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Dash 2 Trade bulls are increasingly becoming more aggressive. Consequently, this has seen the D2T price break through multiple resistance levels within the last 24 hours. However, from the behavior of price action, it can be perceived that the bulls aren’t ready to back down from pushing prices upward. Therefore, let’s further examine this market.
Dash 2 Trade: February 21st, 2023
Dash 2 Trade Value: $0.01508
D2T Trade Market Cap: —–
D2T Trade Block Flowing
Dash 2 Trade Total Supply: —-
Dash 2 Trade Total Supply: 1 billion
D2T ranking on CoinMarketCap: #3074
Major Price Levels:
Resistance: $0.01508, $0.01538, and $0.0170
Support: $0.01500, $0.01470, and $0.01440
Dash 2 Trade Breaks Through the $0.01500 Price Mark
Dash 2 Trade bulls have been able to successfully bust through the $0.01500 price ceiling. At this point, the D2T/USDT price now sits at the $0.01508 level. Furthermore, we can see that another green price candle has formed near the uppermost limit of the Bollinger Bands indicator. Therefore, given the appearance of this price candle, it appears that price action will keep moving upward. Additionally, both the MACD and Stochastic RSI indicator curves have maintained their upside paths following a crossover. This implies that the D2T price action may stick to its upside focus.
Dash 2 Trade Bulls Bounce Back to Regain Control Over Price Movement
Moving to the D2T/USDT hourly market, the resilient nature of market bulls is portrayed. It could be seen that after price action hit the highest limit of the Bollinger Bands Indicator, there was a minimal downward rebound in price. However, buyers were quick to swoop into action, and price action has regained its upside trajectory. This could be seen as a bullish price candle that appeared for this ongoing session. Also, the MACD indicator curves continue to move upward above the 0.00 level of the indicator. Furthermore, the RSI lines are also above the 80 mark of the indicator, although they seem to be approaching each other for a crossover on their way to the overbought region. However, price action in this market still largely possesses more upside propensity, as this market seems to be heading toward the level of the $0.01650 price mark. Furthemore, Various traders can make well-informed entries and exits into the market, through the use of technical signals. You! Can get your full Dashboard access with the Dash 2 Trade tokens Straight away!
📈 #D2T Features – Independent Technical Indicators 📈
Technical signals can be used by different types of #traders to make well-informed entries and exits into an asset.
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— Dash 2 Trade (@dash2_trade) February 21, 2023
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