The price action in the D2T market has successfully broken the $0.01600 resistance. Nevertheless, it appears that market bulls are now targeting the $0.01760 price mark as the next level to be broken. Let’s further examine price activity in this market.
Dash 2 Trade: February 24th, 2023
Dash 2 Trade Value: $0.01611
D2T Trade Market Cap: —–
D2T Trade Block Flowing
Dash 2 Trade Total Supply:
Dash 2 Trade Total Supply: 1 billion
D2T ranking on CoinMarketCap: #3096
Major Price Levels:
Resistance: $0.01611, $0.01651, and $0.01691
Support: $0.01600, $0.01560, and $0.01520
Dash 2 Trade (D2T) Price Action Avoids Downward Force as It Prepares to Hit the $0.01700 Mark
D2T/USDT price action continues to move upwards on the 4-hour market. Green price candles keep showing up above the middle limit of the Bollinger Bands indicator. It could be seen that price activities haven’t pushed the uppermost limit of the indicator; this could be seen as a trick to avoid triggering a headwind. Furthermore, the MACD indicator lines continue to move upward above the equilibrium point. Also, the bars of this indicator are green in appearance, which indicates that upside momentum is intact. Furthermore, the RSI indicator lines are still rising and are now at 91 and 82. The signs emanating from the applied technical indicators here are still positive about a continuous price increase in this market.
Dash 2 Trade (D2T) Stays Generally Focused on its Upside Price Target
Looking at the applied Bollinger Bands indicator in the D2T/USDT hourly market, it could be seen that this indicator is oriented upwards. By implication, this reveals the overall market trend. Likewise, the RSI indicator keeps brightening upside expectations, as its lines are now trending upward toward level 50 of the indicator. Also, the appearance of the RSI indicator seems to assure that price action will pick up more upside in the meantime, as its lines stay significantly apart. The MACD curves remain above the 0.00 level. However, the curves of this indicator are now moving sideways. Nevertheless, one may suspect that a bullish crossover may be near judging by the closeness of the MACD indicator lines. Therefore, traders can anticipate the D2T price reaching the $0.01800 mark soon. While D2T price action is on its way toward the mentioned price mark, you can also stay abreast with all the latest, and juicy developments in the cryptocurrency industry by joining the D2T fast-growing community.
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