Despite the presence of a headwind, bulls in the Dash 2 Trade market have been able to regain their ground above the $0.01400 mark. Additionally, trading indicators used in analyzing this market seem to predict that market bulls are preparing to launch another attack.
Dash 2 Trade: February 3rd, 2023
Dash 2 Trade Value: $0.01404
D2T Trade Market Cap: —–
D2T Trade Block Flowing Supply: —-
Dash 2 Trade Total Supply: 1 billion
D2T ranking on Coinmarketcap: #3071
Major Price Levels:
Resistance: $0.01404, $0.01434, $0.01464
Support: $0.01400, $0.01380, $0.01350
Dash 2 Trade (D2T) Bulls Are Gathering Momentum
Price action in the D2T/USDT 4-hours market maintains its upside focus. Additionally, technical indicators are also predicting that a tailwind is building in this market. The last price candle here is a green one, which reveals the impact made by buyers. Also, the Stochastic RSI indicator lines can be seen taking a steep upside trajectory from the oversold region. Likewise, the Moving Average Convergence Divergence indicator is revealing that upside forces are gaining momentum over downside ones. This could be observed as the MACD histogram bars below the 0.00 level are now growing short and pale. It can be deduced from here that Dash 2 Trade price action is preparing to move upwards.
Dash 2 Trade Is Gradually Retracing Higher Price Mark
Dash 2 Trade price action seems to have claimed a strong base level, from which it can move significantly upwards. In the hourly market, the last two price candles are reclining above the middle limit of the Bollinger Band indicator. Also, the Bollinger band can be seen contracting, and this behavior is suggesting an impending significant price move. And given the present position of the price candle, price action may go bullish. Furthermore, the RSI curves are now in the oversold area. Likewise, the MACD curves keep moving upward and toward the equilibrium level. Therefore, signs coming indicators are suggesting that the (D2T) market is preparing to move towards $0.01550. Also, about 626.5 million D2T tokens have been vested for five years by Dash 2 Trade. Also, it has been planned that more will be vested daily.
🔐Dash 2 Trade tokens are Vested!🔐
A thread 🧵
1/🗓️Last Thursday, January 19th – Dash 2 Trade locked 626,5 million $D2T tokens for 5 years with a daily vesting schedule. pic.twitter.com/c9E54SBHVV
— Dash 2 Trade (@dash2_trade) January 24, 2023
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