D2T began moving sideways after the price hit the mark of $0.0233 on April 24. Then, after a lower resistance level formed at $0.021, we began to see both the resistance and the support levels growing closer as the standoff intensified around the equilibrium level of the market. The market seemed to break out to the downside on April 30 as the daily session opened, but the strong support level did not permit the bearish price to go beyond the main price level of $0.0176.
Key Levels
- Resistance: $0.060, $0.065, and $0.070
- Support: $0.018, $0.017, and $0.016
Dash 2 Trade (D2T) Price Analysis: The Indicators’ Point of View
The Bollinger Bands indicator portrays an explosion of liquidity in both the bear market and the bull market. But it is very likely that the market will take up an upward trend, as it seems like the key support level is capable of holding against the selling pressure. According to all the indicators used for the analysis, the market is bearish for now but is likely to rise from the support level.
D2T/USD Short-Term Outlook: (1-Hour Chart)
The Bollinger Bands from this timeframe show a downward trend and fading volatility as bulls and bears get even at the current price level. The momentum of the market, according to the Relative Strength Index continues at 42. It could not go beyond that. Making reference to historical market performance, the next still to expect is a bullish breakout. The $0.020 price level could be targeted in the next daily trading session.
To assist you get high marks, our custom scoring system assesses the authenticity of the team, the project, and more. Get your DT2 now at http://gate.io/trade/D2T_USDT and learn about the countless opportunities that await you.
Ready to make a major play in the world of #Presale #Tokens?📈
Our bespoke scoring system evaluates team credibility, project legitimacy, and more to help you score big.
Get your $DT2 today at https://t.co/nHbFnPkSFc and discover the endless possibilities of #D2T! pic.twitter.com/xuXzJteJa5
— Dash 2 Trade (@dash2_trade) April 30, 2023
Do you want a coin with great potential for enormous returns? Dash 2 Trade (D2T) is that coin. Buy D2T now!
Leave a Reply