Dash 2 Trade’s price has been facing difficulties generating sufficient bullish momentum for a bounce back. However, the market is currently poised for the next bull cycle, and a rapid increase is anticipated shortly. A bullish crossover above the previous high mark of $0.00753 is likely to motivate ‘buy’ investors for a more extended correction, potentially reaching a high at the upper supply trend line of $0.1000.
Key Levels
- Resistance: $0.015, $0.016, and $0.017
- Support: $0.007, $0.006, and $0.005.
Dash 2 Trade (D2TUSD) Price Analysis: The Indicators’ Point of View
Looking at the Dash 2 Trade market, we noticed that the bulls have found a firm footing slightly above the $0.005 price level, and so far we have seen the market testing the $0.006 resistance level repeatedly, in the previous daily trading session and today’s trading session. As a result of this bullish momentum buildup, we noticed the Bollinger Bands converging against the price action. This is a sign of an imminent movement of the price in a bullish direction.
D2T/USD Short-Term Outlook: 1-Hour Chart
From the 1-hour chart, we can see that the $0.006 price level is a crucial resistance level. The Dash 2 Trade Bears seem strong around this supply level. However, despite this, bulls have been able to secure a slightly higher demand level at $0.0053. Although the repeated appearance of candles with a very high upper shadow suggests strong bearish sentiment at the key resistance, the support appears very strong to hold against bearish advances.
Early Bull Market signals continue despite the price action’s dismal performance last week. The market is acting independently, but it’s a great chance for traders and investors to work on their patience!
🔍 Smart Money Insights 🚀
Despite last week’s lackluster price action, early Bull Market signs persist. The market’s doing its own thing, but it’s a valuable opportunity to practice patience as a trader & investor!
📉 Smart Money token holdings at 13.6%, a slight decrease…
— Dash 2 Trade (@dash2_trade) July 25, 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