The D2T/USD pair is exhibiting a distinct bullish signal today, indicating the continued resilience of the bulls. Despite selling pressure, the market managed to achieve a slightly higher support level at $0.005331. If the bullish momentum persists and breaks through the resistance at $0.00745, there is a possibility of further price increases, potentially reaching a high trend line around $0.01000. This could present a promising buy signal and a potential turnaround for the bulls.
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
Starting on July 24, the D2T candlesticks have consistently displayed noteworthy upper shadows, testing above the $0.00600 price level. The anticipated bullish target appears to be in the $0.007 price zone; however, this level is encountering robust resistance, evident from the upper shadows seen on the candlesticks.
Furthermore, the peaks on the chart seem to be descending, while the support levels show a rising trend. This convergence between support and resistance indicates that the market might be gearing up for consolidation around the $0.0056 price level. Traders should keep a close eye on these developments, as they could have significant implications for future price movements.
D2T/USD Short-Term Outlook: 1-Hour Chart
Upon analyzing the 1-hour chart of the Dash 2 Trade market, it becomes evident that the market is exhibiting significant higher lows. Additionally, the Bollinger Bands, while indicating a ranging market, are slightly tilting in favor of the bulls. This suggests that buyers are steadily growing stronger, indicating a potential shift in the market’s direction.
There are numerous events coming up before the year is over:
Lots happening before year-end:
1. 🏁 Complete presales and finalize the core platform.
2. 🚀 Launch fully open beta without request via Discord.
3. 💰 Initiate subscription payments.
4. 🏆 Conduct trading competitions.
5. 🤖 Release Autotrader v1.Keep your eyes locked on D2T! pic.twitter.com/duaSL87Ln0
— Dash 2 Trade (@dash2_trade) July 26, 2023
Do you want a coin with great potential for enormous returns? Dash 2 Trade (D2T) is that coin. Buy D2T now!
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