Dash 2 Trade (D2T/USD) Is to Rise From $0.007344

Despite bearish resistance, D2T is moving steadily towards its mark. Buyers have fortified the $0.007344 price level as a baseline to sustain the conquest of the $0.008 price level.

In the Second 4-hour session for today, the Dash 2 Trade bulls tested above the $0.008 price level but could not follow it through; the bullish price needed to fall back to base to take it up again. Once again, bullish sentiment is propelling the price upward.

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

Currently, there is an increase in the D2T bullish pressure from around the $0.007344 support level, and this has caused the market to move in a bullish way. However, according to the Bollinger Bands indicator, the price channel is still portrayed as ranging sideways, but with price action ready to cross above the 20-day moving average.

The price action needs to cross above the 20-day moving average; more bullish force is needed for pressure to intensify at the key resistance level. In addition to that, this rebound movement creates investment opportunities for individuals looking to profit from the market’s current upward trend.

D2T/USD Short-Term Outlook: 1-Hour Chart

Dash 2 Trade can be seen in the 1-hour time frame, breaking out of indecision. The price approaches its mark, and the Relative Strength Index (RSI) is responding to this. The bulls are not letting the $0.008 out of their grip; they will keep pressure on it until it finally gives way.

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✨Exciting times in crypto! Institutions like Blackrock enter the space, boosting bullish sentiments. MicroStrategy acquires 12.333 BTC, fueling positive outlook. pic.twitter.com/sY1CcNoX1J

— Dash 2 Trade (@dash2_trade) June 29, 2023

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