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Dash 2 Trade Price Prediction for Today, August 23: D2TUSD Looks for an Upside Reversal

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Dash 2 Trade Price Prediction for Today, August 23: D2TUSD Looks for an Upside Reversal

Dash 2 Trade Price Forecast: D2TUSD Looks for an Upside Reversal (August 23)

Today, D2TUSD looks for an upside reversal while maintaining its bullish position. The selling pressure may end soon, and the coin price could be ready for an upward movement. Based on the outlook, a positive breakout confirmation reflecting the increased market sentiment will occur should the bulls go higher and close above the $0.00268 line. Doing so will offer a higher footing for buyers to prolong this recovery, reaching the $0.01000 upper resistance level, and obtaining a higher footing to rise higher.

Key Levels:
Resistance levels: $0.00450, $0.00500, $0.00550
Support levels: $0.00200, $0.00150, $0.00100

D2T (USD) Long-term Trend: Bullish (4H)

D2TUSD is in a bullish posture in its long-term view. The price is above the EMA-50, indicating an upward momentum and the high impact of buyers in the market.
Dash 2 Trade Price Prediction for Today, August 23: D2TUSD Looks for an Upside Reversal
The sustained bullish pressure in the past few hours has made the cryptocurrency price remain above the supply trend levels at its recent low.

Meanwhile, the current price of Dash 2 Trade at a $0.00259 low value above the supply trend lines has not stale the market condition of the coin as it remains intact.

Further, investors may seize the opportunity now and buy the coin at a lower price, and look for more gains ahead.

Hence, to predict a bullish rise in the market above the $0.00268 supply level, buyers must step up their efforts.

Further, staying above the supply levels will give the D2TUSD pair the tendency to experience an upside reversal at the $0.00259 current support level. As a result, the crypto price may turn upside to hit the $0.01000 upper high mark soon in its long-term perspective.

D2T (USD) Medium-term Trend: Bullish (1H)

The coin also trades in a bullish trend market in the medium-term outlook. This is due to the high impact of long-term traders on the price flow.
Dash 2 Trade Price Prediction for Today, August 23: D2TUSD Looks for an Upside Reversal
At the press time, the Dash 2 Trade price hovers at the$0.00259 support level above the moving average 50, indicating an uptrend.

All eyes are glued on the $0.00261 previous high mark, but seller congestions at the $0.00259 low value have become impenetrable.

The bulls are battling the resistance at the $0.00261 supply level. Thus, if the coin price closes above this level, it would be a turnaround for D2TUSD buy traders.

Additionally, the pair has fallen below the 20% range of the daily stochastic. It indicates that the pair is now in the oversold region of the market, suggesting a possibility of an upside reversal at the $0.00259 support level.

This will compel the emergence of buyers in the oversold region of the market. As a result, the price of Dash 2 Trade could pump or surge upsides to hit the $0.01000 upper resistance value soon in its lower time frame.

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