Dash 2 Trade Price Prediction for Today, December 14: D2TUSD Price Could Turn Positive Soon
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Dash 2 Trade Price Forecast: D2TUSD Price Could Reverse and Turn Positive Soon (December 14)
Despite the moves by the sell traders, D2TUSD remains in a bullish market. The coin price could reverse and further turn positive if the bulls could add more strength to their potential buying and the market price sustains above the $0.00660 high mark, the potential rally could surge above the $0.00698 higher level to hit the $0.01000 upper resistance value and beyond.
Key Levels:
Resistance levels: $0.00800, $0.00900, $0.01000
Support levels: $0.00600, $0.00500, $0.00400
D2T (USD) Long-term Trend: Bullish (4H)
Dash 2 Trade remains bullish despite the moves from the sell traders. The price is seen trading above the EMA-50 which confirms its bullish trend.
In the previous actions the coin has been having high interference from buyers which made it easier for the cryptocurrency to maintain stable upside moves in recent times.
The D2TUSD price plummeted to the $0.00659 support level above the EMA-50 as the 4-hour chart resumes today. Nevertheless, today’s price drop has still not stalled the bull run as it remains intact. Traders might seize this opportunity to invest in the coin at a lower rate for more future gains.
Hence, an upside breakout above the $0.00698 mark with a 4-hour candle closing will offer buyers a solid foothold to push the Dash 2 Trade price higher.
Meanwhile, the market now approaches the oversold region indicating that the selling pressure will end soon. This will now compel the long traders to emerge and push the market price of D2TUSD up to a significant level of $0.01000 and beyond in its long-term time frame.
D2T (USD) Medium-term Trend: Bullish (1H)
In the medium-term time frame, prices of D2TUSD are above the EMA-50 and have confirmed a bullish momentum breaking the previous high.
The sustained bullish pressure at the $0.00663 supply level during the last session has made it possible for the coin to remain firm in an uptrend in its recent high.
After the series of ranging, actions from the bears drops the price of Dash 2 Trade to a $0.00659 low level above the EMA-50 shortly after the 1-hour chart opens today. Thus, staying above the moving average will make the crypto’s rise easier.
Therefore, if the bulls should increase their price action, and a bullish momentum is sustained far above the resistance trend lines, further bearish sentiment will be hibernated.
Notably, the coin is oversold already and ready for an upward trend, with this intended action, the price of D2TUSD might likely turn positive to reach a $0.01000 high level soon in its medium-term perspective.
Dash 2 Trade Development Update: There have been numerous Autotrader updates and improvements, as well as UI and UX fixes for trading competitions and events.
Dash 2 Trade Development Update:
— Dash 2 Trade (@dash2_trade) December 12, 2023
12.12.2023
Lots of autotrader updates and improvements, UI and UX fixes for trading competitions and events.
-Autotrader improvements: List of exchanges is visible on FE, v2 API, added exchange-specific errors, improve UX & include passphrase on… pic.twitter.com/MRx8B1OuAC
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