Dash 2 Trade Price Prediction for Today, December 17: D2TUSD Price Retracement May Surge above $0.00406 Resistance Level
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Dash 2 Trade Price Forecast: D2TUSD Price Retracement May Surge above $0.00406 Resistance Level (December 17)
The D2TUSD pair is rising and the price retracement may surge above the $0.00406 resistance trend level. The coin is possibly making its way up after hitting the $0.000129 low level to signal a pump. Thus, a strong push from the current price at the $0.00153 supply value above the supply trend levels will put the cryptocurrency in a bullish trend and this may further extend to the $0.01000 upper resistance level resulting in intraday gains for the buy traders.
Key Levels:
Resistance levels: $0.00153, $0.00154, $0.00155
Support levels: $0.000800, $0.000700, $0.000600
D2T (USD) Long-term Trend: Bullish (Daily Chart)
The D2TUSD is experiencing a price surge in its medium-term outlook. The price bar is above the moving average, suggesting a bullish trend.
The intervention from the buy traders at the $0.000964 high value in the previous action has made the coin price surge above the supply trend line in its recent high.
The market value of D2TUSD jumps to the $0.00100 high level above the moving average -50 shortly after the commencement of the 4-hourly chart today, indicating that positive sentiment is returning to the market. Thus, buyers must add more pressure to their activities to move the market beyond the current price level.
In addition, the Dash 2 Trade market indicates more upside possibilities, as shown by the daily stochastic pointing upwards; we can certainly expect more gains and strength from the coin.
The pair may grow to retest the $0.00151 previous resistance level soon and might expose the coin price to hit the $0.01000 upper high mark in the days ahead in its medium time frame.
D2T (USD) Medium-term Trend: Bearish (4H Chart)
D2TUSD indicates a downward trend with a bearish sentiment in its long-term perspective. The coin is trading below the EMA-50.
However, the current trend will soon be nullified as the market has resumed its bullish race, and the price retracement may surge above the crucial levels.
The sustained bearish pressure at the $0.000776 support value has enabled the crypto price to drop below the supply levels in its recent high. However, the bulls are now set to swing up the coin price to its new resistance trend levels.
The Dash 2 Trade price on the daily chart today is facing resistance and trading at the $0.00100 correction level. Further, the rising prices reclaimed more confirmation for a bullish recovery.
Therefore, if the bulls can increase their tension in the market, the price tendency will move above the key levels. Further, the rising prices will attract more buyers to drive the coin price to a higher level.
Additionally, the daily stochastic indicates an uptrend. Hence, if the coin buyers manage to break above the $0.00406 previous supply trend line, the market participants may witness a new recovery rally, and the price retracement may reach the $0.01000 high mark in the days ahead in its lower time frame.
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