Dash 2 Trade Price Prediction for Today, December 23: D2TUSD Price Close to $0.00712 Resistance Level
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Dash 2 Trade Price Forecast: D2TUSD Price Close to $0.00712 Resistance Level (December 23)
The Dash 2 Trade price is increasing and moving close to the $0.00712 resistance level. The coin price has already increased significantly in previous actions; clearly, the bears are losing control. If the current support level at $0.00650 holds, a post-retest rally may drive the prices high to hit the $0.01000 upper resistance trend level, resulting in intraday gains for the buy traders.
Key Levels:
Resistance levels: $0.00800, $0.00900, $0.01000
Support levels: $0.00500, $0.00400, $0.00300
D2T (USD) Long-term Trend: Bullish (4H)
Despite the interference from sellers, the D2TUSD price still trades in the bullish trend market. Price is trading above the supply trend lines again. This however confirms the presence of more bulls’ impact on the coin.
The sustained bullish pressure pushed the currency pair up to the $0.00654 supply level during yesterday’s session and sustained it till its recent high.
After testing the lows at the $0.00650 level, the bulls continue the journey up north to the $0.00653 high mark as the 4-hour session resumes today. The price bars are above the moving average lines; this indicates and shows the high impacts of the bulls on the crypto, thus a turnaround and more intraday gains for the coin buyers.
Additionally, if the buy traders successfully keep the Dash 2 Trade prices above the $0.00701 resistance level, a retest of the previous high at $0.00721 is possible, which could further extend the coin price to the $0.01000 upper high level in the coming days in its higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
D2TUSD prices can also be seen progressing forward above the supply levels in its medium-term perspective. Buyers are having the market at their disposal at the moment. The bulls’ pressure on the crypto in the past few hours has sustained its bullishness in its recent high.
Today, the bulls caused a rise to a $0.00653 high level above the moving averages to resume its 4-hourly chart. From the look of things, it seems it will keep growing.
Therefore, closing the 1-hourly session above the $0.00686 previous accumulation zone will put the trade more on the buy side.
In addition to this, the Dash 2 Trade price is pointing upward on the daily stochastic, indicating an upward move. We, therefore, expect a breakup of $0.00712 and growth of the price to the resistance of $0.01000 value in the near days in its medium-term time frame.
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