Dash 2 Trade Price Prediction for Today, December 25: D2TUSD Price Could See another Swing up Rally Soon
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
Dash 2 Trade Price Forecast: D2TUSD Price Could See another Swing up Rally Soon (December 25)
The Dash 2 Trade (D2TUSD) price could see another swing-up rally soon. The coin price may soon reverse in a bullish direction, preparing for another likely upward surge. If buyers can demonstrate their strength and trade hands with sellers at the current support level of $0.006041, the price may retrace to retest the previous high of $0.00712 and even further result 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: Bearish (4H)
The Dash 2 Trade market has a bearish long-term outlook, as evidenced by the chart below. This is because of the inflow of sell traders. However, there is about to be a turnaround for the D2TUSD buy traders as the price signal now indicates an upward trend.
The bears’ sustained pressure at the $0.00593 support level during yesterday’s session contributed to its bearishness in its recent low.
Today, on the 4-hour chart, the bears however made a drop to a $0.00604 support level below the moving averages. Given the current trend, buyers can purchase the item at a lower cost and push the market higher.
As a result, if the bulls increase their level of market tension, the price tendency will rise above the critical levels.
Furthermore, as the market is now pointing up around the 29% range of the daily stochastic, D2TUSD is likely to reverse and face the upsides, indicating that the selling pressure will end soon. This will compel buy traders to resume an uptrend, and the $0.00712 supply level will most likely be broken soon in its higher time frame.
D2T (USD) Medium-term Trend: Bearish (1H)
According to the chart below, the medium-term outlook for the Dash 2 Trade market is in a bullish trend zone. The price bar can be seen slightly above the EMA-9, which indicates an uptrend.
Sustained pressure from the long traders to a $0.00604 high mark in the previous action has led the D2TUSD price above the supply levels in recent times.
Meanwhile, the current price at a $0.00604 low value below the supply trend lines has not stale the market condition of the crypto. Thus, traders who buy the coin during this trend will also make gains in the future.
Thus, if the bulls can put extra effort into the price action the price of Dash 2 Trade could turn positive and break above the $0.00654 supply mark, as a result of this, further selling pressure will be put into hibernation and this may expose the crypto price to a high at $0.01000 upper resistance level soon in its medium-term outlook.
Smart Money Insights: Individuals and entities perceived as experienced and informed, often signaling future trends, are considered smart money.
🚀Smart Money Insights📊
— Dash 2 Trade (@dash2_trade) December 24, 2023
Smart Money is individuals & entities who are seen as experienced & informed, often signaling future trends.
These are the top 5 Smart Money buys past 24-hours:$ETH$DYDX$UNI$FLIP$LDO
Check out our Discord for deep dives on Smart Money activity. pic.twitter.com/v4tFMU0Nso
Want a coin that has a huge potential for massive returns? That coin is Dash 2 Trade. Buy D2T now.
