Dash 2 Trade Price Prediction for Today, December 26: D2TUSD Price Will Bounce -off the Support Line 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 Will Bounce off the Support Line Soon (December 26)
The D2TUSD pair is likely to bounce off the support line and break through the resistance level soon. As a result, an increase in bullish pressure and a sharp breakout and close above the previous supply point at the $0.00712 high value will invalidate any bearish thesis, and the price may reach the upper level of $0.01000 and beyond resulting in intraday gains for the buy traders.
Key Levels:
Resistance levels: $0.00700, $0.00800, $0.00900
Support levels: $0.00500, $0.00400, $0.00300
D2T (USD) Long-term Trend: Bearish (4H)
In the long term, the D2TUSD pair is showing a bearish pattern. The price bars are visible beneath the moving averages. This is due to a large inflow of sell traders. However, the D2TUSD buy traders are about to see a turnaround as the pair now points up on the daily signal.
The bears’ pressure on the crypto in the past few hours has dropped the price below the supply trend levels in its recent low.
Shortly after today’s 4-hour session began, the bears dropped to a $0.00564 support level below the two EMAs. As a result, buyers who invest in this trend will profit in the future. Thus, buyers who invest in this trend will also make profitable gains in the future.
Further, the market is now pointing below the 52% range of the daily stochastic. This means the crypto market is oversold and the emergence of the bulls is crucial at this moment.
Hence, the bulls are expected to turn around the price of Dash 2 Trade and may likely reach the $0.01000 upper supply value in the days ahead in its long-term outlook.
D2T (USD) Medium-term Trend: Bearish (1H)
The market price of D2TUSD is currently trading in the bearish market zone. This is due to the inflows from the sell traders.
The intervention from the sell traders at the $0.00 low value in the previous action has made the coin price drop below the supply trend line in its recent high. The price responded to the shift in the market structure and is currently below the moving averages at the $0.00597 high value as the 1-hour chart opens today.
Meanwhile, the current price at a $0.00597 high value below the supply trend lines is a pullback and has not stale the market condition of the crypto. Thus, traders who buy the coin during the bearish market will also make gains in the future.
Adding to that, further downsides are unlikely as the market price of D2TUSD remains in an upward direction on the daily signal. This suggests the continuation of an uptrend. So, we can now grow in confidence that a potential buy is coming near. If this is achieved, a $0.01000 high value might be the target in the coming days in its medium-term outlook.
Smart Money Insights: Individuals and entities perceived as experienced and informed, often signaling future trends, are considered smart money.
🚀Smart Money Insights📊
— Dash 2 Trade (@dash2_trade) December 24, 2023
Smart Money is individuals & entities who are seen as experienced & informed, often signaling future trends.
These are the top 5 Smart Money buys past 24-hours:$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.
