Dash 2 Trade Price Prediction for Today, January 25: D2TUSD Sellers Holding Back at $0.00449 Price Level
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Dash 2 Trade Price Forecast: D2TUSD Sellers Holding Back at $0.00449 Price Level (January 25)
D2TUSD selling pressure may end soon and the possibility for sellers holding back at the current support of $0.00449 value is very crucial at the moment as the coin price has been outrageously oversold. The coin will still go further if sellers can hold back at the current support at the $0.00449 level. The crypto’s price may resume and continue its upside moves to retest the $0.00588 previous high level which could further target the $0.01000 supply amidst the market surge, provided buyers increase their price actions in the market.
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)
The Dash 2 Trade price is forming lower lows and lower highs on its long-term chart. Further, the price is trading below the two EMAs; which means that it’s in a bearish market zone at the moment.
The sustained dip to the $0.00453 level in the past trading session has made the cryptocurrency price remain below the supply trend levels in its recent low.
In the meantime, the coin’s market situation has not stagnated despite the present price, which is $0.00449 support value below the supply trend lines. Moreover, investors can take advantage of this current opportunity to purchase the currency at a discount to pursue future gains.
Additionally, the price of D2TUSD is headed downward at the daily stochastic 19% range. It suggests that the coin price is currently in the oversold area of the market. It implies that the pressure to sell would be subsided sooner.
We will now be looking into the emergence of more buyers in the oversold region of the market. This crossover could encourage the breakout rally to hit the $0.01000 supply level in the days ahead in its higher time frame.
D2T (USD) Medium-term Trend: Bearish (1H)
The coin also trades in a bearish trend market in the medium-term outlook. This is due to the high impact of short-term traders on the price flow. 
The sell traders made a downward move to the $0.00454 support level before the end of yesterday’s session. This gave sellers more strength to drop the price of Dash 2 Trade below the supply trend lines in its recent times.
Today, the bulls are trying hard to remain above the $0.00497 supply mark, so the coin price can pull back at the current support of $0.00449 to invalidate the bearish theory.
However, long traders can join the market or invest in the crypto with the current trend and buy at a lower rate for more gains in the future. This will reflect an increase in the trend momentum.
With the overall market trend still bearish, the D2TUSD price is likely to plunge higher and retest the high accumulation zone of the $0.00497 level.
In continuation, the market price of Dash 2 Trade is in the oversold region of the stochastic, this means that the selling pressure is ending soon, and the expected upside move in the price could be high at $0.01000 swing high in the coming days in its medium-term outlook.
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Dash 2 Trade Development Update:
— Dash 2 Trade (@dash2_trade) January 24, 2024
24.01.2024
Multiple autotrader improvements, updates for backtester, BE and API changes and fixes.
-Subscription smart contract deployed on mainnet for testing
-Autotrader improvements: WIP on adding new pairs, adjusted fees in PNL calculation &… pic.twitter.com/JcSAfLc6HF
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