Dash 2 Trade Price Prediction for Today, January 26: D2TUSD to Retrace at $0.00459 Level
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Dash 2 Trade Price Forecast: D2TUSD Price to Retrace at $0.00459 Level (January 26)
The D2TUSD price is likely to retrace at the $ 0.00459 support level if the mentioned level holds. The coin may face the positive side if the buy traders exert more force and push the price above the $0.00588 supply level. Then we can expect a good bullish pattern to the $0.01000 upper resistance value accounting for a rise in the coin market.
Key Levels:
Resistance levels: $0.00600, $0.00700, $0.00800
Support levels: $0.00400, $0.00300, $0.00200
D2T (USD) Long-term Trend: Bullish (4H)
The D2TUSD pair is trading in the bullish trend market in its long-term outlook. The price bar which can be seen in the red candle is slightly above the EMA-9 and has confirmed its bullishness.
The sustained pressure from the bulls at the $0.00474 supply level in the previous session has contributed to its bullishness in its recent price level.
The drop in the price of Dash 2 Trade to the $0.00459 low value as the 4-hour chart commenced today has no serious effect on the market as the price remains in an uptrend.
However, price reversal at the mentioned current support level is more likely sooner; traders can buy the crypto at a lower price with this current trend.
Thus, if buyers eventually wrestle trend control from sellers and retrace from $0.00459 support, a breakout above the trend line is needed to confirm the potential Bull Run.
In addition, the momentum indicator shows that the price of D2TUSD is now approaching the oversold region. This implies that the selling pressure will soon end; this will bring the emergence of fresh buyers to dominate the market soon and increase the potential of the crypto signal to attract buyers.
In light of this, we expect the price distribution to retrace from the $0.00459 support level to retest the previous high of $0.00588 value which could further reach the $0.01000 upper supply level and beyond in the coming days in its long-term-term outlook.
D2T (USD) Medium-term Trend: Bullish (1H)
The currency pair is also showing a bullish sentiment in its medium-term outlook. The price actions can be seen above the EMA-50 indicating a bullish momentum. 
The bulls’ pressure at the $0.00477 supply level in the past few hours has made the market value of Dash 2 Trade remain above the supply trend levels in recent times.
The coin plummeted to the $0.00459 support level as the 1-hourly chart resumes today.
Nevertheless, today’s price drop has still not stalled the bull run as it remains intact. Traders might seize this opportunity to invest in the coin now at a lower rate.
With the overall market trend still bearish, the D2TUSD price is likely to plunge higher and retest the high accumulation zone of $0.00497 level to prolong the correction.
Additionally, the coin market is now approaching the oversold region. This means that the price of Dash 2 Trade might retrace at the current support level and its upside moves may likely retest the $0.00494 supply level soon and this might lead the coin price to hit the $0.01000 upper high level in the nearby days in its medium-term time frame.
Dash 2 Trade Development Update: Numerous updates for back testers, BE, API, and Autotrader improvements are included.
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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