Dash 2 Trade Price Prediction for Today, January 27: D2TUSD Indicates a Good Buy at $0.00487 Price Level
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Dash 2 Trade Price Forecast: D2TUSD Indicates a Good Buy at $0.00487 Price Level (January 27)
Dash 2 Trade is on the positive side today. The coin market indicates a good buy at the $0.00487 price action as the bulls remain dominant at the moment. If the coin price manages to break above the current price bracket, the ensuing target might be the $0.00576 previous high level. Meanwhile, with sustained bullish pressure, the coin could escalate to a high of $0.01000 upper resistance value shortly, resulting in greater gains for the coin investors.
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)
Dash 2 Trade is at an interesting juncture today characterized by the bulls’ action which dominates the market on the higher time frame.
The coin price is now strongly trading above the moving averages with huge volumes from the bulls. Thus, the recent market structure has favored the bulls.
However, the bulls’ pressure to the $0.00477 high value in the previous action has sustained the D2TUSD price above the resistance trend levels in its recent high.
Today’s 4-hour bullish candle at the $0.00484 value which further rises to a $0.00487 supply mark above the moving averages confirms the bulls’ dominance in the market. The market participants are responding to this pattern, and its breakout should offer a good entry opportunity for the coin buyers.
Additionally, new entries by the long-term traders toward the higher side are likely as indicated by the momentum indicator pointing upward. This will encourage the crypto signals to gain more ground. The bulls could therefore aim at the psychological $0.01000 level in the upper resistance area in the days ahead in its long-term perspective.
D2T (USD) Medium-term Trend: Bullish (1H)
Upward pressure still dominates the D2TUSD pair in the medium-term time frame. The crypto is possibly making its way up after hitting the $0.00482 supply level to overcome selling pressure to signal a pump-up. The coin price looks good to buy at the current trend level which will still bounce up further.
The bulls’ pressure on the crypto to a $0.00477 high mark in the previous action has made it possible for the price to remain stronger in an upward trend in its recent high.
Today, the price of Dash 2 Trade is making higher highs and higher lows. However, presently the coin trades at the $0.00487 resistance value slightly above the two EMAs; this will enable the price to rise or break to the upsides while maintaining its current trend. On the other hand, this gives buyers a strong point of interest.
In addition to this, the daily stochastic, which is pointing upward, suggests that there may be more upsides. As the market turns bullish, long traders should continue the bullish race to a significant level and break above the $0.00503 high mark to reach the upper resistance level of $0.01000 in the medium-term time frame.
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