Dash 2 Trade Price Prediction for Today, July 10: D2TUSD Looks for an Upturn Retracement at $0.00300 Low Value
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Dash 2 Trade Price Forecast: D2TUSD Looks for an Upturn Retracement at $0.00300 Low Value (July 10)
D2TUSD looks for an upturn retracement as the selling pressure may retire soon, and the coin price could be ready for an upturn movement. If the buy investors could prove harder and exchange hands with the sell traders at the $0.00300 current support, the coin price might turn positive and show sustainability above the $0.00382 resistance value, its upsides should extend further. Then, we can expect a shift in trend to reach a $0.01000 upper resistance level, indicating buyers’ high interest in the asset.
Key Levels:
Resistance levels: $0.00500, $0.00600, $0.00700
Support levels: $0.00200, $0.00150, $0.00100
D2T (USD) Long-term Trend: Bearish (4H)
The Dash 2 Trade price is bearish on its long-term chart. The coin price is below the two EMAs, suggesting a bearish market zone.
The sustained bearish pressure in the past few hours has made the cryptocurrency price remain below the supply trend levels at its recent low.
Meanwhile, the current price at a $0.00300 low value below the supply trend lines has not stale the market condition of the coin. Further, investors may seize the opportunity of the current trend to buy the coin at a lower price and look for more gains ahead. If D2TUSD breaks above the key indicator, market sentiment may turn bullish.
Hence, if a renewed surge in buyer interest occurs, the Dash 2 Trade price might retrace from the $0.00300 support level and surpass the $0.00382 resistance level, increasing buyers’ confidence in the asset.
Meanwhile, further downsides are unlikely as the market price of D2TUSD has reached the oversold region. The coin will resume an uptrend soon, so we can now grow in confidence that a potential buy is coming near. Thus, the next price jump could hit the $0.01000 upper resistance level.
The price jump could hit a 0.01000 upper resistance level in the coming days, indicating a strong supply zone for a potential BUY in its higher time frame.
D2T (USD) Medium-term Trend: Bearish (1H)
The market is trading in a bearish zone. This is owing to the inflows of sell traders. Before the close of yesterday’s session, sell traders pushed the price down to the $0.00306 support level. This gave sellers more strength to continue with the trend in its recent low.
Bearish actions pushed the Dash 2 Trade price below the supply levels at the $0.00300 support level, as the 1-hourly chart resumed trading today.
Hence, a significant push by the bulls could retrace the coin price from the $0.00300 current low level and turn positive to reach the $0.00327 high mark, moving the potential to a higher level for a good buy.
Further, the chart indicates that the D2TUSD price is in the oversold region of the market. It implies that the selling pressure will vanish soon. We will now be looking into the emergence of buyers in the oversold region of the market. Hence, the breakout rally could surge high to hit 0.01000 supply level in the upcoming days in its medium-term time frame.
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