Dash 2 Trade Price Prediction for Today, July 10: D2TUSD Price Recovery Will Push past the $0.00851 Barrier, Buy!

Dash 2 Trade Price Forecast: D2TUSD Price Recovery Will Push past the $0.00851 Barrier, Buy! (July 10)
D2TUSD gave a bullish breakout from a down-sloping trend line as a signal for potential recovery. The cryptocurrency price will soar higher to retest the $0.00851 high mark. The coin having rebounded will most likely continue its bullish correction and the price could go higher and hit the mentioned resistance value. If the bulls can break up the $0.00851 supply mark, then we can expect a good upside momentum up to the $0.1000 upper high-value accounting for a rise and a buy opportunity for the traders.

Key Levels:
Resistance levels: $0.01000, $0.01100, $0.01200
Support levels: $0.00800, $0.00700, $0.00600

D2T (USD) Long-term Trend: Bearish (4H)
The D2TUSD pair portrays a bearish market trend in its long-term outlook. The price responded to the shift in the market structure and is currently below the moving averages.

The crypto price has been below the supply trend levels since its most recent low due to the persistent bearish pressure over the last few days.

However, the coin is recovering from the recent correction as fresh buying emerges near the supply level following the upward race.

The cryptocurrency has completed its correction and is now set for an upswing. The bulls have decided to shift the trend up after a series of lows shortly after today’s daily chart opens.

The buy traders pushed the market price of Dash 2 Trade up to the $0.00711 resistance value slightly below the two EMAs shortly after the 4-hourly chart opens today. A break above the $0.00851 barrier would intensify the buying pressure on the crypto and prove its sustainability for the higher prices.

Adding to that, the market price of D2TUSD is pointing up in the oversold region; this means that the momentum in the coin price will likely remain and continues in an upward move.

We can now expect the next jump by the bulls to push past the $0.00851 barrier and hit the $0.1000 upper resistance level in the days ahead in its higher time frame.

D2T (USD) Medium-term Trend: Bullish (1H)
In the medium-term time frame, the price of D2TUSD is above the EMA-9 and has confirmed a bullish momentum breaking the previous high.

The pair has just resumed its smooth upward rally but has yet to reach its goals. So it seems likely that the bulls are about to take over and push us higher.

The sustained bullish pressure pushed the currency pair up to the $0.00708 supply level during yesterday’s session and sustained it. This has made it capable for the coin to remain firm in an uptrend in its recent high.

The bulls caused a rise to a $0.00711 high level above the EMA-9 shortly after the commencement of the 1-hourly chart opens today. Thus, buyers need to add more pressure to their activities to move the market beyond the current price level.

With positive sentiment in the market, the resulting pullback may plunge the coin price to rise above the previous high of the $0.00746 barrier, where it currently hovers above the confluence of the rising supply trend line.

Hence, Dash 2 Trade is showing more upside possibility as indicated by the daily stochastic which is pointing in an upward direction. We can certainly expect more gains and strength from the coin as the bulls continue to dictate the market conditions. The pair may likely reach the $0.1000 resistance level in the days ahead in its medium-term perspective.

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— Dash 2 Trade (@dash2_trade) July 1, 2023

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