Dash 2 Trade Price Prediction for Today, July 29: D2TUSD Price Will Go Up, Buy!
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Dash 2 Trade Price Forecast: D2TUSD Price Will Go Up, Buy! (July 29)
D2TUSD price will go up and move higher above the current resistance level if buyers should triple their efforts to forecast a bullish increase in the market above the $0.00724 resistance level, $0.00745 upper high level may be retested, resulting in a great dealing for the long traders.
Key Levels:
Resistance levels: $0.01000, $0.01100, $0.01200
Support levels: $0.00800, $0.00700, $0.00600
D2T (USD) Long-term Trend: Bullish (4H)
D2TUSD price seems to have pullback a little but the overall trend is still bullish. As a result of price rejection at this level, there was an immediate reversal.
Buyers pushed the price higher to the $0.00561 resistance level during yesterday’s session and sustained it; this has enabled the coin price to remain above the supply level in its recent high.
Today, the price is making higher highs and higher lows. However, presently the coin trades at the $0.00562 resistance value slightly above the EMA-9; this implies a gradual weakness in the strength of the sell traders while buyers are becoming more active.
Hence, should the bulls add effort to their buying pressure, the price of Dash 2
Trade will go up from the sideway moves as indicated by the momentum indicator to revisit the $0.00745 previous barrier which could lead the coin price to the $0.02000 level in the upper resistance area in the days ahead in its long-term perspective.
D2T (USD) Medium-term Trend: Bullish (1H)
Despite the indecisive moment in the market, the medium-term time frame shows a bullish race. The price of D2TUSD can now be seen progressing upward above the moving averages.
This shows that buyers are currently gaining more strength in the market.
In the previous session, the price closed at the $0.00561 supply level, this made it capable for the coin to remain strong above the resistance trend levels in its recent high.
Additional buying pressure pushed the price up to $0.00562 above the critical resistance value shortly after the 1-hourly chart opened today. This will however give the buy traders the tendency to further ladder up the trend. To push the price above the supply zone more buyers’ participation is a prerequisite.
However, there is a possibility of more upsides as shown by the daily stochastic pointing up; it is expected of the long traders to continue with the bullish race to a significant level and break above the $0.00619 barrier to reach the $0.02000 upper resistance level in the medium-term time frame as we watch the market turns bullish.
Early Bull Market signals continue despite the price action’s lacklustre performance last week. The market is acting independently, but it’s a great chance for traders and investors to work on their patience!
🔍 Smart Money Insights 🚀
— Dash 2 Trade (@dash2_trade) July 25, 2023
Despite last week's lackluster price action, early Bull Market signs persist. The market's doing its own thing, but it's a valuable opportunity to practice patience as a trader & investor!
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