Dash 2 Trade Price Prediction for Today, July 7: D2TUSD Price is Negotiating the $0.1000 Upper Resistance Level
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Dash 2 Trade Price Forecast: D2TUSD Price is Negotiating the $0.01000 Upper Resistance Level (July 7)
Dash 2 Trade market is positive today. The coin is experiencing a significant inflow of buying pressure, resulting in a massive bullish candle that breached two important resistance levels. The coin price is negotiating the upper resistance level as the coin is currently recovering and also remains firm above the supply levels. However, the crypto might remain in that direction if the bulls could add more effort and the price closes above the $0.00851 supply level, the coin might further extend to a $0.1000 upper high level and beyond.
Key Levels:
Resistance levels: $0.01000, $0.01100, $0.01200
Support levels: $0.00700, $0.00600, $0.00500
D2T (USD) Long-term Trend: Bullish (4H)
Dash 2 Trade price is in a bullish market at the moment. Further, the coin is trading above the moving averages making higher highs and moving toward the upper resistance area.
Over the past few hours, the Dash 2 Trade price has been wavering above the recently breached $0.00734 barrier to retest its previous high as potential support. This has made it capable for the coin to remain firm in an uptrend in recent times.
The buy traders made a strong push from the $0.00720 value to the $0.00740 resistance level above the moving averages as the 4-hourly chart opens today which indicates an intraday growth and more gains for buyers.
If buyers could manage to hold above the $0.00851 previous high mark during this bullish trend pattern, it would validate the breakout and potentially trigger the next phase of the rally.
In addition to that, the underlying sentiment suggests an uptrend continuation in the coming days as indicated by the daily stochastic pointing upwards.
It is expected of buyers to push the price of D2TUSD further up to a significant level and in this case, the target might be the $0.1000 upper resistance level in the days ahead in its higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H)
D2TUSD is showing a more bullish impact in its medium-term outlook. The bulls are having the market at their disposal at the moment. 
This bullish trend pattern is an essential phase after a massive rally, as it allows for the recuperation of bullish momentum and validates the price stability at higher levels.
The bulls’ pressure on the currency pair at the $0.00734 value in the previous action has made it possible for the price to remain in an upward trend zone in its recent times.
The bulls made an aggressive move up to the $0.00740 supply level above the two EMAs approaching the upper resistance levels shortly after the 1-hourly chart opens today. This however makes it capable for the coin to rise further.
A successful hold above the $0.00761 previous peak could pave the way for the Dash 2 Trade price to target the next resistance at $0.00851.
In a like manner, the daily stochastic indicates an uptrend. Therefore, if the bulls should add more aggression to their activities in the market, in such a scenario, the D2TUSD price may aim for the next resistance level of $0.1000, registering a potential gain of 26% soon in its medium-term time frame.
Do you think the “next bull market” is just getting started, or do you think the bears will soon take control?
3/3
— Dash 2 Trade (@dash2_trade) July 4, 2023
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