Dash 2 Trade Price Prediction for Today, June 13: D2TUSD Price Retracement May Surge above the $0.1000 Resistance Level
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Dash 2 Trade Price Forecast: D2TUSD Price Retracement May Surge above the $0.1000 Resistance Level (June 13)
Dash 2 Trade at the moment is currently recovering and facing the upper channel. Thus, if the coin closes above the previous high of $0.01562 value, the accelerated buying pressure may increase the coin price to reach the $0.1000 upper resistance level and beyond. Thus, a potential buy signal.
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 Dash 2 Trade price is forming lower lows and lower highs on its long-term chart. Further, the price is trading below the two EMAs; it means that it’s in a bearish market zone at the moment. This is due to the high inflow from the sell traders. However, there is about to be a turnaround for the D2TUSD buy traders.
The sustained bearish pressure in the past few days at the $0.00743 support value has made the crypto price remain below the supply trend levels in its recent low.
Commitment from the bulls now retraced the price of D2TUSD from the mentioned support to a $0.00784 high mark slightly below the two EMAs as the 4-hourly chart resumes today.
In theory, the new correction pattern is a sign of a gradual increase in buying pressure which might lead to a massive bullish upswing.
In addition to this, the daily signal indicates an uptrend; thus, a potential breakout will offer traders a long entry opportunity with a potential target of $0.1000 upper resistance value in the days ahead in its higher time perspective.
D2T /USD Medium-term Trend: Bullish (1H)
The long-term market value of Dash 2 Trade is moving in a bullish direction as can be seen from the chart below. The coin price now trades above the EMA-9 and confirms a bullish race. This is due to the high impact of the buy investors in coin market.
During yesterday’s session, the pair reached and held the $0.00849 resistance level. This has made it possible for the coin to remain in an uptrend in its recent high.
Despite the recent market sell-off on June 10th, the coin price managed to sustain above the supply trend line at the $0.00784 level as the 1-hourly chart opens today reflecting the strong accumulation level for buyers.
Hence, additional efforts by the coin buyers above the $0.00990 previous high value will prevent massive downfall and recuperate the bullish momentum.
Similarly, should the bulls add more strength to their buying motives in the market and close above the $0.00990 resistance value, the price of D2TUSD might further increases to a $0.1000 upper resistance level which could lead to additional gains for the buy investors in its medium –term outlook.
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