Dash 2 Trade Price Prediction for Today, June 28: D2TUSD Price Ready to Reclaim $0.01056 Supply
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Dash 2 Trade Price Forecast: D2TUSD Price Ready to Reclaim $0.01056 Supply (June 28)
D2TUSD price is now at a possible buy opportunity. The crypto market has revitalized the sentiment of recovery, presenting buyers with a chance to regain lost ground and reclaim their positions.
The coin has been in a bullish rally in the previous action and from the look of it, it will keep growing. Hence, a further increase in the bulls’ action may trigger the coin price up and breakout and reclaim the previous high at $0.01056 supply, this may extend the price action to reach the $0.1000 upper resistance trend line and beyond.
Key Levels:
Resistance levels: $0.01400, $0.01500, $0.01600
Support levels: $0.00800, $0.00700, $0.00600
D2T (USD) Long-term Trend: Bullish (4H)
D2TUSD is in a bullish scenario as can be seen on the 4-hourly chart below. Sellers are in a panic as the prices remain above the moving averages, confirming an uptrend.
The sustained bullish pressure at the $0.00763 supply value during the past action has made it capable for the crypto to remain strong above the supply trend levels in its recent price level.
Just like usual the crypto’s price is going up as we can see from the 4-hourly chart. Buyers made a strong push up to the $0.00763 high mark above the EMA-9; this confirms a bullish strong breakout and a buy continuation.
If the Dash 2 Trade price breaks the $0.00983 supply, the coin price may plunge 2% to retest the breached resistance trend line as a potential resistance. This supply sentiment could replenish the bullish momentum and offer traders a buying opportunity.
Notably, a continuation of the upsides is likely as the price indicator projects an upward move.
This implies that the bullish trend will most probably continue and the pattern might reclaim the $0.01056 resistance trend line soon which could further extend to the $0.1000 upper high level in the days ahead as well as a potential buy signal in its long-term view.
D2T (USD) Medium-term Trend: Bullish (1H)
The D2TUSD pair displays a high momentum bullish rally in its medium-term outlook. The chart shows that the coin now trades and faces the upper resistance channel. This is another opportunity to buy Dash 2 Trade and a turnaround for the buy investors.
The coin made it to a high at the $0.00768 high mark during the previous session and sustained it. This made it capable for the coin to remain on the upside in its recent high.
The market price of Dash 2 Trade which increases to a $0.00763 high level above the supply trend lines suggests an improved bullish market sentiment. Thus, closing the 1-hourly session above $0.00851 will put the trade more on the buy side.
Meanwhile, buyers are seen clustered around the market as indicated by the momentum indicator pointing upwards, the means that buyers will still be in control of the D2TUSD price, and this bullish rally could lead the price to the $0.1000 resistance level in the nearby days in its medium-term view.
At Dash2Trade, we track smart money and stablecoin flow using on-chain analysis, and we share the results with our community. Additionally, we are creating a custom on-chain tool to gauge pre-sale momentum. All for the sake of giving our members actionable intelligence.
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— Dash 2 Trade (@dash2_trade) June 27, 2023
🚀 At #Dash2Trade, we're using on-chain analysis to track smart money and stablecoin flow, data which we present to our community. We are also building our own on-chain tool to measure pre-sale momentum. All in service of providing our members with actionable intel.
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