Dash 2 Trade Price Prediction for Today, May 23: D2TUSD Price Breakout and Bullish Continuation
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Dash 2 Trade Price Forecast: D2TUSD Price Breakout and Bullish Continuation (May 23)
D2TUSD is actually making positive moves and looks promising at the $0.01068 resistance value. The coin which is currently trading in a strong bullish market might possibly increase further, if the bulls could push the price high and the market price sustains above the $0.01743 high mark, the potential rally could surge above the $0.01800 higher level to hit $0.1000 upper resistance value and beyond.
Key Levels:
Resistance levels: $0.01700, $0.01800, $0.01900
Support levels: $0.01200, $0.01100, $0.01000
D2T (USD) Long-term Trend: Bullish (4H)
Dash 2 Trade pair is in a positive movement today. The price is strongly trading in a bullish momentum in its higher time frame. This looks nice for the buying trader and signifies a buy signal.
The coin has been having a series of higher highs and higher lows which has made it capable for the price to remain stronger in an upward trend in its recent high.
The coin price breakout at the $0.01068 resistance value above the EMA-9 as the 4-hourly chart opens today indicates the high buying impact from the bulls resulting in intraday gains.
Hence, staying above the resistance trend lines indicates a strong possibility for a bullish correction. A break above the $0.01743 value would intensify the buying pressure on the crypto.
Next, is the fact that the D2TUSDmarket is pointing upwards on the daily stochastic, this will draw more buy traders to the market for a bullish continuation pattern, if that occurs the price could further climb toward a $0.1000 upper high level and this will add to the bullish race in the future in its long-term outlook.
D2T (USD) Medium-term Trend: Bullish (1H)
In the medium-term time frame, prices of D2TUSD are above the moving averages and have confirmed a bullish momentum breaking the previous high. The pair is in a smooth uptrend as can be seen from the chart below.
The previous action by the bulls at the $0.01040 high level during yesterday’s session has really sustained the coin price to remain above the trend line in its recent high.
The coin price rises significantly above the resistance trend lines at the $0.01068 level as the 1-hourly chart begins today. This is due to a high bullish impact on the market price.
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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