Dash 2 Trade Price Prediction for Today, November 15: D2TUSD Shows Stability as it approaches the $0.00550 Level
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Dash 2 Trade Price Forecast: D2TUSD Shows Stability as it approaches the $0.00550 Level (November 15)
D2TUSD price will keep rising based on the outlook. The crypto at the moment is currently recovering and shows stability as it approaches the upper resistance channel. After the downward correction is over, the crypto is likely to continue rising if the current support at $0.00472 holds and the daily chart closes above the $0.00542 resistance level. If this happens, there’s a good chance the price will rise to its most recent swing high, which is the resistance trend line at $0.00553 resulting in an intraday gain and a potential buy signal for the coin holders.
Key Levels:
Resistance levels: $0.01500, $0.01600, $0.01700
Support levels: $0.01200, $0.01100, $0.01000
D2T (USD) Long-term Trend: Bullish (4H)
The chart below shows that the D2TUSD pair is in a bullish market zone in its higher time frame. Right now, the price is rising and is trading above the EMA-9. This is an indication of an uptrend.
The bullish reversal at the $0.00485 high value in the previous action has sustained the crypto above the trend line in its recent high.
As a result of price rejection in the previous action, buyers have been able to push the price of Dash 2 Trade higher to a $0.00487 high level above the moving average lines as the 4-hour session opens today. More gains are possible if the bulls can put extra effort into the price action.
Thus, closing the 4-hourly session above the $0.00553 previous supply barrier will put the trade more on the buy side.
Notably, the upward-pointing momentum indicator then implies that the bullish trend will continue. In light of this, the price of D2TUSD might possibly retest the previous high of $0.00553 value which can further extend to the $0.01000 upper resistance value in the upcoming days in its long-term outlook.
D2T (USD) Medium-term Trend: Bullish (1H)
Analyzing the chart below, it is evident that the D2TUSD is in a strong bullish market zone. The price is currently approaching the main upper resistance area making higher highs and higher lows above the two EMAs.
The increase in the momentum by the bulls at the $0.00485 supply value during yesterday’s session has enabled the Dash 2 Trade price to stay strong above the resistance lines in its recent price level.
The market price of D2TUSD has just broken up the two EMAs at the $0.00487 supply level as the 1-hour chart opens today. This will give the crypto a high tendency to rise further.
Furthermore, the daily stochastic signals an uptrend, if the bulls could push harder and sustain the coin price above the $0.00520 previous high, the resulting rally may surpass the $0.00550 level and hit the $0.01000 psychological level at the upside in the day ahead in its medium-term perspective.
Is a historic ruling that will serve as the ultimate catalyst for the cryptocurrency bull run about to happen, or will there be another rejection that could scuttle recent price rallies as the deadline of November 17th approaches?
The SEC’s window to decide on the approval of 12 $BTC spot ETFs is closing, fast
— Dash 2 Trade (@dash2_trade) November 14, 2023
With the Nov 17th deadline looming, will we see a landmark decision, and with it, the ultimate crypto bull run catalyst, or yet another rejection that could derail recent price rallies?
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