Dash 2 Trade Price Prediction for Today, November 16: D2TUSD Still a Good Investment at $0.00492 High Level
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Dash 2 Trade Price Forecast: D2TUSD Still a Good Investment at $0.00492 High Level (November 16)
Dash 2 Trade is on the positive side today and still remains a good investment for long traders at the $0.00492 high level. If the bulls can step up their buying pressure and the coin price could sustain above the pattern supply trend line at the $0.00553 level, the coin price may trigger up to the overhead resistance mark at the $0.01000 level, thus a clear buy signal for the buy investors.
Key Levels:
Resistance levels: $0.00800, $0.00900, $0.01000
Support levels: $0.00500, $0.00400, $0.00300
D2T (USD) Long-term Trend: Bullish (4H)
From the chart below, we can be assured that the D2TUSD pair is in a bullish move in its long-term view. The coin is trading slightly above the two moving averages which suggests an upward trend. This breakout triggers a smooth bull cycle pattern, which in theory, should lead the prices to an overhead trend line.
The sustained bullish pressure in the past few hours at the $0.00487 supply value has made the crypto price remain above the supply trend levels in its recent high price.
The bulls’ control over the market is confirmed by today’s 4-hour bullish candle, which opens at $0.00487 and rises to a $0.00492 supply mark above the moving averages.
Thus, a break above the immediate but crucial resistance at the $0.00553 mark is crucial for the continuation of the uptrend which points towards the $0.01000 upper resistance level.
Additionally, the price of Dash 2 Trade shows an upward momentum on the daily signal, suggesting that the pair will keep rising and may soon reach the $0.0100 upper resistance trend mark in its long-term outlook.
D2T (USD) Medium-term Trend: Bullish (1H)
The cryptocurrency is also trading in a bullish market zone in the medium-term time frame. The price of D2TUSD can be seen above the moving averages. This shows that buyers are currently gaining more strength in the market.
The sustained bullish pressure pushed the currency pair up to the $0.00487 supply level during the past session and sustained it. This has made it possible for the coin to remain firm in an uptrend in its recent price level.
The market value of Dash 2 Trade emerged from its shell and rose to a $0.00487 high mark above the two moving averages as the 1-hour chart resumed today, following a series of ranging movements by the bulls. As a result, if the bulls increase their tension in the market, the price tendency will rise above the key levels.
In addition to that, if the coin buyers manage to break above the $0.00520 previous supply trend line, the market participants may witness a new recovery rally and this may likely reach the $0.01000 upper high mark soon in its medium time frame. Hence, buyers may take a position as desired.
Dash 2 Trade Development Update: Improved multiple events page, new social metrics indicator, work on PNL computation, additional coin classes added, grid bot, and LP work.
Dash 2 Trade Development Update:
— Dash 2 Trade (@dash2_trade) November 15, 2023
15.11.2023
New indicator for social metrics, work on PNL calculation, added more coin classes, multiple events page improvements, work on grid botand LP.
-Created new ingestor to track whale wallets on social metrics.
-Work in progress on PNL… pic.twitter.com/LBWaFhnqBz
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