Dash 2 Trade Price Prediction for Today, October 11: D2TUSD Threatens for the Next Jump
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Dash 2 Trade Price Forecast: D2TUSD Threatens for the Next Jump (October 11)
D2TUSD may reclaim another crucial supply level soon as it threatens the next jump, trying to rebalance. The cryptocurrency is trying hard not to fall heavily to the downside while facing the upper resistance will reach a high level of $0.01000 as the market struggles to rise against the recent sell-off in the broader market.
Key Levels:
Resistance levels: $0.00250, $0.00260, $0.00270
Support levels: $0.00200, $0.00190, $0.00180
D2T (USD) Long-term Trend: Bearish (4H)
In the long term, the Dash 2 Trade pair displays a bearish outlook trend. The price hovers below the supply levels, indicating a bearish momentum, due to the high inflow of the sell traders. However, there is about to be a turnaround for the D2TUSD buy traders as the pair resumes its new correction move, threatening the next jump.
The sudden wave by the bears to a $0.00250 support value in the past few days also contributed to the coin’s bearishness in its recent price level.
The D2TUSD price rebounded from the $0.00250 support value. It pushed higher to the $0.00256 supply level below the two EMAs as the 4-hourly chart opens today, indicating a genuine reversal that may attempt the $0.00400 crucial supply breakout.
In light of this, a bullish impact towards the higher side is likely indicated by the daily stochastic pointing upward. The bulls could therefore aim at the psychological $0.01000 resistance value in the days ahead, as the Dash 2 Trade pair set to reclaim new supply levels in its long-term perspective
D2T (USD) Medium-term Trend: Bullish (1H)
The currency pair showed a bullish outlook as the price action headed towards the overhead resistance in its medium-term outlook, due to the high influence from the buy traders.
D2TUSD may make its way up after completing the ranging movements to overcome support and signal a pump-up. It looks like the price will want to bounce up again in the medium term.
The market price of Dash 2 Trade which increases to a $0.00256 high level above the EMA-9 as the 1-hourly session opens today, suggests the return of the bulls to the market and an improved bullish market sentiment.
As anticipation builds for an upcoming upgrade, the Dash 2 Trade momentum may increase to a $0.00268 resistance value, regaining the bullish strength and resulting in an intraday gain for buyers.
Next, the D2TUSD price may see another bullish wave if the bulls can speed up their buying speed. The $0.01000 upper resistance level might be the next target in its medium-term time frame.
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