Dash 2 Trade Price Prediction for Today, October 25: D2TUSD Price to Break Up the Resistance Level of $0.00590

Dash 2 Trade Price Forecast: D2TUSD Price to Break Up the Resistance Level of $0.00590 (October 25)
The D2TUSD pair is rising and is on its way to new resistance trend levels. The coin is possibly making its way up and this may break up the resistance level of $0.00590 to signal a pump. Thus, a strong push from the current price at the $0.00394 supply value above the supply trend levels will put the coin in a bullish trend and this may further extend to the $0.1000 upper resistance level resulting in intraday gains for the buy traders.

Key Levels:
Resistance levels: $0.00800, $0.00900, $0.01000
Support levels: $0.00500, $0.00400, $0.00300

D2T (USD) Long-term Trend: Bearish (4H)
Dash 2 Trade is bearish in its higher time outlook. The price responded to the shift in the market structure and is currently trading below the moving average line.

However, the current trend will soon be nullified as the market has now resumed its bullish race and this may break the resistance trend levels soon.

The crypto price has been below the supply trend levels since its most recent low due to the persistent bearish pressure over the last few days. The coin is recovering from the recent correction as fresh buying emerges near the supply level following the upward race.

The D2TUSD has completed its correction and is now set for an upswing. The bulls have decided to shift the trend up after a series of lows shortly after today’s 4-hour chart opens.

The buy traders pushed the coin market price up to the $0.000394 resistance value slightly below the two EMAs shortly after the 4-hour chart opened today. Given the current trend, buyers are able to purchase the item at a lower cost and push the market higher.

Thus, a sharp breakout and closure above the current correction phase at a $0.00394 high value will invalidate any bearish thesis, and then there is a high probability of the price going up to its recent swing high, which is $0.00509 level to wade off the bearish shackles and focus on the ultimate breakout to the $0.1000 upper resistance level and beyond.

D2T (USD) Medium-term Trend: Bullish (1H)
The momentum on the medium-term outlook is starting to turn bullish as can be seen from the chart below. The price of D2TUSD is currently trading at the resistance slightly above the EMA-9. So it seems likely that the bulls are about to take over and push us higher.

The sustained bullish pressure at the $0.00391 supply level in the previous action has made it possible for the coin to remain in an uptrend at its recent high.

The price action at the $0.00394 supply level above the EMA-9 shortly after the opening of the 1-hour chart indicates a high buying level from the bulls. Thus, staying above the moving average will make it possible for the crypto to rise further.

Thus, if the current pattern follows through, buyers may likely break up the $0.00479 resistance neckline. This breakout would be a better signal of a bullish recovery and may push the prices to the $0.00509 level.

In continuation, the market is pointing up in the oversold region indicating a buy potential. This will now compel the long traders to emerge and push the market price of Dash 2 Trade up to a significant level of $0.1000 upper high level in the days ahead in its medium-term time frame.

Dash 2 Trade Development Update: Improved landing page, updated social metrics and guides, upgraded auto-trader backend, and updates to data ingestion, logging, and monitoring.

Dash 2 Trade Development Update:
24.10.2023

Updated guides and social metrics, improved landing page, enhanced backend for the auto-trader, and updates to logging, monitoring, and exchange data ingestion.

-Updated guides page in the app
-Updated social metrics ingestion… pic.twitter.com/BqgUxmp2DC

— Dash 2 Trade (@dash2_trade) October 24, 2023

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