Dash 2 Trade Price Prediction for Today, September 11: D2TUSD Price Retracement May Surge above $0.01197 Resistance Level
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Dash 2 Trade Price Forecast: D2TUSD Price Retracement May Surge above $0.01197 Resistance Level (September 11)
D2TUSD is actually increasing making steady positive moves towards the major resistance area after updating lows. If the coin price makes a retest at a $0.01197 high mark, then the price retracement may surge above the $0.01197 previous swing high trend line and beyond, which would attract buyers to prevent further decline.
Key Levels:
Resistance levels: $0.01000, $0.01100, $0.01200
Support levels: $0.00800, $0.00700, $0.00600
D2T (USD) Long-term Trend: Bearish (4H)
Dash 2 Trade price is bearish in its long-term outlook. The price responded to the shift in the market structure and is currently trading below the moving averages. However, there is about to be a turnaround in the coin market as the crypto is presently facing resistance at the recent high.
The previous action at the $0.00650low value has really dropped the coin price below the supply trend levels in recent times.
Today, buyers stepped into this uncertainty and pushed the price of D2TUSD up to a $0.00683 high level below the two EMAs as a retracement as the 4-hour chart commences. This is an indication that the bulls are returning gradually for an increase in the coin price and to command the Dash 2 Trade’s price actions.
If the bullish momentum persists, a breakout above the high accumulation zone of $ 0.01197 level with a candle closing will signal a strong buy signal for interested traders.
Notably, more upsides are certain as the price indicator shows that the price of Dash 2 Trade is in an uptrend. It is expected that the coin price hit $0.1000 on the high side as soon as the market turns and remains bullish in its higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H)
The market value of D2TUSD in the medium time frame now trades in the bullish trend zone. This is a result of high turnover from the buy investors.
The strong push by the bulls to a $0.00650 supply trend level in the past action has contributed to its strong bullish trend in its recent high.
The market price of Dash 2 Trade which increases to a $0.00683 high level above the EMA-9 with its wick touching the EMA-50 as the 1-hour chart resumes today, suggests an improved bullish market sentiment. Thus, closing the 1-hour session above the $0.00709 level will put the trade more on the buy side.
Additionally, this sharp dive in the crypto’s price accentuates that the excess buying pressure has stabilized, and the coin price could rise further again if the market sentiment doesn’t witness any unfavorable situation. With this new phase, the prices of D2TUSD may likely reach a $0.10000 upper high level soon in its medium-term time frame.
In the erratic world of cryptocurrencies, another month has come and gone. As always, there are both highs and lows, successes and failures. Let’s examine what transpired in August and consider the contributions that the Bulls and Bears made in the arena. We begin as usual with the Bulls.
📆 End-of-month look-back 📆
— Dash 2 Trade (@dash2_trade) September 4, 2023
Another month has passed by in the volatile world of cryptocurrency. As usual, it's a mix of highs and lows, victories and setbacks. Let’s look at what happened in August and see what the Bulls and Bears brought to the arena. As usual, we start with… pic.twitter.com/tEdfgcX2S9
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