Dash 2 Trade Price Prediction for Today, September 20: D2TUSD Price Will Play Out of Bearish Runs Soon
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Dash 2 Trade Price Forecast: D2TUSD Price Will Play Out of Bearish Runs Soon (September 20)
There is a possibility for the Dash 2 Trade pair to play out of the bearish runs to face the positive side as usual. The crypto could experience another bullish reversal price action and the price could be ready very soon for another upward move potential. Therefore; if buyers should accelerate their price actions in the market and the current support level at $0.00576 holds, the coin price may possibly retest the $0.00916 previous swing high and this may extend to the $0.001000 upper high mark and beyond.
Key Levels:
Resistance levels: $0.00900, $0.01000, $0.01100
Support levels: $0.00700, $0.00600, $0.00500
D2T (USD) Long-term Trend: Bearish (4H)
Due to low volume from the bulls, the D2TUSD pair is in a bearish trend on the 4-hourly chart. The price drop to the $0.00597 low value during the previous action has made the coin price trade below the supply levels in recent times. This will soon be invalidated as the selling pressure seems to be exhausted.
The Dash 2 Trade pair has reached the $0.00628 resistance mark as the 4-hourly chart opens today after which the intervention from the bears now dropped the coin price to a low at $0.00576 level. However, with this trend, traders may buy the coin at a low price and move the market higher.
Meanwhile, there is a possibility of a price reversal at the mentioned support level as the Dash 2 Trade market is now below 20% in the oversold region of the daily stochastic. This means that the selling momentum will end soon and the time to gain more strength by buyers is near.
The next bullish correction phase could reach a high at the $0.400 upper supply mark in the days ahead as we watch the Dash 2 Trade market turn bullish sooner in its long-term outlook. Therefore traders should get ready for a time to buy the coin as the market turns to a bullish scene very soon.
D2T (USD) Medium-term Trend: Bearish (1H)
The D2TUSD pair is in a bearish movement zone in its medium-term outlook. This is due to the inflow from sellers. The price drop to the $0.00597 low value during the previous action has made the coin price trade below the supply levels in its recent low.
Today, the bulls are trying hard to remain above the $0.00626 supply mark, so there is a possibility for the coin price to pull back at the current support of $0.00576 to invalidate the bearish theory.
However, long traders can join the market or invest in the crypto with the current trend and buy at a lower rate for more gains in the future. This will reflect an increase in the trend momentum.
Adding to that, should the coin price turn up from the $0.00576 support and jump above the $0.00626 previous high mark, the bearish thesis would get invalidated. It may further extend the price of D2TUSD to the $0.01000 upper resistance level in the days ahead in its medium-term time frame.
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