Dash 2 Trade Price Prediction for Today, September 26: D2TUSD Price to Break Up at $0.00709 Level
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Dash 2 Trade Price Forecast: D2TUSD Price to Break Up at $0.007097 Level (September 26)
The D2TUSD pair has just rebounded and is on its way to new resistance trend levels. The price may possibly resume an uptrend to break up the $0.00709 supply level soon. A decisive break below the $0.00563 level would bring more losses to the coin. However, a daily candlestick above the mentioned supply level would invalidate any bearish theory. Therefore, if buyers can put more effort into their tension in the market, a shift in the trend upward will be achieved.
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)
D2TUSD indicates a downward trend with a bearish sentiment in its long-term perspective. The coin is trading below the EMAs. However, the current trend will soon be nullified as the market has just resumed its bullish waves but has not yet reached its goal.
The market has been slowed down due to the interaction from the bears to the $0.00581 in the previous action. The coin is recovering from the recent correction as fresh buying emerges near the supply level following the upward race. The Dash 2 Trade market has completed its downward correction and is now set for an upswing.
The buy traders made a pullback at the $0.00592 resistance level slightly below the EMAs shortly after the 4-hour chart opens today. This indicates that buyers are actively buying the coin at this time.
Thus, an increase in buying and a break above the $0.00709 previous high would intensify the buying pressure on the crypto.
Notably, the market price of D2TUSD is pointing up in the oversold region; this means that the momentum in the coin price will likely remain and continue in an upward move. We can now expect the next jump by the bulls to break up the $0.00709 price level to reach a $0.01000 upper resistance level in the days ahead in its higher time forecast.
D2T (USD) Medium-term Trend: Bearish (1H)
The momentum on the medium-term outlook looks bearish but it is starting to turn bullish as can be seen from the chart now. The price of Dash 2 Trade is currently trading at the resistance close to the EMA-9. So it seems likely that the bulls are about to take over and push us higher.
Despite the market uncertainties and the interference from the short traders, the bulls caused a rise to a $0.00592 high level below the EMAs shortly after the commencement of the 1-hour chart opens today. Thus, buyers need to add more pressure to their activities to move the market beyond the current price level.
Additionally, the market price of Dash2 Trade remains in the oversold region indicating the end of the selling pressure is now. This will compel the long traders to emerge fully and push the coin market price up to a significant level; as a result, the upcoming bullish wave could break up the $0.00632 followed by a $0.00709 high level which might further lead the crypto price to the $0.01000 upper high level in the days ahead in its medium-term time frame.
Learn what to watch for and gain a shrewd perspective on the price action of your favorite cryptocurrency to help you place more profitable trades.
Why pump? ❓
— Dash 2 Trade (@dash2_trade) September 21, 2023
Well, because of supply and demand of course 😉
However, there’s a lot more going on behind the scenes.
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