Dash 2 Trade Price Prediction for Today, September 3: D2TUSD Suggests a Potential Bullish Reversal
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Dash 2 Trade Price Forecast: D2TUSD Suggests a Potential Bullish Reversal (September 3)
Today, D2TUSD suggests a potential bullish reversal as it remains in a bullish trend. The selling pressure may end soon, and the coin price could be ready to rebalance and maintain a positive position on the upside. From the look of things, a positive breakout confirmation reflecting the increased market sentiment will occur if the bulls go higher and close above the $0.00300 line. Doing so will offer a higher footing for buyers to prolong this recovery, reaching the $0.01000 upper resistance level, offering a good entry point for the coin investors.
Key Levels:
Resistance levels: $0.00450, $0.00500, $0.00550
Support levels: $0.00200, $0.00150, $0.00100
D2T (USD) Long-term Trend: Bullish (4H)
D2TUSD is in a bullish posture in its long-term view. The price is above the EMA-50, indicating a bullish momentum and the high impact of buyers in the market.
The sustained bullish pressure in the past few hours has made the cryptocurrency price maintain its strength above the supply levels at its recent price level.
Meanwhile, the current price of Dash 2 Trade at a $0.00259 low value above the supply trend lines has not stale the market condition of the coin as it remains intact. Further, investors may seize the opportunity now and buy the token at a lower price, and look for more gains ahead.
Hence, to forecast a bullish increase in the market above the $0.00268 supply level, buyers must step up their efforts.
Further, staying above the supply levels will give the D2TUSD pair the tendency to experience a potential upside reversal at the $0.00259 current support level.
As a result, the crypto price might turn positive and hit the $0.01000 upper high mark soon, attracting more investors to the crypto market in its long-term perspective.
D2T (USD) Medium-term Trend: Bullish (1H)
The Dash 2 Trade pair remains in a bullish trend market in the medium-term outlook. This is due to the high impact of long-term traders on the price flow.
At the press time, the Dash 2 Trade price hovers at the$0.00259 support level above the moving average 50, indicating an uptrend.
The bulls are battling the resistance at the $0.00263 supply level. Thus, if the coin price closes above this level, it would be a turnaround for D2TUSD buy traders.
Notably, the pair is at the oversold region of the daily stochastic, suggesting a possibility of a potential bullish reversal at the $0.00259 support level.
This will compel the emergence of buyers in the oversold region of the market. In light of this, the price of Dash 2 Trade could turn positive to hit the $0.01000 upper resistance value soon in its medium-term perspective.
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