Dash 2 Trade Price Prediction for Today, September 7: D2TUSD Price Might Experience another Bullish Reversal Soon

Dash 2 Trade Price Forecast: D2TUSD Price Might Experience Another Bullish Reversal Soon (September 7)

The D2TUSD price might experience another bullish reversal soon. The coin price may likely reverse in a bullish direction and soon be prepared for another probable upward surge. The retracement from the current low at $0.00250 could see the Dash 2 Trade price retest the previous high of $0.00300 and even further if buyers can demonstrate their strength and trade hands with sellers at the current support level of $0.00250. Thus, a bullish breakout past the $0.00300 resistance barrier may set eyes on the next resistance level at $0.01000, before attempting another rally.

Key Levels:
Resistance levels: $0.00300, $0.00400, $0.00500
Support levels: $0.00200, $0.00150, $0.00100

D2T (USD) Long-term Trend: Bearish (4H)

Dash 2 Trade market is having a bearish posture in its long-term outlook from the chart below, due to the inflow from the sell traders.

The sustained pressure from the bears at the $0.00251 support level in the past few days has contributed to its bearishness in its recent low. However, there is about to be a turnaround for the D2TUSD buy traders as the crypto might experience a bullish reversal soon.

At press time, however, the bears had dropped to a $0.00250 support level below the moving averages. Given the current trend, buyers can purchase the item at a lower cost and push the market higher. Thus, the price tendency will climb over the crucial levels if the bulls can raise their level of market tension.

Further, Dash 2 Trade might experience a bullish reversal and face the upsides as the market is now trading around the 2% range of the daily stochastic, suggesting that the selling pressure will end soon.

This will compel the bulls to resume an uptrend and may likely break up the $0.00300 supply level soon and further extend to the $0.01000 upper resistance level, leading to a potential upward movement in its higher time frame.

D2T (USD) Short-term Trend: Bearish (1H)

The currency pair is trading below the moving averages, an indication of a bearish market sentiment in its lower time frame.

Actions from the short traders at a $0.00251 low value during yesterday’s session have dropped the Dash 2 Trade price beneath the supply trend lines in recent times. Thus the D2TUSD price might experience a bullish reversal soon as the market is already oversold.

The coin plummeted beneath the supply level at the $0.00250 support level as the 1-hourly chart resumes today. Nevertheless, today’s price drop has still not stalled the bull run. Traders might seize this opportunity to invest in the coin at a lower rate for more gains in the future.

Thus, if buyers eventually wrestle trend control from sellers and rebound from $0.00250 support, a positive breakout above the current support is needed to confirm the potential Bull Run.

Hence, the D2TUSD price may likely reverse in an upward direction as the market is oversold, suggesting that further selling pressure is not certain.

We can expect the coin price to turn positive and retest the $0.00263 supply level which might increase to a $0.00100 upper supply level in the coming days in its lower time frame.

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