Dash 2 Trade Price Predictions for Today, August 10: D2TUSD Price Potential for a Bullish Continuation, Purchase Now!
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
Dash 2 Trade Price Forecast: D2TUSD Price Potential for a Bullish Continuation, Purchase Now! (August 10)
D2TUSD has the potential for a bullish continuation as the coin trades above the supply trend levels. The nearest resistance of the crypto is between levels $0.00570 to $0.00572, whereas the most immediate resistance is found around the $0.00570 value. There is a higher probability of a price-breaking resistance zone if the buy traders can double their efforts.
Key Levels:
Resistance levels: $0.01000, $0.01100, $0.01200
Support levels: $0.00800, $0.00700, $0.00600
D2T (USD) Long-term Trend: Bullish (4H Chart)
D2TUSD remains bullish on the higher time frames. This is clear as we can see the prices trading above the EMA-9 moving towards the overhead resistance, indicating an uptrend.
The sustained bullish pressure at the $0.00560 high value in the previous action has made it capable for the crypto to remain stronger above the supply trend lines in its recent high.
The bulls’ action increases the price up to a $0.00750 high level even as the 4-hourly session opens today. This simply means that the buying traders are actually active at this level. Thus, a break above the $0.00667 price level would intensify the buying pressure on the crypto.
Next, is the fact that the market price of Dash 2 Trade is pointing upwards on the daily stochastic, this will draw more buy traders to the market for a bullish continuation pattern, if that occurs the price could further climb toward a $0.1000 upper high level and this will add to the bullish race in the future in its long-term outlook.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
The cryptocurrency is also trading in a bullish market zone in the lower time frame. The price of D2TUSD can be seen above the moving averages, making higher highs and higher lows.
The price of Dash 2 Trade can now be seen progressing upward above the moving averages. This shows that buyers are currently gaining more strength in the market.
The market price of D2TUSD which increases from $0.00564 to a $0.00570 high level above the moving averages suggests an uptrend in the context of the strength of the market. Thus, closing the 4-hourly session above the $0.00602 supply value will put the trade more on the buy side.
In addition, the coin is in an upward direction on the daily stochastic, more buyers’ participation is a prerequisite at the moment. We expect the coin price to reach the $0.1000 upper resistance value amid sustained buying pressure in the coming days in its medium time frame.
Our “End-of-month look-back” is now available! In the realm of cryptocurrency, 5 points are assigned to bulls and bears.
Our "End-of-month look-back" is out! Analyzing 5 points each for bulls and bears in the world of crypto.
— Dash 2 Trade (@dash2_trade) August 4, 2023
🐂Bulls:
– US Congress advances CryptoBill, providing regulatory clarity and market opportunities.
– Biggest inflow of funds since Q4 2021, signaling a potential bullish…
Want a coin that has a huge potential for massive returns? That coin is Dash 2 Trade. Buy D2T