Dash 2 Trade Price Predictions for Today, August 12: D2TUSD Remains Open for Bullish Expansion, Purchase Now!
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Dash 2 Trade Price Forecast: D2TUSD Remains Open for Bullish Expansion, Purchase Now! (August 12)
D2TUSD holds a recovery opportunity with a bullish reversal pattern. There is an opportunity to buy the coin as the price is going up at the moment. However, the price will move higher above the current resistance level at $0.00569 if buyers should exert more force into the price action in the market, $0.00650 high trend line might be retested soon, which could expose the market price to a $0.1000 upper high mark. Hence, a great opportunity and a clear buy signal for long investors.
Key Levels:
Resistance levels: $0.00950, $0.01050, $0.01100
Support levels: $0.00700, $0.00600, $0.00500
D2T (USD) Long-term Trend: Bullish (4H Chart)
D2TUSD is in a bullish trend market in its long-term view. Prices are seen trading above the EMA-9 approaching the overhead resistance. It seems that the bulls are about to take over and push us higher. There are multiple possible targets at this point, but either way, the pair looks quite bullish here.
The bulls’ pressure on the coin to a $0.00566 resistance level in the previous action has made it possible for it to retain its upward growth in recent times.
An increase to a $0.00569 high level above the EMA-9 approaching the overhead resistance on the long-term chart today indicates that the buying traders are actively buying for bullish expansion at this level.
Thus, a possible breakout from the mentioned supply will accelerate the buying momentum and push the prices of Dash 2 Trade higher to hit the previous high at the $0.00650 level, bolstering buyers for a sustainable rally.
Notably, the market is pointing up on the daily stochastic; this means that the crypto is open for a bullish expansion, in light of this, the price of D2TUSD might hit the $0.1000 supply trend mark, thus registering a buy signal for the coin traders soon in its higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
The coin is also displaying a bullish posture in its medium-term outlook. This is due to the high inflow from the long traders. The sustained bullish pressure to a $0.00566 high level in the previous action has led to the coin’s recent high. 
The buying team has decided to shift the trend up after a series of sideway moves shortly after today’s 1-hourly chart opens. The current price at a $0.00569 high level suggests the returns of the buying traders in the market. The market participants are responding to this pattern, and its breakout should offer a good buy entry opportunity.
Hence, the pair pointing up on the daily stochastic means that the buying pressure may continue, and suggests a possible bullish expansion which may lead the price of Dash 2 Trade to a $0.1000 supply level soon in the medium-term time frame.
The Dash 2 Trade community on Discord and Twitter is bullish for the next month. Let's check back in 20 days how everyone did. 🐂 >🐻 https://t.co/QIIuiKk9LV pic.twitter.com/62vJFvqgQn
— Dash 2 Trade (@dash2_trade) August 11, 2023
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