Dash 2 Trade Price Predictions for Today, August 15: D2TUSD Price Breaks Up above $0.00588 Price Level, Invest Now!
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Dash 2 Trade Price Forecast: D2TUSD Price Breaks Up Above $0.00588 Price Level, Invest Now! (August 15)
The Dash 2 Trade price at the moment is currently recovering and also maintains its bullish race. Crypto is showing positive signs above the $0.00588 price level. If the coin holders could prove stronger and the price shows sustainability above the $0.00616 previous high value, its upside moves could extend further to reach a $0.01000 high level and beyond, resulting in higher gains for the coin buyers.
Key Levels:
Resistance levels: $0.01000, $0.01100, $0.01200
Support levels: $0.00900, $0.00800, $0.00700
D2T (USD) Long-term Trend: Bullish (4H)
In the long-term time frame chart, the Dash 2 Trade price showed a smooth recovery under the influence of a rising trend line. Prices are traded above the supply trend levels which have confirmed its bullish trend.
The bullish pressure on the crypto to a $0.00586 high value in the previous session has enabled the coin price to remain strong above the supply trend lines in its recent high.
The momentum continues today as the long traders made a corrective move to a high at the $0.00594 mark above the two EMAs as the 4-hourly chart opens today. This shows the high impact of the buy investors on the Dash 2 Trade market; likewise, the downside risk remained uncertain.
However, if the major uptick sustains above the $0.00616 previous swing high, the bullish thesis will remain aggressive.
Additionally, the D2TUSD price now points up on the daily stochastic, this suggests that the buying pressure has just begun. Thus, this forthcoming development may drive the crypto price to test the previous high at the $0.00616 level and extend to the $0.01000 upper resistance trend line in the days ahead in its higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H)
Here, in the medium-term time frame, the D2TUSD pair is losing a bearish momentum, as can be seen from the chart below that the price is trading in an ascending channel. 
The coin price can now be seen progressing upward above the resistance level. This shows that buyers are currently gaining more strength in the market.
The current correction value at the $0.00594 supply point above the moving averages as the 1-hourly session opens today suggests an attempt by the buying team to trigger the bullish momentum for higher gains.
In case the buy traders respond to the shift in trend, the previous high at the $0.00616 value would be tested soon to invalidate any minor downtick.
In a like manner, further upside is likely as the buying team can be seen clustering around the coin market, this means that the D2TUSD price will continue in an uptrend and this may likely hit the $0.01000 supply mark and beyond in its medium-term time frame.
Market stagnation prompts concerns about the recent bull market. Holdings of stablecoin by Smart Money are stable at 11.7%, the lowest level in years. The August 12th application deadline for the Blackrock Spot Bitcoin ETF will likely act as a stimulus.
🔍 Smart Money Insights 🚀
— Dash 2 Trade (@dash2_trade) August 10, 2023
Stagnant market raises questions about the new bull market. Smart Money Stablecoin holdings remain steady at 11.7%, lowest in years. An upcoming catalyst is the Blackrock Spot Bitcoin ETF application deadline on August 12th.
⚖️ Regulatory Watch ⚖️… pic.twitter.com/BD3Ju7iHxB
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