Dash 2 Trade Price Predictions for Today, August 16: D2TUSD Changes Direction to the Upsides
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Dash 2 Trade Price Forecast: D2TUSD Changes Direction to the Upsides (August 16)
The Dash 2 Trade market paints a different picture today than yesterday. The coin market changes direction to the upside and also remains strengthened above the supply levels. The crypto is showing positive signs above the $0.00257 supply value. If the coin holders could increase their positive interest and the price shows sustainability above the $0.00300 previous high point, its upside moves could extend further to reach the $0.01000 upper resistance level and beyond, resulting in an intraday gain and a potential buy signal for the investors.
Key Levels:
Resistance levels: $0.00500, $0.00600, $0.00700
Support levels: $0.00200, $0.00150, $0.00100
D2T (USD) Long-term Trend: Bullish (4H)
D2TUSD turns positive today again, as the crypto changes direction to the upsides again as can be seen from the chart below. The coin market remains bullish and trades above the supply levels, confirming a bullish race.
The persistent bullish pressure on the currency pair at a $0.00257 high level during the last session has made it easier for the coin to remain firm in an uptrend in its recent high.
At the press time today, the long traders swept the bearish momentum under the rug by pushing the price of Dash 2 Trade to an intra-day high of $0.00258 value above the supply levels, indicating that buyers remain dominant and have the market price at their disposal at the moment.
Further, an increase in the buying pressure might lead the price of D2TUSD to touch the previous $0.00300 high mark, obtaining a higher footing to rise higher.
Additionally, the price of D2TUSD is pointing up on the daily signal; hence, buyers could therefore aim at the psychological level of $0.01000 resistance value in the days ahead as the crypto changes direction to the upsides and remains firm above the supply trend levels in its long-term perspective.
D2T (USD) Medium-term Trend: Bullish (1H)
Dash 2 Trade pair exhibits a bullish market in its medium-term perspective. The coin prices are seen trading above the resistance levels, suggesting the bulls are dominating.
The bullish impact on the crypto to a $0.00257 supply level during the previous action has sustained its firmness above the supply levels in its recent trend levels.
Buyers initiate an aggressive move to a $0.00258 resistance value above the two moving averages as the 1-hour chart resumes today with an intraday gain. The longer the price stays above the mentioned supply level, the more pressure builds up to reach a key significant level at the upside.
Next, the D2TUSD price is also pointing upwards, suggesting that the coin price may likely continue upward and head toward the $0.01000 supply trend line in the days ahead in its higher time frame.
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