Dash 2 Trade Price Predictions for Today, August 16: D2TUSD Price Rises above the Resistance Trend Levels, Chance for Higher Profits!
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Dash 2 Trade Price Forecast: D2TUSD Price Rises above the Resistance Trend Levels, Chance for Higher Profits! (August 16)
The D2TUSD pair at the moment is trying hard not to fall by resisting sellers, the coin price now rises above the resistance trend levels creating a chance for higher profits for the buying team. In case the bulls’ pressure breaks up the resistance level of $0.00637, the coin price may increase further to a $0.01000 high trend line which indeed will be a turnaround for the coin holders.
Key Levels:
Resistance levels: $0.01000, $0.01100, $0.01200
Support levels: $0.00700, $0.00600, $0.00500
D2T /USD Long-term Trend: Bullish (4H)
The momentum on the higher timeframe (4H) is bullish. This is clear as we can see the prices of Dash 2 Trade trading above the moving average lines indicating an uptrend.
Buyers were able to push the coin price up to a $0.00625 high value during yesterday’s session and have enhanced the price to stay in green above the resistance levels in its recent high.
Amid this rally, the buying crew gave a high momentum breakout to the $0.00627 supply value above the resistance trend levels as the 4-hourly chart opens today. Hence, staying above the resistance trend lines indicates a strong possibility for a bullish correction.
Thus, if the coin price shows sustainability above the $0.00637 previous peak value, then the chance for higher profits on the D2TUSD market is certain.
Having said that, the pair shows an upward continuation sentiment on the daily stochastic, should the long traders prove stronger and increase their buying pressure, the price of Dash 2 Trade may likely rise further to the hit the$0.01000 upper resistance level, indicating a chance for higher profits and a potential BUY in its higher time frame.
D2T /USD Medium-term Trend: Bullish (1H)
The Dash 2 Trade’s price is losing bearish momentum in its medium-term outlook as it rises above the $0.00625 resistance level. The currency pair’s orientation trades in a general bullish flow. 
The long-term traders sustained the crypto’s price to a $0.00625 high value during the previous action, this has enabled the coin price to remain above the resistance trend levels in recent times.
The price of D2TUSD is trending upwards at the $0.00627 supply value above the resistance levels as the hourly chart opens today, this however reflects a high uptrend momentum.
Hence, maintaining above the moving averages will actually allow the coin to rise higher, resulting in an intraday gain for the coin buyers. Thus, a break above the $0.00637 previous supply mark will put further selling pressure into hibernation.
Notably, there is a possibility of a further increase in the price of Dash 2 Trade as shown by the daily stochastic pointing upwards, therefore, if the buy traders should increase their price actions and all the current support level holds, a psychologically key level at the $0.01000 upper resistance level might be reached soon, resulting into higher profits in its medium-term time frame.
The Dash 2 Trade community is optimistic for the coming month on Twitter and Discord. In 20 days, let’s see how everyone did.
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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