Dash 2 Trade Price Predictions for Today, August 17: D2TUSD Bullish Pattern May Plunge Prices to a $0.01000 High Mark, Purchase Now!
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Dash 2 Trade Price Forecast: D2TUSD Bullish Pattern May Plunge Prices to a $0.01000 High Mark, Purchase Now! (August 17)
The Dash 2 Trade (D2TUSD) price is likely to grow further and is an opportunity for long investors. The bullish pattern may likely plunge the coin price to a $0.01000 high mark as the market price remains above the $0.00626 resistance level. If the current support at $0.00584 value holds, and the daily chart closes above the $0.00636 resistance level, then there is a high probability of the price going up to its recent swing high, which is the $0.00670 resistance trend line. This might plunge the crypto prices to a $0.01000 upper resistance level, leading to higher profits for the coin holders.
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)
Price action on the long-term outlook seems to be rising upward without losing control despite the market uncertainties. The price of D2TUSD is strongly trading above the supply trend levels at the upper resistance area of the market.
The bulls’ pressure on the currency pair in the past few hours has made it possible for the price to remain in an upward trend zone in its recent high.
Today, the price is making higher highs and higher lows. As an outcome of low bearish momentum, buyers are hindering the market from smashing through the support zones.
The coin price at a $0.00636 resistance value is undeniably bullish as the 4-hourly session opens today. Thus, the coin price will grow further if the buy traders could add more pressure to their buying actions in the market.
Should the buying team add more pressure and trigger a breakout above the $0.00670 resistance level, a breakout above this barrier, with a 4-hour candle closing could signify a shift in the market dynamics.
Such a breakthrough would provide an opportunity for buyers to regain control and potentially drive the price toward the $0.01000 mark.
Having said that, the daily signal indicates an upward direction, if the bullish momentum persists, a breakout above this combined resistance with candle closing could plunge the price of Dash 2 Trade to the $0.01000 upper resistance level soon which would result in a strong buy signal for interested traders.
D2T (USD) Medium-term Trend: Bullish (1H)
In the medium-term time frame chart, the Dash 2 Trade price showed a smooth recovery under the influence of a rising trend line. The coin prices are also strongly traded above the supply trend lines, confirming a bullish trend.
The bulls have sustained the crypto market at the $0.00645 supply value in the previous action, this has made it possible for the coin to stay above the trend line and remain stronger at the moment.
The momentum remains in an uptrend despite the push from the short traders, the buying team made a touch at the $0.00636 high mark above the two EMAs as the 1-hourly chart resumes today. This trend pattern proves the impact of bullishness on crypto.
Thus, buyers must redouble their efforts to forecast a bullish increase in the market above the $0.00670 previous peak mark.
Notably, the daily stochastic remains in an upward direction, therefore, if the long traders could push harder and sustain the coin price above the $0.00670 previous high, the resulting rally may surpass the previous high and drive the price of D2TUSD to the $0.01000 psychological level at the upside in the days ahead in its medium-term perspective.
If you’re still here toiling away despite another week of ineffective activity, you’re on the road to beating the Bull. This week, Smart Money made a unique move: its stablecoin holdings decreased marginally. Just yesterday, it dropped to 11.7%, maybe as a result of a transaction made with Smart Money that we’ll go into later.
🔍 Smart Money Insights 🚀
— Dash 2 Trade (@dash2_trade) August 15, 2023
📊 Another week of sideways action, but if you're still here grinding, you're on the path to conquer the Bull. Smart Money's stablecoin holdings dipped slightly this week, a rare move. Just yesterday, it fell to 11.7%, possibly linked to a Smart Money… pic.twitter.com/Pnw0ecl1lj
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