Dash 2 Trade Price Predictions for Today, August 18: D2TUSD Price Close to $0.01000 Upper Resistance Level, Buy Now!
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Dash 2 Trade Price Forecast: D2TUSD Price Close to $0.01000 Upper Resistance Level, Buy Now! (August 18)
The D2TUSD pair is rising and is on its way to new resistance trend levels. The coin price is close to the $0.01000 upper resistance level and has already increased significantly in the previous actions; obviously, the bears are clearly losing control. The crypto may likely hit the previous high at a $0.00678 high value provided the current support level at $0.00635 holds. Thus, a strong push from the current price at the $0.00649 supply value above the supply trend levels will put the cryptocurrency more in a bullish trend and this may further extend to the $0.01000 upper resistance level resulting in intraday gains for the buy traders.
Key Levels:
Resistance levels: $0.01000, $0.01100, $0.01200
Support levels: $0.00800, $0.00700, $0.00600
D2T (USD) Long-term Trend: Bullish (4H)
Despite the interference from sellers, the D2TUSD price still trades in the bullish trend market in its higher time frame. Price is trading above the supply trend lines again. This however confirms the presence of more bulls’ impact on the coin.
The sustained bullish pressure pushed the currency pair up to a $0.00646 high level during yesterday’s session and sustained it till its recent high.
The buying crew continues the journey up north to the $0.00649 high mark as the 4-hourly session resumes today. The price bars are above the moving average lines; this indicates and shows the high impacts of the long traders on the cryptocurrency, thus a turnaround and more intraday gains for the coin buyers.
However, if the buy traders successfully keep the Dash 2 Trade prices above the $0.00670 resistance value, a retest of the previous high at the $0.00678 level is possible which may further extend the coin price to the $0.01000 upper high level in the coming days in its higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H)
D2TUSD can be seen progressing forward above the supply trend levels in its medium-term perspective. Buyers are having the market at their disposal at the moment. The bulls’ pressure on the crypto in the past few hours has sustained its bullishness in its recent high.
Today, the long traders caused a rise to a $0.00649 high level above the moving averages close to the upper resistance level as the 1-hourly chat resumes. From the look of things, it seems it will keep growing.
However, a break above the $0.00680 previous supply mark will put further selling pressure into hibernation.
In addition to this, the Dash 2 Trade price is pointing upward on the daily stochastic, indicating an upward move. We, therefore, expect a breakup of $0.00680 and growth of the price to upper resistance of $0.021000 value in the nearby days in its medium-term time frame.
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— Dash 2 Trade (@dash2_trade) August 8, 2023
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