Dash 2 Trade Price Predictions for Today, August 2: D2TUSD Still a Good Buy at $0.00545 Resistance Level
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Dash 2 Trade Price Forecast: D2TUSD Still a Good Buy at $0.00545 Resistance Level (August 2)
Dash 2 Trade is on the positive side today. This chart setup is considered a bullish continuation pattern indicating an optimistic approach for August. If the bulls could push up and the coin price sustains above the pattern supply trend line at the $0.00735 level, the coin price may trigger up to the overhead resistance mark at the $0.02000 level, thus a clear buy signal and, a great opportunity for the long investors.
Key Levels:
Resistance levels: $0.00950, $0.01000, $0.01100
Support levels: $0.00700, $0.00600, $0.00500
D2T (USD) Long-term Trend: Bullish (4H Chart)
D2TUSD is at the moment trading in the bullish trend market in the long-term outlook. The price currently trades above the two EMAs. This breakout triggers a smooth bull cycle pattern, which in theory, should lead the prices to an overhead trend line.
During yesterday’s session, the pair reached and held the $0.00535 resistance level. This has made it possible for the coin to remain in an uptrend in its recent high.
Today’s 4-hour bullish candle at $0.00532 which further rises to a $0.00545 supply mark above the EMA-9 confirms the bulls’ dominance in the market. However, there are bullish signals above the level of $0.00538 which indicates a possible further increase in the market value.
Further, the D2TUSD price indicates an upward momentum on the daily signal, this indicates that the pair will continue to increase to the upsides and this may get to the $0.02000 upper resistance trend mark soon in its long-term outlook.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
The coin is also displaying a bullish posture in its medium-term outlook. This is due to the high inflow from the long traders.
The increase in the momentum by the bulls at the $0.00532 supply value during yesterday’s session has enabled the Dash 2 Trade price to stay strong above the resistance lines in recent times.
The market price of D2TUSD has just broken up the two EMAs at the $0.00545 supply level as the 1-hourly chart opens today; this affirms the presence of more buyers in the market and also gives the crypto a high tendency to rise further.
Hence, an upside breakout above the $0.00569 mark with 1-hourly candle closing will offer buyers a solid foothold to push the Dash 2 Trade price higher.
Adding to that, the coin is pointing up around the level 73% range of the daily stochastic; this implies the bulls may continue to dictate market direction. In light of this, the next price target could be the $0.02000 upper high level soon. Hence, buyers may take a position as desired.
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