Dash 2 Trade Price Predictions for Today, August 23: D2TUSD Looks Promising at the $0.00797 Resistance Value, Invest Now!
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Dash 2 Trade Price Forecast: D2TUSD Looks Promising at the $0.00797 Resistance Value, Invest Now! (August 23)
Amid the recent upsurge in the crypto market, the Dash 2 Trade price gave a massive breakout from the 4-hour resistance of $0.00666 level. The coin is making positive moves at the moment. Hence, the crypto can swing up further and cross over the current price level at $0.00797. Should the long traders increase their pressure, the current price level may not hold and it may extend to a $0.10000 high level and beyond. Thus a clear buy signal for interested traders.
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 D2TUSD pair is in an uptrend on the higher time frame. The coin price is now strongly trading above the moving averages with huge volumes from the bulls. Thus, the recent market structure has favored the bulls.
However, the bulls’ pressure to a $0.00669 high value in the previous action has sustained the coin price above the resistance trend levels in its recent high.
Today’s 4-hour bullish candle at the $0.00715 value which further rises to a $0.00797 supply mark above the moving averages confirms the bulls’ dominance in the market.
Thus, a sharp breakout and closure above the current correction phase at a $0.00797 high value will invalidate any bearish thesis.
Furthermore, Dash 2 Trade pair looks promising and indicates an upward momentum on the daily signal, this indicates that the coin price will continue to increase to the upsides and this may get to the $0.10000 upper resistance trend mark soon in its long-term outlook.
D2T (USD) Medium-term Trend: Bullish (1H)
On the medium-term outlook, the D2TUSD pair looks promising and trades above the resistance zone, indicating an uptrend. The crypto has broken above the moving averages which indicates a possible rise of the pair. 
Pressure from the buying traders at a $0.00668 high value in the previous action has sustained its upward stability in its recent high.
The Dash 2 Trade price earlier today, gave a bullish impulse move to the $0.00715 resistance mark above the two EMAs, which gave the coin the tendency to rise further.
However, if the bullish momentum persists, a breakout above the high resistance zone of $0.00797 price level with candle closing will signal a strong buy signal for interested traders.
Notably, there is likely to be a potential increase in D2TUSD soon as the market has reached the oversold region of the daily stochastic. If that occurs, the first upside target could be $0.010000 followed by $0.10000 soon in its medium-term time frame.
No more sloping! Not as desired, the market changed. Growing open interest a few weeks ago warned against taking too many leveraged positions without additional funding.
🔍 Smart Money Insights 🚀
— Dash 2 Trade (@dash2_trade) August 22, 2023
📉 Sideways no more! Market moved, not as desired. Weeks back, rising open interest signaled caution—too many leveraged positions without fresh capital. Smart Money stablecoin holdings reacted, jumping from 11% to 14% in a day, now at 12.9%. BRICS… pic.twitter.com/cpsIM5ouzC
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