Dash 2 Trade Price Predictions for Today, August 25: D2TUSD Price Hints Uptrend Continuation, Buying Time Is Now!
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Dash 2 Trade Price Forecast: D2TUSD Price Hints Uptrend Continuation, Buying Time Is Now! (August 25)
Dash 2 Trade is positive today, the crypto hints at an uptrend continuation at the $0.00734 price level and also indicates a buying time as the price is currently running a bullish race. Crypto is facing high pressure from the bulls. Conversely, if the coin prices sustain above the level of $0.00797, the bulls’ trend would continue upward and possibly hit the$0.02000 upper high level. Thus, a clear buy signal for the coin investors.
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)
Dash 2 Trade turns positive today. The price is trading in a bullish momentum above the resistance trend levels in its higher time frame. This looks nice for the buy trader and signifies a buy signal.
The successful breakout by the bulls to a $0.00726 supply value during yesterday’s session has made it possible for the D2TUSD market to retain its bullish strength in its recent high.
The crypto’s price rises to a $0.00734 high level above the supply trend lines after the recent threat of increasing. This indicates the high buying impact of the buy traders resulting in intraday gains, so, should you avoid buying this hike?
Thus, a sharp breakout and closure above the current correction phase at a $0.00734 high value will invalidate any bearish thesis, and then there is a high probability of the price going up to its recent swing high, which is $0.00797 level to wade off the bearish shackles and focus on the ultimate breakout to the upper resistance level.
Notably, the underlying sentiment suggests an uptrend continuation in the coming days as indicated by the daily stochastic.
It is expected of buyers to push the price of Dash 2 Trade further up to a significant level and in this case, the target might be the $0.02000 supply level in the higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H)
On the medium-term outlook, the D2TUSD pair is in a resistance zone. Firstly, the crypto has broken above the two EMAs which indicates a possible rise of the pair.
The price is moving in an uptrend in the H1 timeframe, making higher highs and moving towards its major resistance.
The Crypto has been having a series of higher highs and higher lows which has made it possible for the price to remain stronger in an upward trend in its recent high.
On the 1-hour chart today, there is a broader recovery in the prices. The coin jumped up to a $0.00734 supply level above the moving averages as the bulls took to their stand in the market.
This bullish correction, however, indicates a gradual improvement in market sentiment and leads to more intraday gains in assets to higher prices. Thus, a break above the $0.00726 value would intensify the buying pressure on the crypto.
Adding to that, the market is pointing upwards on the daily stochastic, which will draw more buy traders to the market for a bullish continuation pattern, if that occurs the price could further climb up toward a $0.02000 upper high level and this will add to the bullish race in the future in its medium-term outlook.
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