Dash 2 Trade Price Predictions for Today, August 26: D2TUSD Bullish Pattern Emerged
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Dash 2 Trade Price Forecast: D2TUSD Bullish Pattern Emerged (August 26)
D2TUSD’s bullish pattern emerged after completing the downside moves and may increase to the $0.01000 resistance level soon. The coin price can keep rising and may likely retest the $0.00400 high value. The coin price may likely continue with the new correction, provided buyers do not give up and the momentum pressure in the market increases. Hence, the new bullish pattern may drive the coin price to reach the $0.01000 high level, regaining investors’ confidence in the recovery sentiment.
Key Levels:
Resistance levels: $0.00450, $0.00500, $0.00550
Support levels: $0.00200, $0.00150, $0.00100
D2T (USD) Long-term Trend: Bearish (4H Chart)
D2TUSD indicates a downward trend with a bearish sentiment in its long-term perspective. The coin’s bullish pattern has just emerged below the two EMAs, signifying a bearish momentum.
The market has been slowed down in recent times due to the interaction from the bears to a $0.00251 low value in its previous action.
The Dash 2 Trade pair has completed its low dips and is now set for an upward momentum. At the press time, the bulls correction at the $0.00253 high mark below the two EMAs as the 4-hourly session resumes today, is a pullback, suggesting the returns of the bulls to the market to stage a play.
The pullback at the $0.00417 resistance level below the supply levels suggests the returns of the buy traders in the market. The market participants are responding to this pattern, and its breakout should offer a good entry opportunity.
Hence, this bullish reversal pattern could assist the coin buyers in challenging the $0.00400 neckline barrier and increasing the overhead resistance area.
Notably, the daily stochastic indicates an uptrend, hence, there is a tendency for the D2TUSD price to rise further, if the support level holds, this will enable buyers to take the price to a high of $0.01000 soon in its long-term perspective.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
The Dash 2 Trade market is now trading in a bullish market zone in the medium-term time frame. The price bar is above the EMA-9, approaching the EMA-50 indicating that the bulls are regaining market strength as the bullish pattern emerged. So it seems likely that the bulls are about to take over and push the market higher.
The coin made it to the $0.00252 high level during the previous action and has made the D2TUSD price remain in an uptrend in its recent high.
The bulls made an aggressive move to the $0.00253 resistance level above the EMA-9 shortly after the 1-hour chart opened today, resulting in an intraday gain. Trading above the moving averages will enable the market value of D2TUSD to keep pushing up.
Therefore, if the bulls should add more aggression to their activities in the market, the $0.01000 resistance level might be reached soon in its medium-term time frame.
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