Dash 2 Trade Price Predictions for Today, August 28: D2TUSD Price Kick-Starting New Bullish Moves
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Dash 2 Trade Price Forecast: D2TUSD Price Kick-Starting New Bullish Moves (August 28)
The D2TUSD market at the moment is rising as a champion trying hard not to fall by resisting sellers. In the past 24 hours, Dash 2 Trade bulls have been in control, driving the crypto price from an intraday low of $0.00770 to a 24-hour high of $0.00786. In case the bulls’ pressure breaks up the resistance level of $0.01197, the coin price may increase further to a $0.1000 high trend line which indeed will be a turnaround for the coin holders.
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)
Dash 2 Trade remains in a bullish trend in its long-term outlook. This is clear as we can see the prices trading above the EMA-9 indicating an uptrend, this confirms a bullish trend.
The buying traders were able to push the coin price up to a $0.00783 resistance value during yesterday’s session and have enhanced the price to stay above the supply trend levels in its recent high.
With an increase in buying pressure, the price of D2TUSD jumped up to a $0.00784 resistance level above the EMA-9 to resume the 4-hour chart today. A bullish breakout past the $0.01006 resistance level may set eyes on the next resistance level at $0.01197.
Additionally, the downside risk remains uncertain as indicated by the daily signal which is now pointing up in the oversold region.
Due to this fact, the next bulls’ target might be the $0.1000 high level in the days ahead in its long-term outlook.
D2T (USD) Medium-term Trend: Bullish (1H)
The brief involvement of the short-term traders in the medium-term has made the price of Dash 2 Trade remain below the moving averages as can be seen from the chart below.
The coin price can be seen slightly below the moving averages indicating a bearish momentum on the medium-term outlook.
Commitment from the buying traders pushed the crypto price to a $0.00784 high value as the 1-hour chart opens today. This will however give the buy traders the tendency to further ladder up the trend.
With strong buying pressure and positive market sentiment, D2TUSD has the potential to continue its upward trend and attract more investors. Therefore, if buyers could break above the August 23rd high of $0.01197, better confirmation of a bullish recovery will be achieved.
Notably, the buying pressure will increase further as indicated by the daily stochastic, thus the new bullish move may reach the $0.1000 upper high mark in the coming days in its medium-term perspective.
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