Dash 2 Trade Price Predictions for Today, August 8: D2TUSD Price Will Surpass $0.00674 Amidst Rising Momentum, Purchase Now!

Dash 2 Trade Price Forecast: D2TUSD Price Will Surpass $0.00674 Amidst Rising Momentum, Purchase Now! (August 8)
In recent days, the D2TUSD pair showed a significant upsurge offering an opportunity for an extended recovery. The coin is possibly making its way up after hitting the $0.00553 high level to signal a pump. Thus, a strong push from the current price at a $0.00563 supply value will put the crypto in a bullish trend and this may further extend to the $0.0
1000 upper resistance level resulting in intraday gains for buying traders.

Key Levels:
Resistance levels: $0.01600, $0.01700, $0.01800
Support levels: $0.00700, $0.00600, $0.00500

D2T (USD) Long-term Trend: Bearish (4H)
D2TUSD indicates a downward trend with a bearish sentiment in its long-term perspective. The coin is trading below the two EMAs. However, the current trend will soon be nullified as the market has now resumed its bullish race to the overhead resistance.

Sellers’ pressure on the coin to a $0.00545 low level in the previous action has made Dash 2 Trade price remain below the supply trend levels in recent times.

An increase to a $0.00563 high level below the two EMAs approaching the resistance levels as the 4-hourly chart opens today indicates that traders are actively buying at this level.

This current trend will enable the coin price to remain on the upside and rise or break out above a $0.00674 supply value indicating a strong recovery level from the long traders. This will however creates a strong area of interest for buyers.

Additionally, the D2TUSD market is pointing up in the oversold; this will quicken the emergence of more buyers to move the crypto price up to a significant level at the upside and this might hit the $0.01000 supply trend mark, thus registering a buy signal for the coin traders as the market remain strongly bullish soon in its higher time frame.

D2T (USD) Medium-term Trend: Bullish (1H)
The D2TUSD pair remains in an uptrend in its medium-term outlook. The price bars can be seen above the EMA-9 with huge volumes from the long investors approaching the overhead resistance. The coin price has walked a lateral path, trying to sustain above the $0.00557 price level.

The sustained bullish pressure pushed the currency pair up to the $0.00548 supply level during yesterday’s session and sustained it. This has made it capable for the coin to remain firm in an uptrend in recent times.

Dash 2 Trade’s current price at the $0.00563 resistance level above the supply level 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 buy entry opportunity for interested traders.

However, if buyers successfully keep the coin prices above a $0.00588 high level, a retest of the previous high at $0.00604 level is possible soon, offering buyers a suitable footing to rise higher.

Hence, the price of Dash 2 Trade pointing upwards on the daily stochastic means that further upside is certain. It is therefore expected that the buy investors will move the price action up and may likely hit the $0.01000 supply level in the days ahead in its medium-term time frame.

The market is sending mixed signals as price activity stays flat. Smart Money Stablecoin holdings have dropped to 10.8%, meaning that 90% of their wealth is now invested in volatile assets. Exchange outflows signal retail selling, while Smart Money fills their suitcases.

🔍 Smart Money Insights 🚀

The market shows mixed signals as price action remains stagnant. Smart Money Stablecoin holdings decline to 10.8%, indicating 90% of their capital in volatile assets. Outflows from exchanges suggest retail selling, while Smart Money fills up their… pic.twitter.com/g3V7emueas

— Dash 2 Trade (@dash2_trade) August 2, 2023

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