Dash 2 Trade Price Predictions for Today, December 20: D2TUSD Price Targets $0.02000 Supply amidst Market Surge

Dash 2 Trade Price Forecast: D2TUSD Price Targets $0.02000 Supply amidst Market Surge (December 20)
The market value of D2TUSD is presently going up. The coin will still go further if the current support at $0.00585 holds. The crypto’s price may continue its upside moves to retest the $0.00712 previous high level which could further target the $0.02000 supply amidst the market surge, provided buyers increase their actions in the market.

Key Levels:
Resistance levels: $0.00900, $0.01000, $0.01100
Support levels: $0.00500, $0.00400, $0.00300

D2T (USD) Long-term Trend: Bearish (4H)
The Dash 2 Trade pair is showing a bearish display in its long-term perspective. The price bars can be seen below the moving averages. This is due to the high inflow from the sell traders. However, there is about to be a turnaround for the coin traders as the bulls are now set to take us higher to the upper resistance area amidst the market surge.

The crypto price has been below the supply trend levels since its most recent low due to the persistent bearish pressure over the last few hours.

Following the upward race, the coin is recovering from its recent correction as new buying emerges near the supply level. After a series of lows shortly after the opening of today’s 4-hour chart, the bulls have decided to shift the trend upward.

As the 4-hour chart opened today, the D2TUSD price rallied up to the $0.00595 resistance value below the moving averages as a pullback and breached the $0.00585 high barrier.

Thus, a possible breakout from the $0.00595 neckline will accelerate the buying momentum and push the prices higher to hit the 0.00712 previous resistance levels. This will bolster more buying pressure on the crypto to the upper resistance levels.

Further, the market is now pointing up below the 12% range of the daily stochastic. This means the crypto market is oversold and the emergence of bullish pressure is crucial at this moment.

Hence, the bulls are expected to turn around the price of Dash 2 Trade and the target might be the $0.02000 supply value amidst a market surge in the days ahead in its higher time frame.

D2T (USD) Medium-term Trend: Bullish (1H)
Analyzing the chart above, we can see that D2TUSD is in a bullish market zone. The price currently trades slightly above the two EMAs. This means that the coin is in an uptrend.

The pair made it to the $0.00585 resistance level during the previous action and has sustained the coin price above the supply trend lines in its recent high.

The current price of Dash 2 Trade now trades at the $0.00595 supply level above the EMA-9 but below the EMA-50. This is an indication of an upward momentum in the context of the strength of the market.

Thus, a possible breakout from the $0.00595 neckline will accelerate the buying momentum and push the prices higher to hit the 0.00715 previous resistance levels.

Meanwhile, the pair has a target price of $0.02000 supply level amidst the market surge as it continues its uptrend movement to the upper resistance as indicated by the daily stochastic pointing upwards. Hence, the mentioned target might be reached in the coming days from a medium-term perspective.

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— Dash 2 Trade (@dash2_trade) December 19, 2023

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