Dash 2 Trade Price Predictions for Today, December 4: D2TUSD Looks Good for Long Position
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Dash 2 Trade Price Forecast: D2TUSD Looks Good for Long Position (December 4)
D2TUSD price remains bullish and also looks good for the long investors at the present. The coin price will most likely continue its bullish run and the price could still go higher if the bulls can break up the $0.00520 value, then we can expect a good upside momentum up to $0.01100 upper resistance level and beyond.
Key Levels:
Resistance levels: $0.00900, $0.01000, $0.01100
Support levels: $0.00500, $0.00400, $0.00300
D2T (USD) Long-term Trend: Bullish (4H)
D2TUSD pair is positive and portrays a bullish market trend in its long-term outlook. This is clear as we can see the prices trading above the two EMAs.
The bulls’ pressure at the $0.00451 supply value during the previous session has kept the coin price above the supply trend levels in its recent high.
Today, the buy investors rallied to a $0.00453 resistance level above the two EMAs, implying an uptrend and a bullish impact on the coin. As buyers are currently clustered around the market, more upsides are possible.
If the Dash 2 Trade price currently increases and with sustained buying pressure, it is likely to retest the $0.00520 supply zone which could potentially drive the crypto price towards the upper resistance mark.
Furthermore, as we watch the crypto market turn strongly bullish under the influence of this market level in the long term, the price of D2TUSD could rise steadily soon and break through the previous high of $0.00520 to reach the $0.01100 upper resistance level in the coming days.
D2T (USD) Medium-term Trend: Bullish (1H)
On the medium-term outlook, upward pressure continues to dominate the D2TUSD pair. The coin price is now strongly trading above the moving averages with massive volumes from the bulls, indicating that the recent market structure has favored the bulls.
The coin has had a series of higher highs and higher lows in the last session, allowing the bulls to maintain the strength in its recent high.
As the 4-hour chart resumes today, the bulls corrected the $0.00453 supply value above the moving averages. This will encourage buy traders to invest in the Dash 2 Trade, as potential future gains are guaranteed.
As a result, a possible breakout from the current retracement at the $0.00453 neckline will accelerate buying momentum and push prices higher to the previous resistance level of $0.00465.
Notably, there is a possibility of a bullish breakout if the bulls increase their market tension as the daily stochastic signal points upward; this indicates an uptrend and a bullish trend continuation. As a result of this, the next target could be the $0.01100 high trend mark soon in the medium-term perspective.
Looking back at our monthly recap for November, four bullish points and four bearish points stood out for us at D2T.
📆 Crypto Recap for November 2023 📆
— Dash 2 Trade (@dash2_trade) December 1, 2023
Looking at our monthly recap for November what stuck out for us at D2T were four bullish points and four bearish points. For the bull side, we saw further positive Crypto #ETFcontagion as #BlackRock filed its Ethereum spot #ETF application.… pic.twitter.com/VeQYbDBoBM
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