Dash 2 Trade Price Predictions for Today, February 1: D2TUSD Price Targets $0.01000 Supply amidst Market Surge
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Dash 2 Trade Price Forecast: D2TUSD Price Targets $0.01000 Supply amidst Market Surge (February 1)
The Dash 2 Trade market is presently climbing the upbeat ladder and targets the $0.01000 supply amidst the market surge. The coin will still go further if the current support at $0.00519 holds. The crypto’s price may continue its upside moves to retest the $0.00576 previous high level which could further target the $0.01000 supply amidst market surge, provided buyers increase their actions in the market.
Key Levels:
Resistance levels: $0.00700, $0.00800, $0.00900
Support levels: $0.00400, $0.00300, $0.00200
D2T (USD) Long-term Trend: Bullish (4H)
Analyzing the chart above, we can see that the D2TUSD pair is in a bullish market zone. The price currently trades slightly above the EMA-50. This means that the coin is in an uptrend.
The pair made it to the $0.00507 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 $0.00528 supply level above the EMA-50, indicating an upward momentum in the context of the strength of the market.
Thus, a possible breakout from the $0.00563 neckline will accelerate the buying momentum and push the prices to hit the 0.00576 previous resistance levels, suggesting the best crypto signals for the coin investors.
Meanwhile, the pair has a target price of $0.01000 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 soon in its medium-term perspective.
D2T (USD) Medium-term Trend: Bearish (1H)
D2TUSD looks bearish in its medium-term outlook. The price responded to the shift in the market structure and is currently trading in green ready for an upward performance below the moving averages.
The coin price has been below the supply trend levels since its most recent low due to the persistent bearish pressure over the last few hours.
The coin is recovering from the recent correction as fresh buying emerges near the supply level following the upward race. The altcoin has completed its correction and is now set for an upswing.
With the positive sentiment, the Dash 2 Trade price rallied up to the $0.00528 resistance value below the moving averages as a pullback and breached the $0.00525 barrier as the 1-hour chart opens today.
Thus, a possible breakout from the $0.00563 neckline will accelerate the buying momentum and push higher prices to hit the 0.00571 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 20% range of the daily stochastic. This means the the crypto market is oversold and the emergence of bullish pressure is crucial.
Hence, the bulls are expected to turn around the price of D2TUSD and the target might be the $0.01000 supply value amidst a market surge in the days ahead in its medium-term time frame.
Dash 2 Trade Development Update: Numerous Autotrader enhancements, back tester upgrades, and more.
Dash 2 Trade Development Update:
— Dash 2 Trade (@dash2_trade) January 31, 2024
31.01.2024
Lots of autotrader improvements, updates for backtester, and more.
-Autotrader improvements: added a new starting page; added more coins to the autotrader, testing in progress; added the ability to delete bots; add "back" button to… pic.twitter.com/BK3L4TIJ0w
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