Dash 2 Trade Price Predictions for Today, February 2: D2TUSD Price Could Explode to $0.01000 Supply amidst Market Surge
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Dash 2 Trade Price Forecast: D2TUSD Price Could Explode to $0.01000 Supply Amidst Market Surge (February 2)
If the Dash 2 Trade market keeps surging, the price could explode to the above-mentioned supply level as the crypto market shows signs of revival this day. The coin having rebounded will most likely continue its bullish correction and the price could go higher and hit the mentioned resistance value. If the bulls can break up the $0.00576 supply mark, then we can expect a good upside momentum up to the $0.01000 upper high value, resulting in a higher gain for the coin buyers and also suggesting the best crypto signals for the investors.
Key Levels:
Resistance levels: $0.00700, $0.00800, $0.00900
Support levels: $0.00400, $0.00300, $0.00200
D2T (USD) Long-term Trend: Bearish (4H)
Analyzing the chart above, we can see that the D2TUSD pair 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 price is now on its way to the resistance trend levels.
The sustained bearish pressure at the $0.00462 support value has made the crypto price drop below the supply levels in recent times.
The price of Dash 2 Trade on the 4-hour chart today is currently facing resistance and trading at the $0.00474 supply level below the moving averages. More gains are possible if the bulls can put extra effort into the price action, the $0.00576 previous high point could be retested soon.
Meanwhile, as the bulls are climbing the upbeat ladder, traders who buy the coin during the bearish market will also make gains in the future.
In addition, the daily stochastic indicates an upward trend, which means that the buy investors may likely continue with the bullish correction pattern which might further extend the D2TUSD price to reach the $0.01000 resistance mark soon in its long-term outlook.
D2T (USD) Medium-term Trend: Bullish (1H)
The D2TUSD pair is in a bullish market zone in its medium-term time frame as can be seen from the chart below. The price bar can be sighted slightly above the EMA-9 approaching the overhead resistance. This is an indication of an uptrend. 
The bullish reversal at the $0.00462 high value in the previous action has sustained the crypto above the trend line in its recent high.
Actions from buyers have also increased the Dash 2 Trade price further up to the $0.00474 resistance value as it journeys up north. More gains are possible if the bulls can put extra effort into the price action.
Notably, the key indicator pointing towards future trends suggests the continuation of the recovery rally. In light of this, the price action might hit the $0.01000 supply value in the coming days in its medium-term outlook.
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31.01.2024
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