Dash 2 Trade Price Predictions for Today, February 5: D2TUSD Still a Good Buy at $0.00539 Level
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Dash 2 Trade Price Forecast: D2TUSD Still a Good Buy at $0.00539 Level (February 5)
Dash 2 Trade is on the positive side today. The crypto remains a good buy at the $0.00539 level as it continues to make progress to the upper high level. The crypto at the moment is showing positive signs above the $0.00504 supply value. If the coin price could sustain above the pattern supply trend line, the coin price may trigger up to the overhead resistance mark at the $0.02000 level, thus a clear buy signal and indeed a good crypto signal for the coin traders.
Key Levels:
Resistance levels: $0.00700, $0.00800, $0.00900
Support levels: $0.00500, $0.00400, $0.00300
D2T (USD) Long-term Trend: Bullish (4H Chart)
At the time of writing, D2TUSD is trading strongly above the supply levels in its long-term perspective. The price currently trades above the two EMAs which are glued together. This breakout triggers a smooth bull cycle pattern, which in theory, should lead the prices to an overhead trend line.
The cryptocurrency price has been above the supply trend levels since its most recent high due to the persistent bullish pressure over the last few days.
Today’s 4-hour bullish candle at $0.00504 which further rises to a $0.00539 supply mark above the moving averages confirms the bulls’ dominance in the market. This indicates that the bulls remain dominant and have the market price at their disposal at the moment.
Further increase in the buying pressure will lead the price of Dash 2 Trade to the $0.00584 high mark which could sweep away any further bearish appearance shortly.
Additionally, if the coin buyers manage to break above the $0.0084 previous supply trend line, the market participants may witness a new recovery rally and this may likely reach the $0.02000 high mark in the days ahead in its higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
In the one-hour time frame, the price of D2TUSD is making higher highs and higher lows with the price above the moving averages.
The bullish impact on the crypto to the $0.00496 supply level during the previous action has sustained its firmness above the supply levels in its recent high.
Today, the bulls made an upward move to the $0.00593 high value above the moving average lines as the 1-hour chart opens.
The Dash 2 Trade price looks promising as the bulls remain dominant in the market at the moment. If the bulls should increase their price action, and bullish momentum is sustained far above the resistance trend lines, further bearish sentiment will be hibernated.
Notably, the bulls remain dominant at the moment; we can now expect the next jump by the bulls to reach a $0.02000 upper resistance level in the days ahead in its medium time frame.
Dash 2 Trade Development Update: Numerous Autotrader improvements, back tester updates, 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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