Dash 2 Trade Price Predictions for Today, January 1: D2TUSD Price Remains Pressured above the $0.00135 High Value
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Dash 2 Trade Price Forecast: D2TUSD Price Remains Pressured above the $0.00135 High Value (January 1)
With the New Year kicking off today, Dash 2 Trade is back in the green again as the price remains pressured above the $0.00135 high value. The coin is currently attempting to avoid falling by resisting sellers; however, if the bulls’ pressure breaks through the resistance level of $0.00430, the coin price may rise further to a $0.01000 high trend line, representing a significant turnaround for coin holders.
Key Levels:
Resistance levels: $0.00138, $0.00139, $0.00140
Support levels: $0.000900, $0.000800, $0.000700
D2T (USD) Long-term Trend: Bullish (Daily Chart)
As the New Year begins today, the long-term market value of Dash 2 Trade is moving in a bullish direction. This is clear as we can see the prices trading above the EMA-50 approaching the overhead resistance, indicating an uptrend.
The pressure from long-term traders to a $0.00144 high value in the last session adds to the bullish impact on the market in its recent high.
The daily bullish candle today at the $0.00150 supply value remains pressured above the EMA-50, confirming the bulls’ dominance in the market. This breakup may accelerate the bullish momentum and extend the current correction to a higher level.
Furthermore, an increase in the buying pressure might lead the price of Dash 2 Trade to retest the previous high of $0.00430 level, obtaining a higher footing to rise higher.
In addition, the D2TUSD pair indicates bullish sentiment by pointing up on the daily stochastic while the coin price remains pressured above the $0.00140 high value.
As a result, the downside risk remained uncertain. Thus, the next bulls’ target might be the $0.01000 high level in the days ahead in its long-term outlook.
D2T (USD) Medium-term Trend: Bullish (4H Chart)
The momentum on the medium-term outlook (4H) is undeniably bullish. The lack of a bearish continuation is also distinctly seen from the chart.
As an outcome of low bearish momentum, buyers are hindering the market from smashing through the support zones.
The coin price at a $0.00138 high value is undeniably bullish as the 4-hour session opens today. Thus, buyers must redouble their efforts to forecast a bullish increase in the market above the $0.00265 supply mark.
Notably, the Dash 2 Trade price may likely continue in the same bullish trend as the market is pointing up, indicating an uptrend on the daily stochastic.
So, the crypto price could be ready very soon for a bullish pattern continuation. In this case, a significant level above the $0.01000 supply trend line might be the target soon in its medium-term time frame.
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