Dash 2 Trade Price Predictions for Today, January 16: D2TUSD Bulls Regain Control as Buying Pressure Mounts
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Dash 2 Trade Price Forecast: D2TUSD Bulls Regain Control as Buying Pressure Mounts (January 16)
Today, the Dash 2 Trade pair remains steady at the upside as the bulls regain control, mounting buying pressure towards the overhead and reflecting the broader crypto market trend. The coin price is exhibiting an impressive bullish move. If the bulls can add additional efforts to their buying pressure and the coin price could sustain above the pattern supply trend line at $0.00430, the crypto price may trigger up to the overhead resistance mark at the $0.01000 level, reflecting the broader crypto market trends.
Key Levels:
Resistance levels: $0.00138, $0.00139, $0.00140
Support levels: $0.00104, $0.00103, $0.00102
D2T (USD) Long-term Trend: Bullish (Daily Chart)
The D2TUSD pair looks promising as the bulls regain control and hold a grip on the asset in the long-term outlook. The price currently trades above the EMA-50, indicating a bullish trend.
The sustained bullish activity in the last session at the $0.00127 supply value has enabled the crypto bulls to regain control above the supply trend levels in its recent high.
Today’s daily bullish candle at $0.00119 which rises to a $0.00138 supply level above the moving averages, confirms the bulls’ dominance in the market, reflecting the broader crypto market trend.
However, there are bullish signals above the level of $0.00119, indicating a possible further increase in the market value of Dash 2 Trade to a $0.00430 barrier level.
Further, the Dash 2 Trade price indicates an upward momentum on the daily signal, implying that the pair will continue to increase to the upsides, and this may get to the $0.01000 upper resistance trend mark in the days ahead, creating excitement among investors in its long-term outlook.
D2T (USD) Medium-term Trend: Bullish (4H Chart)
The D2TUSD price action depicts a beautiful bullish continuation pattern on the medium-term chart that promises a 30% breakout if market conditions remain favorable.
The coin was able to reach a high of $0.00127 level in the previous action, contributing to its recent high amid market correction.
The market value of Dash 2 Trade jumps up to the $0.00138 high level shortly after the commencement of the 4-hourly chart today, signifying a shift in the market dynamics.
Such a breakthrough would enable buyers to regain control and potentially drive the price of Dash 2 Trade toward the $0.00265 previous barrier mark.
Notably, the coin is pointing up on the daily stochastic, implying a high possibility for bullish trend continuation. As a result, the D2TUSD price might swing up to its recent high at $0.00265 level and increase to the $0.01000 supply level in the coming days in the medium-term outlook.
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