Dash 2 Trade Price Predictions for Today, January 29: D2TUSD Price Retains its Upbeat Trend
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D2TUSD Dash 2 Trade Price Forecast: D2TUSD Price Retains its Upbeat Trend (January 29)
Right now, the price of Dash 2 Trade (D2TUSD) is rising and retains its upbeat trend. Positive indications are seen in the cryptocurrency above the $0.00487 supply value. Its upward moves could continue to reach a high level of $0.01000 and beyond if coin holders demonstrate strength and the price sustains above the previous high value of $0.00576, leading to a significant upturn.
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)
On the higher time frame, the D2TUSD pair exhibits positive sentiment. Buyers are confident about gaining higher levels and this confirms their high impact in the market at present.
During the last action, the buy investors made a move to the $0.00477 supply value and maintained it; this truly helped the cryptocurrency to stay strong above the trend line in its recent high.
As the 4-hourly chart opens today, the bulls made a corrective move to a high at the $0.00507 mark above the two EMAs, this shows the high impact of the buy investors on the Dash 2 Trade market; likewise, the downside risk is yet unknown.
Should the current market tendencies continue, D2TUSD could witness significant growth to hit the $0.00576 previous high level which may accelerate the bullish momentum and extend the ongoing correction to a higher level.
Furthermore, the momentum indicator is pointing upward, therefore, new entries by long investors are likely on the higher side. As a result, bulls may target the psychological level of the $0.01000 resistance value in the coming days as the cryptocurrency continues to be bullish in its long-term perspective.
D2T (USD) Medium-term Trend: Bullish (1H)
It’s nice seeing the bulls keep flourishing and rising in the medium-term time frame. The D2TUSD is in a bullish move, this is clear as we can see price continues to make higher highs and higher lows at the upper resistance area.
The sustained bullish pressure pushed the pair up to the $0.00477 resistance level during yesterday’s session and sustained it; this has made it easier for the coin to remain strong above the supply levels in its recent high.
As the 1-hour chart opens today, the bulls moved higher, reaching the high value of $0.00507, which is above the supply level very close to the upper resistance area. Given that bulls are still in control of the market at the moment, the Dash 2 Trade price appears positive.
If the bulls should increase their price action, and a bullish momentum is sustained around the upper resistance levels, further bearish sentiment will be hibernated.
Similarly, the daily stochastic continues to trend upward. Hence, if the coin buyers manage to break above the $0.00512 previous supply trend line, the market participants may see a new rebound rally and this may likely hit the $0.01000 high level in the days ahead in its medium-term perspective. This signals a BUY trade again in its medium-term time frame.
Dash 2 Trade Development Update: Many updates for back testers, BE, API changes and fixes, and Autotrader improvements.
Dash 2 Trade Development Update:
— Dash 2 Trade (@dash2_trade) January 24, 2024
24.01.2024
Multiple autotrader improvements, updates for backtester, BE and API changes and fixes.
-Subscription smart contract deployed on mainnet for testing
-Autotrader improvements: WIP on adding new pairs, adjusted fees in PNL calculation &… pic.twitter.com/JcSAfLc6HF
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