Dash 2 Trade Price Predictions for Today, January 9: D2TUSD Price Jump Might Reach the $0.01000 Resistance Level
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Dash 2 Trade Price Forecast: D2TUSD Price Jump Might Reach the $0.01000 Resistance Level (January 9)
The price of D2TUSD is presently running a bullish race and remains stable. Given the strong pressure the bulls are putting on the cryptocurrency, the price jump might reach the high point of $0.01000 resistance level. Therefore, any negative thesis will be refuted by a strong breakout and close above the $0.00654 previous high value, the $0.01000 upper resistance level and beyond might be the target which indeed will be a turnaround for the coin holders.
Key Levels:
Resistance levels: $0.00600, $0.00700, $0.00800
Support levels: $0.00400, $0.00300, $0.00200
D2T (USD) Long-term Trend: Bullish (4H)
The long-term forecast for Dash 2 Trade is still favorable. This is evident from the fact that prices are trading above the moving average lines, which shows an upward tendency and validates a bullish trend.
During yesterday’s session, the bulls managed to drive the price of the coin up to the $0.00554 resistance level, allowing it to maintain its strength above the supply trend levels in its recent high.
Shortly after the 4-hourly chart began today, the bulls increased the price of D2TUSD to a high of $0.00561 above the two EMAs which are glued together. This suggests that buyers are genuinely involved in the coin investments. Consequently, the price inclination will climb over the pivotal levels if the bulls can intensify their tension in the market.
The longer the price stays above the mentioned supply level, the more pressure builds up to reach a key significant level at the upside.
Notably, the Dash 2 Trade price is also pointing upwards, this suggests that the coin price may likely continue in an upward direction and this might reach the $0.01000 upper resistance trend line in the days ahead in its higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H)
Despite the interference of short-term traders in the price flow, the medium-term time frame market shows a bullish race. The price of D2TUSD can also be seen above the EMAs, this shows that buyers are currently gaining more strength in the market.
The bullish impact on the crypto to a $0.00554 supply level during the previous action has sustained its firmness above the supply levels in its recent trend levels.
The coin plummeted to the $0.00561 support level as the 1-hourly chart resumes today. Nevertheless, today’s price drop has still not stalled the bull run as it remains intact. Traders might seize this opportunity to invest in the coin now at a cheaper rate.
Hence, an upside breakout above the $0.00588 mark with a 1-hour candle closing will offer buyers a solid foothold to push the Dash 2 Trade price higher.
In addition, more upsides are still coming as shown by the stochastic oscillator pointing upwards to indicate an uptrend. With the look of things, the price jump might reach the $0.01000 high value in no long time in the medium-term time frame.
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