Dash 2 Trade Price Predictions for Today, January 9: D2TUSD Price Jumps above the $0.00113 Resistance Level
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Dash 2 Trade Price Forecast: D2TUSD Price Jumps above the $0.00113 Resistance Level (January 9)
D2TUSD’s price jumps above the $0.00113 resistance level and remains pressured even as the sentiment in the crypto market improves, with Bitcoin sitting above $100k. The coin is currently trying hard not to fall by resisting sellers. In case the bulls sustain bullish pressure and break up the resistance level of $0.00430, the coin price may increase further to a $0.01000 high trend line, offering a key entry for confidence.
Key Levels:
Resistance levels: $0.00120, $0.00125, $0.00130
Support levels: $0.00107, $0.00106, $0.00105
D2T (USD) Long-term Trend: Bullish (Daily Chart)
Dash 2 Trade remains in a bullish trend in its long-term outlook. The coin price is slightly above the moving average, indicating an uptrend. However, the token may firmly maintain its bullish trajectory, with a significant opportunity for bullish continuation.
The bulls were able to push the D2TUSD to the $0.00113 resistance value in the last session and have enhanced the crypto price to stay above the supply trend levels in its recent high.
The coin price finds reliable resistance at around $0.00125 above the EMA-50, resulting in intraday gains and encouraging additional buying activity. Hence, staying above the resistance trend lines indicates a strong possibility for a bullish correction.
Thus, if the bulls breach the $0.00430 resistance, the next resistance level to watch out for would be around the $0.00800 level, bolstering confidence in the token’s upward movement.
Additionally, the daily stochastic remain in an uptrend, showing the continuation of bullish sentiment. Hence a successful breakout could propel the Dash 2 Trade price towards the $0.01000 upper resistance in the days ahead, providing traders with a significant opportunity for bullish continuation in its long-term outlook.
D2T (USD) Medium-term Trend: Bullish (4H Chart)
Despite the interference of short-term traders in the price flow, the medium-term time frame market shows a bullish race.
The Dash 2 Trade price is moving towards the upper resistance above the converging trend lines, denoting a bullish trend and a rise in volatility. Thus, buyers are currently gaining more strength in the market.
The bulls’ pressure on the coin to the $0.00113 supply value during the last session has sustained the coin price above the resistance trend levels in its recent high.
Today’s 4-hourly bullish candle at $0.00135 which further rises to a $0.00135 supply mark above the moving average, confirms the bulls’ dominance in the market, gaining attention among market traders.
Meanwhile, if the bullish momentum continues, the D2TUSD price could reach its all-time high of $0.00265, reflecting growing investors’ interest and momentum.
However, there is a possibility of a further increase in the price of Dash 2 Trade if the buy traders should increase their price actions and all the current support level holds, a psychological key level at the $0.01000 upper supply level might be reached in few days in its medium-term time frame.
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