Dash 2 Trade Price Predictions for Today, July 11: D2TUSD Price Remains Strong above the $0.00711 Supply Mark, Time to Buy!
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Dash 2 Trade Price Forecast: D2TUSD Price Remains Strong above the $0.00711 Supply Mark, Time to Buy! (July 11)
The Dash 2 Trade price showed a steady recovery and remains in a strongly bullish market in both the time frame charts. This rally backed by a rising trend line made a series of new higher highs and lows, returning the bullish sentiment back to the crypto market.
However, the coin may likely increase further, if the bulls could add more strength to their potential buying and the market price sustains above the $0.00761 high mark, the potential rally could surge above the $0.00851 higher level to hit the $0.1000 upper resistance value and beyond. Thus a clear buy signal and intraday gain for the coin buyers.
Key Levels:
Resistance levels: $0.01000, $0.01100, $0.01200
Support levels: $0.00900, $0.00800, $0.00700
D2T (USD) Long-term Trend: Bullish (4H)
D2TUSD indicates an upward trend with a bullish sentiment in its long-term perspective. The coin is trading above the EMA-9. However, the market is presently facing resistance at the recent high.
However, the previous action at the $0.00711 high level in the past few days has really sustained the coin price to remain above the trend line in recent times.
With sustained buying pressure, the bulls caused a rise in the crypto price to the $0.00719 supply value above the EMA-9 approaching the overhead resistance as the 4-hourly chart begins today. This however creates a strong area of interest for buyers.
Hence, a breakout above the range barrier of $0.00789 value will indicate that the bullish momentum is aggressive and thus, buyers may drive the Dash 2 Trade price to the potential target of $0.00814, followed by $0.00851 levels.
In a like manner, the price of D2TUSD pointing upwards on the daily stochastic means that further upside is certain. It is therefore expected that the buy investors will move the price action up and may likely hit the $0.1000 upper resistance level soon in its higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H)
Dash 2 Trade is in a positive movement today. The price is strongly trading in a bullish momentum in its higher time frame. This looks nice for the buying trader and signifies a buy signal.
In the previous actions the coin has been having high interference from buyers which really made it easier for the cryptocurrency to maintain stable upside moves in recent times.
The coin price breakout at the $0.00719 resistance value above the two EMAs as the 1-hourly chart opens today indicates the high buying impact from the bulls resulting in intraday gains.
Thus, additional efforts by the bulls could make the potential correction tumble the coin price by 8% and retest the $0.00746 previous swing high.
With this trend, the market participants can maintain a bullish outlook until this trend line is intact and reflects a bullish sentiment among traders.
Adding to that, the bulls are still clustering around the market as shown by the daily signal, this means that the buying pressure may continue, and suggests a possible recovery target of a $0.1000 supply level soon in the medium-term time frame.
Do you think the “next bull market” is just getting started, or do you think the bears will soon take control?
3/3
— Dash 2 Trade (@dash2_trade) July 4, 2023
🤔 Do you believe we are in the beginning of the “next bull market”, or do you think the bears will take over soon?
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