Dash 2 Trade Price Predictions for Today, July 13: D2TUSD Swing Back to Action above the Resistance Levels
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Dash 2 Trade Price Forecast: D2TUSD Swing Back to Action above the Resistance Levels (July 13)
Dash 2 Trade is back in the green and rising above the support at $0.00711 value. The price is currently running a bullish race and remains stable at the moment. If buyers could trigger a breakout above the $0.00851 resistance level, a breakout above this barrier, with a 4-hourly candle closing could signify a shift in the market dynamics. Such a breakthrough would provide an opportunity for buyers to regain control and potentially drive the price toward the $0.1000 upper resistance level resulting in a potential buy for the coin buyers.
Key Levels:
Resistance levels: $0.01500, $0.01600, $0.01700
Support levels: $0.00900, $0.00800, $0.00700
D2T (USD) Long-term Trend: Bullish (4H)
In the long-term time frame chart, the Dash 2 Trade price showed a smooth recovery under the influence of a rising trend line.
The prices are traded above the EMA-9 which has confirmed its bullish trend. Sellers are in a panic as the prices remain above the moving averages, confirming an uptrend.
The bullish pressure at the $0.00707 supply level in the past few hours has made the coin stay above the supply trend levels in its recent high.
After 24 hours of an intense tug-of-war between the bulls and bears for dominance at $0.00711 low value, D2TUSD is up at the $0.00719 resistance value as the 4-hourly chart resumes today.
This actually reveals that traders are buying at this level, paying the way for further recovery in the near future. Thus, a break above the $0.00851 high mark would intensify the buying pressure on the crypto.
Having said that, the current correction phase may likely continue as the momentum indicator now points upwards indicating an uptrend.
We can now expect the coin price to push higher to a significant level of $0.1000 supply trend line as the bulls continue with their bullish correction and remain dominant in its long-term perspective.
D2T (USD) Medium-term Trend: Bullish (1H)
Here, in the medium-term time frame, the D2TUSD pair is losing a bearish momentum, as can be seen from the chart below that the price is trading in an ascending channel.
The bulls have sustained the crypto market at the $0.00707 supply value in the previous action, this has made it possible for the coin to stay above the trend line and remain stronger at the moment.
Amid the recent uncertainties in the crypto market, the Dash 2 Trade buyers provided a bullish breakout from the support trend pattern at the $0.00719 resistance value above the two EMAs as the 1-hourly chart begins today. This shows the high impact of the long traders on the crypto at the moment.
If the bullish momentum persists, a breakout above this combined resistance with the candle closing above the previous high of $0.00746 value will signal a strong buy signal for interested traders.
Adding to that, if the buy traders should increase their price action, and bullish momentum is sustained, the D2TUSD price may likely pump up to a significant level at a $0.1000 value and beyond in the upside before the close of today. This signals a BUY trade again in its medium-term perspective.
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