Dash 2 Trade Price Predictions for Today, July 17: D2TUSD Price Close to $0.00789 Supply Level, Buy Now!
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Dash 2 Trade Price Forecast: D2TUSD Price Close to $0.00789 Supply Level, Buy Now! Level (July 17)
The Dash 2 Trade price is close to the $0.00789 supply level and has already increased significantly in the previous actions; obviously, the bears are clearly losing control at the moment. Thus, under the influence of this chart setup, the coin price is likely to challenge the $0.00789 neckline resistance to complete this pattern. Thus, a post-retest rally may drive the prices high to hit the $0.1000 upper resistance trend level and beyond.
Key Levels:
Resistance levels: $0.01500, $0.01600, $0.01700
Support levels: $0.00800, $0.00700, $0.00600
D2T (USD) Long-term Trend: Bearish (4H Chart)
D2TUSD indicates a downward trend with a bearish sentiment in its long-term perspective.
The coin is trading below the two EMAs. However, the current trend will soon be nullified as the market has just begun its rising pattern.
The sustained bearish pressure at the $0.00669 support value in the previous action has made the crypto price drop below the supply levels in its recent price level.
The market price of D2TUSD which increases to a $0.00678 high level below the two moving averages as the 4-hourly session opens today suggests the return of the bulls to the market and an improved bullish market sentiment.
Thus, under the influence of this chart setup, the coin price is likely to challenge the $0.00789 neckline resistance to complete this pattern and put the trade more on the buy side.
However, if the buy traders successfully keep the Dash 2 Trade prices above the $0.00761 resistance level, a retest of the previous high at the $0.00789 level is possible which may further extend the coin price to the $0.1000 upper high level in the coming days in its higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
D2TUSD can be seen progressing forward in its medium-term perspective. The coin prices can be sighted above the EMA-9 negotiating the overhead resistance. Buyers are having the market at their disposal at the moment.
The bulls’ pressure on the crypto at $0.00680 in the past few hours has sustained its bullishness in its recent high.
Today, the bulls caused a rise to a $0.00678 high level above the EMA-9 to resume its uptrend. From the look of things, it seems it will keep growing. Thus, the price of D2TUSD is close to the $0.00789 supply value; therefore, Dash 2 Trade price sustainability above the mentioned levels could fuel the next upswing.
In addition to this, the D2TUSD price is pointing upward on the daily stochastic, indicating an upward move. We, therefore, expect a breakup of $0.00747 and growth of the price to the resistance of $0.00789 value which might further extend to the $0.1000 upper resistance level in the nearby days in its medium-term time frame.
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— Dash 2 Trade (@dash2_trade) July 11, 2023
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