Dash 2 Trade Price Predictions for Today, July 19: D2TUSD Price May Break Up the $0.00789 Supply Mark Soon, Buy!
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Dash 2 Trade Price Forecast: D2TUSD Price May Break Up the $0.00789 Supply Mark Soon, Buy! (July 19)
Today, the D2TUSD pair is about making the noise again in the crypto charts, with a 2.57% after long hours of low dips. There is a possibility for the coin to experience another bullish reversal price action and the price could be ready very soon for another upward move potential. If the forces from buyers in the market should increase and the current support level at $0.00666 holds, the coin price may retest the $0.00789 previous swing high and this may extend to the $0.01000 upper high mark and beyond.
Key Levels:
Resistance levels: $0.01000, $0.01100, $0.01200
Support levels: $0.00800, $0.00700, $0.00600
D2T (USD) Long-term Trend: Bearish (4H Chart)
D2TUSD is bearish in its long-term outlook. The price responded to the shift in the market structure and is currently trading below the moving averages. 
The cryptocurrency price has been below the supply trend levels since its most recent low due to the persistent bearish pressure over the last few days. However, this will soon be invalidated as the trend has reached bearish exhaustion.
The price of Dash 2 Trade at the $0.00666 low value below the two EMAs as the 4-hourly chart opens today is a result of low bullish momentum. Thus, traders who buy the coin during the bearish market will also make gains in the future.
Meanwhile, there is a possibility for a price reversal at the mentioned support as the market now trades at the oversold region of the daily stochastic. In case the market sentiment takes a bullish turn, a breakup above the $0.00789 supply value will invalidate the bearish thesis.
The possible jump will signal the prior breakout as a bear trap, which in return would intensify the buying momentum.
The post-breakout rise could tumble the prices to a $0.01000 upper resistance mark in the coming days in the long-term outlook.
D2T (USD) Medium-term Trend: Bearish (1H Chart)
The currency pair is trading in a bearish market in its medium-term outlook. This is due to the high influence of the sell traders. The price bar is seen trading below the supply trend lines, indicating a bearish trend.
Earlier today, the bulls’ action increases the price of Dash 2 Trade up to the $0.00672 high mark; this was overridden by the sell traders and dropped the coin price to a low of $0.00666 value.
Should buyers prove strong and move the coin price above the previous high at the $0.00747 trend line, further selling pressure will be invalidated. Meanwhile, traders who buy the coin during the bearish trend will also make profits.
In addition to that, there is a possibility for the occurrence of another bullish cycle soon as the coin market is oversold already. Thus, the D2TUSD price is likely to hold the $0.00666 flipped support and obtain a higher footing to rise higher.
This may break up the $0.00747 previous high which might reach the $0.01000 resistance value in the coming days in its medium-term perspective.
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— Dash 2 Trade (@dash2_trade) July 19, 2023
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