Dash 2 Trade Price Predictions for Today, July 3: D2TUSD Price Facing the New Resistance Trend Levels, Buy!
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Dash 2 Trade Price Forecast: D2TUSD Price Facing the New Resistance Trend Levels, Buy! (July 3)
The D2TUSD price is negotiating the upper resistance level as the coin is currently recovering and also facing new resistance trend levels. Thus, a sharp breakout and closure above the $0.00851 correction level will invalidate any bearish thesis and the price might hit the high of $0.1000 upper level and beyond, thus putting a smile on the faces of the coin traders.
Key Levels:
Resistance levels: $0.01200, $0.01300, $0.01400
Support levels: $0.00800, $0.00700, $0.00600
D2T (USD) Long-term Trend: Bearish (4H Chart)
Dash 2 Trade price is in a bearish market at the moment. Further, the price is trading below the two EMAs; it means that it’s in a bearish market zone at the moment.
The bears’ pressure on the crypto to the $0.00733 support value in the past action has dropped the price down below the supply trend levels in its recent time.
Commitment from the bulls now pushes the price of D2TUSD up to the $0.00737 supply level below the moving averages as a pullback shortly after the commencement of the 4-hourly chart resumes today.
A possible bullish breakout from this barrier will accelerate the buying pressure and bolster buyers to further extend this price rally.
In a like manner, the market is now pointing up on the daily stochastic. This means that the D2TUSD market is expected to continue the bullish trend pattern, thus the emergence of more bullish pressure is crucial at this moment.
Hence, the bulls are expected to turn around the price of Dash 2 Trade and may likely reach the $0.1000 supply value in the days ahead as it faces the new resistance trend levels in its higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
Dash 2 Trade remains bullish on the medium-term time frames. This is clear as we can see the prices trading above the EMA-9 approaching the new resistance trend levels.
The sustained bullish pressure pushed the currency pair up to the $0.00734 supply level during yesterday’s session and sustained it. This has made it capable for the coin to remain in an uptrend in its recent high.
The bulls made an aggressive move up to the $0.00737 resistance level above the EMA-9 shortly after the 1-hourly chart opens today. The price, wavering above the moving averages indicates the high impact of the bulls. This however makes it capable for the coin to rise further.
Additionally, with buyers clustering around the market as indicated by the daily price signal, the price of Dash 2 Trade is expected to rise above the $0.00789 supply value which could further extend to the $0.1000 upper resistance mark in the days ahead in its medium–term outlook.
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— Dash 2 Trade (@dash2_trade) June 29, 2023
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