Dash 2 Trade Price Predictions for Today, July 9: D2TUSD Price Is Rising Against Downward Forces
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Dash 2 Trade Price Forecast: D2TUSD Price Is Rising Against Downward Forces (July 9)
The D2TUSD price is rising against the downward forces after a sharp reversal today. The supply pressure on the crypto market eased about a few hours ago. Under the influence of this setup, a potential bullish surge could uplift the asset by 20% to challenge the $0.00382 previous barrier level, extending to a $0.01000 upper resistance level, signaling the potential for a significant gain.
Key Levels:
Resistance levels: $0.00500, $0.00600, $0.00700
Support levels: $0.00250, $0.00200, $0.00150
D2T (USD) Long-term Trend: Bullish (4H)
The momentum on the higher time frame of D2TUSD looks quite bullish. It seems the bulls are about to take over and push us higher. The coin price is rising against the whale selling, above the EMA-50, indicating that the bulls are at the market’s disposal.
The bulls’ pressure on the cryptocurrency to a $0.00320 resistance level in the previous action has enabled it to retain its upward growth lately.
An increase to the $0.00321 high level above the two EMAs approaching the overhead resistance as the 4-hourly chart opens today indicates that the traders are actively buying at this level.
However, the current trend will enable the Dash 2 Trade price to make a new high and break up the $0.00382 high point, creating a strong area of interest for buyers.
Hence, the market is pointing up on the daily stochastic; this will quicken the emergence of more buyers to move the price of D2TUSD higher to a significant level on the upside and this might hit the $0.01000 supply trend mark, thus registering a buy signal for the coin traders as the market remain strongly bullish soon in its higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H)
The coin is also trading in a bullish trend market in the medium term. This is owing to the significant impact of long-term traders on price flow.
The crypto’s recent high is due to the prolonged bullish pressure to a $0.00320 high level in the preceding action.
The bulls have decided to shift the trend up after a series of lows shortly after today’s 4-hourly chart opens. The current price at the $0.00321 resistance level suggests the returns of the buy traders in the market. Traders are reacting to this pattern, and its breakout should offer a good buy entry opportunity.
Thus, if the bulls put more effort into the price action, the price of Dash 2 Trade may increase in value and break over the previous high mark of $0.00327, bolstering buyers to chase a potential target of $0.01000 upper high level.
Adding to that, the pair is pointing up on the daily stochastic, suggesting that the buying pressure may continue, and suggests a possible recovery of the $0.01000 supply level in the coming days in the medium-term time frame.
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