Dash 2 Trade Price Predictions for Today, June 1: D2TUSD Heading Towards $0.1000 Supply Level, Watch Out for Buy!
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Dash 2 Trade Price Forecast: D2TUSD Heading Towards $0.1000 Supply Level, Watch Out for Buy! (June 1)
The Dash 2 Trade (D2TUSD) price is likely to grow more and an opportunity for long investors is near as the coin now faces a new correction at the $0.01186 resistance value to resume its upward rally. A possible breakout from this resistance will offer a higher footing for prices to bolster further price rallies.
Having finished the downward correction, the crypto might likely continue its upside move if the current support at $0.01167 value holds, and the 4-hourly chart closes above the $0.01562 resistance level, then there is a high probability of the price heading towards the $0.1000 upper resistance trend line and beyond.
Key Levels:
Resistance levels: $0.01800, $0.01900, $0.02000
Support levels: $0.01000, $0.00900, $0.00800
D2T /USD Long-term Trend: Bullish (4H)
The momentum on the higher timeframe (4H) is bullish. So it seems likely that the bulls are about to take over and push the market price of Dash 2 Trade higher.
The price bars are seen above the two EMAs, this means that buyers are coming in gradually to dominate the market.
Market price reversal at level $0.01171 indicates that D2TUSD investors are active and ready to move the price up to a significant level at the upside. Further, the rising prices reclaimed more confirmation for a bullish recovery.
The bulls increase their pressure and move the market price of the crypto up to the $0.01186 high level above the moving averages as the 4-hourly chart opens today. This makes it possible for Dash 2 Trade to remain positive and good for a BUY position.
Therefore, if the bulls should increase their tension in the market, the price tendency will move higher above the key levels and will be a good time for the coin buyers to invest.
In addition, the daily stochastic indicates an upward trend, this means that the buy investors may likely continue with the bull run and the target might be the $0.1000 upper resistance level soon in its long-term outlook.
D2T/ USD Medium-term Trend: Bullish (1H)
The Dash 2 Trade’s price is losing bearish momentum in its medium-term outlook as it rises above the $0.01167 resistance level. The currency pair’s orientation trades in a general bullish flow.
The cryptocurrency has completed its correction and is now set for upward momentum. The bulls have decided to shift the trend up after a series of lows shortly after today’s 1-hourly chart opens.
An increase to the $0.01186 resistance level above the supply trend level suggests the returns of the buy traders in the market. The market participants are responding to this pattern, and its breakout should offer a good entry opportunity.
If the price sustains above the $0.01250 supply level, we can expect a good upside move up to its previous swing high of $0.01314, and then we can buy there as well.
In a like manner, the momentum indicator which is pointing up also indicates that the price action of D2TUSD will remain on the upside and a $0.1000 upper resistance level might be the target in the days ahead in its medium-term perspective.
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