Dash 2 Trade Price Predictions for Today, June 30: D2TUSD Potential for an Upward Rally, Buy Now!
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Dash 2 Trade Price Forecast: D2TUSD Potential for an Upward Rally, Buy Now! (June 30)
The D2TUSD price at the moment is currently recovering and may also remain strong above the supply levels soon. The crypto is showing positive signs above the $0.00750 supply value and has a potential for an upward rally as the price will most likely continue its bullish run. If the coin holders could prove stronger and the price shows sustainability above the $0.00983 previous high value, its upside moves could extend further to reach the $0.1000 upper resistance level and beyond, resulting in an intraday gain and a potential buy signal for the coin holders.
Key Levels:
Resistance levels: $0.01200, $0.01300, $0.01400
Support levels: $0.00900, $0.00800, $0.00700
D2T (USD) Long-term Trend: Bearish (4H)
The D2TUSD pair is showing a bearish display in its long-term perspective. The price responded to the shift in the market structure and is currently below the moving averages.
This is due to the high inflow from the sell traders. However, there is about to be a turnaround for the coin buyers as the selling pressure seems exhausted.
The sustained pressure from the bears at the $0.00749 support level in the past action has contributed to its bearishness in recent times.
The coin price on the 4-hourly chart today is currently facing resistance and trading at the $0.00789 correction level. Further, the rising prices reclaimed more confirmation for a bullish recovery. More upsides are possible if it breaches the moving averages.
With the overall market trend still bearish, Dash 2 Trade price is likely to plunge higher and retest the high accumulation zone of $0.00983, if the bulls could accelerate their buying pressure.
In a like manner, the crypto is trading in the oversold region, under the influence of this market level, the coin should rise steadily soon and break up the peak at the $0.00983 level to reach the $1.000 resistance level in the coming days as we watch the crypto market turns bullish soon in the long-term perspective.
D2T (USD) Medium-term Trend: Bullish (1H)
The market price of D2TUSD is currently trading in the bullish market zone. This is due to the high inflows from the buy traders. So it seems likely that the bulls are about to take over and push us higher to the upper resistance trend levels.
The bullish impact on the crypto to the $0.00748 supply level during the previous action has sustained its firmness above the supply levels in its recent high.
The strong push by the bulls to the $0.00789 resistance level above the EMA-9 with its wick higher above the EMA-50 as the 1-hourly chart opens today shows that the buying activities are rising. Thus, if the long traders could break above the $0.00851 supply mark, the bearish thesis will be invalidated.
Thus, Dash 2 Trade is pointing up on the momentum indicator, this indicates that the coin price will still continue in an upward move and in this case, the $1.000 supply level may be the target in its medium-term time frame.
The D2T team’s quotation of the day;
Backtesting highlights the critical relevance of identifying methods that do not work in addition to the pursuit of effective trading strategies.
Start doing backtests now!
Quote of the day from the D2T team
— Dash 2 Trade (@dash2_trade) June 29, 2023
"Backtesting goes beyond the pursuit of finding successful trading strategies; it also emphasizes the crucial importance of recognizing strategies that do not work."
Start backtesting today!#Learn #trading
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