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May 11, 2023#D2T#D2TUSD#Dash 2 Trade#Technical Analysis

Dash 2 Trade Price Predictions for Today, May 11: D2TUSD Looks Promising at the $0.01544 Resistance Value, Purchase Now!

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Dash 2 Trade Price Predictions for Today, May 11: D2TUSD Looks Promising at the $0.01544 Resistance Value, Purchase Now!

Dash 2 Trade Price Forecast: D2TUSD Price Looks Promising at the $0.01544 Resistance Value, Purchase Now! (May 11)
The Dash 2 Trade (D2TUSD) is on its way to the overhead trend levels and looks promising at the $0.01544 resistance value. Based on the outlook, should the bulls push higher and close above the $0.02338 high mark, a bullish breakout confirmation will reflect the improved market sentiment and this might push the coin price to the $0.25000 upper supply trend level which indeed will be a turnaround for the coin holders.

Key Levels:
Resistance levels: $0.01550, $0.01600, $0.01650
Support levels: $0.01300, $0.01250, $0.01200

D2T (USD) Long-term Trend: Bullish (4H)
The D2TUSD market remains bullish on the higher time frame. This is clear as we can see the price trading above the EMAs.
Dash 2 Trade Price Predictions for Today, May 11: D2TUSD Looks Promising at the $0.01544 Resistance Value, Purchase Now!
The bulls’ activity at the $0.01239 supply level during yesterday’s session has made the coin price remain strong above the supply trend line in its recent high.

The coin price is currently meeting resistance and trading at the $0.01544 correction level on the 4-hourly chart. This indicates that the traders are actively buying at this level. Further, the rising prices reclaimed more confirmation for a bullish recovery.

Hence, staying above the supply levels indicates a strong possibility for a bullish correction. A strong break up above the $0.02338 resistance point by the long traders would strengthen the bullish pressure.

This might possibly extend the price of Dash 2 Trade to the $0.25000 upper resistance level in the days ahead in its higher time forecast.

D2T (USD) Medium-term Trend: Bullish (1H)
The D2TUSD pair is trading in a bullish market in its medium-term outlook. The coin price can be seen above the supply trend levels approaching the overhead resistance. This is due to the high influence of the buy traders.
Arbitrum (ARBUSD) Price Attempting the Upcoming Uphill Rally Arbitrum Price Forecast: May 11 The Arbitrum price is in an attempt for the next upcoming uphill rally. The coin is moving upward, and if all support levels hold and resistance breaks out of the $1.120 level, we can see a further change in the coin price to retest the $1.819 high value. The ARBUSD price may likely grow higher to hit the $2.000 upper resistance level and beyond. Key Levels: Resistance Levels: $1.550, $1.650, $1.750 Support Levels: $1.250, $1.150, $1.050 ARBUSD Long-term Trend: Bearish (4H chart) Arbitrum is in a bearish trend in its long-term view. Further, the price is trading below the two EMAs; it means that it’s in a bearish market zone at the moment. The price of the cryptocurrency has fallen below the supply trend lines as a result of the bears' pressure, which brought it to a low of $1.030 value during the previous action, but it now appears like the bulls are set to take control and drive us upward. The price responded to the shift in the market structure and is currently below the moving averages at the $1.120 resistance value as the 4-hourly chart opens today as the bulls took to their stand to resume the uphill rally. Meanwhile, further increase in the buying pressure will invalidate any further bearish thesis. Additionally, the daily stochastic suggests an uptrend. This indicates a bullish continuation to the upward, which will allow the bulls to continue the current uphill rally and may soon result in the $2.000 upper resistance trend line or higher in the long-term forecast. ARBUSD Medium-term Trend: Bullish (1H chart) ARBUSD market remains bullish on the medium-term outlook. This is clear as we can see the prices trading above the EMA-9. The sustained bullish pressure pushed the currency pair up to the $1.179 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 price of Arbitrum is still moving upwards at the $1.106 supply value above the EMA-9 despite the sell traders' movements as the 1-hourly chart opens today. Hence, maintaining above the moving average will actually allow the coin to rise higher, resulting in an intraday gain for the coin buyers. Also, the market is currently trending upward as shown by the daily stochastic. This indicates that the market value of the ARBUSD will continue to rise. In light of this, it is anticipated that the bulls will swing the coin price upward and may eventually hit the $2.000 supply value in the next days in its medium-term perspective. Place winning Arbitrum trades with us. Get ARB here
The coin was able to reach a high of $0.01239 level in the previous action which has actually made it capable for the buy investors to retain the upward strength in its recent high.

The coin price finds a reliable resistance at around the $0.01384 mark above the two EMAs, resulting in intraday gains as the 1-hourly session resumes today. Therefore, if the bulls increase their tension in the market, the price tendency will move above the key levels.

Furthermore, Dash 2 Trade price is in an upward direction as indicated by the price indicator, this implies a high possibility for a bullish trend continuation. As a result of that, the coin price might swing up to its recent swing high, which is the $0.01620 supply level and this may possibly increase to the $0.25000 supply mark in the coming days in the medium-term outlook.

Discover how the Dash 2 Trade dashboard may assist you in making better trades by getting a thorough overview of it.

 

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