Dash 2 Trade Price Predictions for Today, November 11: D2TUSD Price Could Hit the $0.01000 Supply Mark Amidst Market Uncertainty
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Dash 2 Trade Price Forecast: D2TUSD Price Could Hit the $0.01000 Supply Mark Amidst Market Uncertainty (November 11)
In spite of the market’s uncertainties, the price of Dash 2 Trade (D2TUSD) could hit the $0.01000 supply mark. This will be reached; in the event that buyers increase their purchases, the bullish correction pattern may push the price of the coin back to its previous high of $0.00553, and it may even reach the upper supply trend line of $0.01000 and beyond.
Key Levels:
Resistance levels: $0.00800, $0.00900, $0.01000
Support levels: $0.00500, $0.00400, $0.00300
D2T (USD) Long-term Trend: Bullish (4H Chart)
The chart below shows that the D2TUSD pair is in a bullish market zone in its long-term perspective. The price is currently recovering and trades above the EMA-9. This is an indication of an uptrend.
The bullish reversal at the $0.00482 high value in the previous action has sustained the crypto above the trend line in its recent high.
As a result of price rejection in the previous action, buyers have been able to push the price of Dash 2 Trade higher to a $0.00483 high level above the EMA-9 as the 4-hour session opens today.
Thus, a possible breakout from the $0.00483 current supply neckline will accelerate the buying momentum and push the prices higher to hit the 0.00553 previous resistance levels. This will bolster more buying pressure on the crypto to the upper resistance levels.
Notably, the momentum indicator pointing upwards suggests the continuation of the bullish trend. This means that the price of D2TUSD might possibly retest the previous high of $0.00553 value which could further hit the $0.01000 upper resistance value in the coming days in its long-term outlook.
D2T (USD) Long-term Trend: Bullish (1H Chart)
Upward pressure still dominates the D2TUSD market in the medium-term time frame. The price currently trades above the two moving averages, which affirms its bullish trend.
The bulls managed to reach and hold a $0.00476 resistance level during yesterday’s session, which really enabled the price to rise further in its recent high.
As the 4-hour session began today, the market value of Dash 2 Trade at a $0.00483 supply value above the two moving averages confirms that there are more buyers in the market. This will give the crypto a high tendency to rise further.
In addition, if the bulls could push harder and sustain the coin price above the $0.00553 previous high, the resulting rally may surpass the $0.00600 level and hit the $0.01000 psychological level at the upside in the days ahead in its medium-term perspective.
Even though the price action hasn’t been as volatile as it was a few weeks ago, the general sentiment is still positive after another week. In the last two months, we have seen a nearly 40% increase in Bitcoin with little regression.
🚀 Smart Money Insights📊
— Dash 2 Trade (@dash2_trade) November 9, 2023
Another week has passed, and the overall sentiment remains high, even though the price action hasn't been as explosive as a few weeks ago. We're almost 40% up on Bitcoin over the past two months, with minimal retracement.
📈 A significant part of this… pic.twitter.com/GsKqf7tnt4
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