Dash 2 Trade Price Predictions for Today, November 23: D2TUSD Next Uptrend Targets $0.01000 Supply Mark
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Dash 2 Trade Price Forecast: D2TUSD Next Uptrend Targets $0.01000 Supply Mark (November 23)
After completing the downward moves by the bears, the D2TUSD pair has just resumed its bullish rally after hitting the $0.00443 low level to signal a pump. The coin is presently on its way to new resistance trend levels and the next uptrend by the long traders targets the $0.01000 supply mark. The crypto’s price may continue its upside moves to retest the $0.00553 previous high level which could further target the $0.01000 supply amidst the market surge, provided buyers increase their actions in the market. Hence, an intraday gain for the buy traders.
Key Levels:
Resistance levels: $0.00900, $0.01000, $0.01100
Support levels: $0.00500, $0.00400, $0.00300
D2T (USD) Long-term Trend: Bearish (4H)
D2TUSD is bearish in its long-term outlook. The price responded to the shift in the market structure and is currently trading below the moving averages.
The crypto price has been below the supply trend levels since its most recent low due to the persistent bearish pressure over the last few days. However, the current trend will soon be nullified as the market has now resumed its bullish race to the overhead resistance.
The coin is recovering from the recent correction as fresh buying emerges near the supply level following the upward race. The altcoin has completed its correction and is now set for an upswing. The bulls have decided to shift the trend up after a series of lows shortly after today’s 4-hour chart opens.
With the positive sentiment, the Dash 2 Trade price rallied up to the $0.00444 resistance value below the moving averages as a pullback and breached the $0.00443 barrier as the 4-hour chart opens today.
Thus, a possible breakout from the $0.00444 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 market is now pointing up below the 1% range of the daily stochastic. This means that the crypto market is oversold and the emergence of bullish pressure is crucial at this moment.
Hence, the bulls are expected to turn around the price of D2TUSD and the next uptrend target might be the $0.01000 upper supply value amidst a market surge in the days ahead in its higher time frame.
D2T (USD) Medium-term Trend: Bearish (1H)
D2TUSD indicates a downward trend with a bearish sentiment in its long-term perspective. The coin is trading below the two EMAs which confirm its bearishness.
The sustained bearish pressure at the $0.00443 support value in the previous action has made the crypto price drop below the supply levels in recent times. However, the bulls are now set to further swing up the coin price to its new resistance trend levels.
The current price of Dash 2 Trade at the $0.00444 supply level below the EMAs is a healthy retracement in the crypto price and should bolster buyers for higher recovery. Thus, a possible breakout from the $0.00444 neckline will accelerate the buying momentum and push the prices higher to hit the 0.00497 previous resistance levels.
Additionally, the pair has a target price of $0.01000 upper supply level amidst the market surge as it continues its uptrend movement to the upper resistance as indicated by the daily stochastic pointing upwards. Hence, the mentioned target might be reached in the coming days from a medium-term perspective.
Dash 2 Trade Development Update: Improved event handling, new tables made specifically for auto traders, bug fixes, and further backend caching work.
Dash 2 Trade Development Update:
— Dash 2 Trade (@dash2_trade) November 22, 2023
22.11.2023
Enhanced autotrader functionalities, updated event handling, created specific tables, fixed bugs, and ongoing work on backend caching.
-Improvements to PNL, API adding process, exchange selection for autotrader.
-Updates to events:… pic.twitter.com/SAiFPtUlcv
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