Dash 2 Trade Price Predictions for Today, November 27: D2TUSD Price Will Increase Further, Breakout is Imminent
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Dash 2 Trade Price Forecast: D2TUSD Price Will Increase Further, Breakout is Imminent (November 27)
The Dash 2 Trade (D2TUSD) pair is on its way to the upper resistance trend lines, the coin price will increase further if all the current support holds and the bulls should trigger their efforts and break the $0.00553 supply trend line, the bullish correction pattern may likely extend the coin price to hit the $0.01000 upper high mark. Thus, a turnaround and clear buy signal for the coin holders.
Key Levels:
Resistance levels: $0.00800, $0.00900, $0.01000
Support levels: $0.00500, $0.00400, $0.00300
D2T (USD) Long-term Trend: Bearish (4H Chart)
The momentum on the long-term outlook looks bearish; this is due to the high order flow of the sell traders. The price of Dash 2 Trade can be seen slightly below the EMAs. Thus, the bulls are capable of pushing higher from this trend line as we can see a new correction in place.
The sustained bearish pressure to a $0.00426 low level in the previous session also contributed to the bearishness of the crypto in its recent price level.
The D2TUSD market finds a reliable resistance at the $0.00428 mark below the EMA-9, resulting in intraday gains as the 4-hour chart resumes today. This suggests that the bulls are gradually coming to stage a play and remain dominant in the market.
A significant push above the previous high point of $0.00553 by the long traders, followed by a four-hour candle closing, may indicate a change in the dynamics of the market.
Such a breakthrough would provide an opportunity for buyers to regain control and potentially drive the price of Dash 2 Trade toward the $0.01000 resistance mark.
Additionally, there is likely to be a further increase in the price of D2TUSD as indicated by the daily signal which is pointing upwards. We can therefore expect the buy traders to push the coin price above the overhead resistance trend line which may possibly reach the $0.01000 upper supply trend line in the coming days in its higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
The D2TUSD pair remains in the bullish market zone in its medium-term view. The market price staying above the resistance trend line confirms its bullishness and the high impact of the bulls. The coin has been making higher highs and higher lows in previous actions; this has made it possible for the price to maintain an uptrend in its recent high.
After the completion of the sideway moves at the $0.00426 supply level, buyers successfully pushed the market price of Dash 2 Trade above the EMA-9 at the $0.00428 supply level as the 1-hour chart opens today.
Hence, we have a bullish bias that the coin price will increase further to the upsides if the buying pressure should increase.
Currently, the crypto is making a correction as indicated by the daily stochastic, therefore there may be a potential rise in the Dash 2 Trade price and this may possibly retest the previous high at the $0.00476 supply level which might further extend the coin price to the $0.01000 upper high trend line in the coming days in its medium-term outlook.
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