Dash 2 Trade Price Predictions for Today, November 4: D2TUSD Shows Stability as it Reaches the $0.00500 Upper Resistance Level

Dash 2 Trade Price Forecast: D2TUSD Shows Stability as it Reaches the $0.00500 Upper Resistance Level (November 4)
Dash 2 Trade is on the positive side today. This chart setup is considered a bullish continuation pattern as it reaches the $0.00500 upper resistance level indicating an optimistic approach for November. If the coin holders could prove stronger and the price shows sustainability above the $0.00500 current price level, its upside moves could trigger up to reach the $0.01000 upper resistance level and beyond, thus a clear buy signal and, a great opportunity for the long investors.

Key Levels:
Resistance levels: $0.00950, $0.01000, $0.01100
Support levels: $0.00600, $0.00500, $0.00400

D2T (USD) Long-term Trend: Bullish (4H Chart)
Amid the recent market uncertainties, D2TUSD is at the moment trading strongly and remains unstoppably firm above the supply levels in the long-term outlook.

The price currently trades at the upper resistance area which indicates a strong bullish trend. This breakout triggers a smooth bull cycle pattern, which in theory, should lead the prices above the overhead trend line.

During yesterday’s session, the pair reached and held the $0.00478 resistance level. This has made it possible for the coin to remain in an uptrend in its recent high.

The bulls successfully pushed the Dash 2 Trade price up to the $0.00500 upper high mark above the resistance trend lines as the journey up north continues shortly after the 4-hour chart opens today. This indicates that the bulls remain dominant and have the market price at their disposal at the moment.

Further increase in the buying pressure will lead the price of D2TUSD to the $0.01000 upper resistance mark which would possibly pave the way for more gains to the coin buyers.

Notably, the long traders are seen clustering around the market: therefore, the bulls could aim at the psychological level of $0.01000 upper resistance value soon as the crypto remains firm above the supply levels in its long-term perspective.

D2T (USD) Medium-term Trend: Bullish (1H Chart)
Dash 2 Trade is also displaying a bullish posture in its medium-term outlook. The price bars can be seen trading at the upper resistance area, indicating a high bullish trend. This is due to the high inflow of the long traders.

The bullish impact on the crypto to the $0.00439 supply level during the previous action has sustained its firmness above the supply levels in its recent high.

Today, the bulls made an impulse move to the $0.00500 upper resistance value above the moving average lines as the 1-hour chart opens. The D2TUSD price looks promising as the bulls remain dominant in the market at the moment.

If the bulls should increase their price action, and bullish momentum is sustained far above the current resistance trend lines, further bearish sentiment will be hibernated.

Additionally, the daily stochastic shows that the coin may likely continue in an uptrend if the bulls push harder. Hence, if the coin buyers manage to break above the current supply trend line, the market participants may witness a new recovery rally and this may likely reach the $0.01000 upper high mark soon in its medium-term outlook.

Smart Money Insights: The percentage of Smart Money Stablecoin holdings has dropped significantly to 11.7%. These levels were last observed in January 2022, following the ascent of the preceding Bull Market from its 7% low in November 2021. August 2021 was the last time we observed 11–12% in a falling pattern.

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💼 Smart Money Stablecoin holdings have taken a significant nosedive, down to 11.7%. The last time we saw these levels was in January 2022, during the previous Bull Market's climb from the 7% low we had in… pic.twitter.com/vc2IMR7Y30

— Dash 2 Trade (@dash2_trade) November 2, 2023

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