Dash 2 Trade Price Predictions for Today, October 16: D2TUSD Bulls Regain Control, as Buying Pressure Mounts
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Dash 2 Trade Price Forecast: D2TUSD Bulls Regain Control, as Buying Pressure Mounts (October 16)
The ongoing trend in D2TUSD price has made the coin bulls regain control while the buying pressure mounts. The coin is currently recovering and also remains firm above the supply trend levels negotiating the upper resistance level. If the coin holders could prove stronger and the price shows sustainability above the $0.00591 previous high value, its upside moves could extend further to reach the $0.01000 resistance level and beyond.
Key Levels:
Resistance levels: $0.00600, $0.00650, $0.00700
Support levels: $0.00500, $0.00450, $0.00400
D2T (USD) Long-term Trend: Bullish (4H Chart)
The D2TUSD pair is still in an uptrend in its long-term outlook despite the inflows from the sell traders. The price bars can be seen slightly above the moving averages, indicating an uptrend.
The sustained bullish pressure at the $0.00477 high value in the previous action has made it possible for the crypto to remain stronger above the supply trend lines in its recent high.
Despite the interaction from the bears, the bulls successfully pushed the coin price up to the $0.00488 high mark above the resistance trend lines as the journey up north continues shortly after the 4-hour chart opens today, indicating buyers’ strong influence on the D2TUSD market.
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 Dash 2 Trade to the $0.00591 high mark which may possibly accelerate the bullish momentum and extend the ongoing correction to a higher level.
Additionally, the daily stochastic indicates an uptrend, hence, there is a tendency for the coin to rise further, if the support level holds, this will enable buyers to take the price up to a high of $0.01000 value soon in its long-term perspective.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
D2TUSD is also showing more bullish impact on its medium-term outlook. The bulls are having the market at their disposal at the moment. 
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.
The bulls made an aggressive move up to the $0.00488 resistance level above the two EMAs shortly after the 1-hour chart opened today. The price, wavering above the moving averages indicates the high impact of the bulls. This however makes it possible for the coin to rise further.
Additionally, with buyers clustering around the market as indicated by the daily price signal, the price of Dash 2 Trade is expected to rise above the $0.00507 supply value which could further extend to the $0.01000 upper resistance mark in the days ahead in its medium–term outlook.
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