Dash 2 Trade Price Predictions for Today, October 23: D2TUSD Price to Increase to the $0.01000 Resistance Level
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Dash 2 Trade Price Forecast: D2TUSD Price to Increase to the $0.00100 Resistance Level (October 23)
D2TUSD is facing a new correction after completing the downside moves and may increase to the $0.01000 resistance level soon. There is a possibility for the coin price to keep rising and may likely retest the $0.00632 high value. The coin price may likely continue with the high hike provided buyers don’t give up and increase their momentum pressure in the market. The coin might turn upside down further to a $0.01000 high level and beyond.
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 Chart)
D2TUSD indicates a downward trend with a bearish sentiment in its long-term perspective. The coin is trading below the two EMAs. However, the market is presently facing resistance at the recent high and may increase to a $0.01000 high mark soon.
The market has been slowed down in recent times due to the interaction from the bears to a $0.00377 low value. The cryptocurrency has completed its correction and is now set for an upward momentum. The bulls have decided to shift the trend up after a series of lows shortly after today’s 4-hour chart opens.
The pullback at the $0.00417 resistance level below the supply levels suggests the returns of the buy traders in the market. The market participants are responding to this pattern, and its breakout should offer a good entry opportunity.
Hence, this bullish reversal pattern could assist the coin buyers in challenging the $0.00632 neckline barrier and increasing the overhead resistance area.
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 soon in its long-term perspective.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
The Dash 2 Trade market is now trading in a bullish market zone in the medium-term time frame. The price bars are showing above the EMA-9, approaching the EMA-50 indicating that the bulls are regaining market strength. So it seems likely that the bulls are about to take over and push us higher. 
The coin made it to the $0.00398 high level during the previous action and has made the price remain in green at the uptrend in its recent price level.
The bulls made an aggressive move up to the $0.00417 resistance level above the EMA-9 shortly after the 1-hour chart opened today. This however makes it possible for the coin to rise further.
Trading above the moving averages will enable the market value of D2TUSD to keep pushing up. Therefore, if the bulls should add more aggression to their activities in the market, the $0.01000 resistance level might be reached soon in its medium-term time frame.
Candlestick strength decoded: Sellers and buyers are always in a tug-of-war. Candlesticks can reveal a lot about current trends and important information.
📊Candlestick strength decoded:
— Dash 2 Trade (@dash2_trade) October 20, 2023
📈Buyers and sellers engage in a constant tug-of-war.
Candlesticks can tell a lot about who's winning at the moment, and what to pay attention to.
💡Have you ever used candlestick strength in your analysis? pic.twitter.com/ldpJMWXRJ9
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