Dash 2 Trade Price Predictions for Today, October 24: D2TUSD Looks Promising at $0.00408 Supply Value
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Dash 2 Trade Price Forecast: D2TUSD Looks Promising at $0.00408 Supply Value (October 24)
D2TUSD is actually making positive moves and looks promising at the mentioned supply level at the moment. There is a possibility for the crypto to swing up further and test the supply level of $0.00590 soon if buyers can put more effort into their tension in the market. Therefore, should the bulls increase their pressure, the resistance level of $0.00590 may not hold and it may extend 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: Bullish (4H Chart)
D2TUSD indicates an upward trend and looks promising with a bullish sentiment in its long-term perspective. The coin is trading above the level of $0.00393 and also facing resistance at the recent high.
The sustained bullish pressure pushed the pair up to the $0.00396 resistance level during the past session and sustained it; this has made it possible for the coin to remain strong above the supply levels in its recent price level.
The bulls’ action increases the price of Dash 2 Trade up to the $0.00408 resistance level above the EMA-9 even as the 4-hour session opens today. Thus, a break above the $0.00509 previous high barrier would intensify the buying pressure on the crypto.
Notably, the momentum indicator also signaled up indicating an uptrend. Buyers are expected to continue with the trend and in this case, the price might possibly retest the $0.00509 resistance value soon in its long-term perspective.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
On the medium-term outlook, the D2TUSD pair is in a strong resistance zone. Firstly, the crypto has broken above the moving averages which indicates a possible rise of the pair. The pair is currently above level $0.00393.
The bulls were able to push the cryptocurrency up to the $0.00393 resistance value during yesterday’s session and have enhanced the price to stay in green above the supply trend levels in its recent high.
The market price is currently trading at the $0.00408 resistance level above the moving averages, this means that the bulls are in control of the market at the moment.
A strong push by the long traders above the $0.00485 previous high point with a 1-hour candle closing could signify a shift in the market dynamics.
In addition to that, the uptrend is currently facing resistance at level $0.00408, therefore if additional selling power is prevented the price of Dash 2 Trade may likely hit the previous high of $0.00590.soon in its medium-term time frame.
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