Dash 2 Trade Price Predictions for Today, October 9: D2TUSD Price Initiates another Uptrend at $0.00495 High Level
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Dash 2 Trade Price Forecast: D2TUSD Price Initiates another Uptrend at $0.00495 High Level (October 9)
The high buying level of D2TUSD buyers has made the coin market initiate another uptrend at the current price level of $0.00495. The crypto at the moment is currently recovering and facing the upper channel. Thus, if the coin closes above a $0.00632 high mark, the accelerated buying pressure may increase the coin price to reach the $0.01000 upper resistance level, and a potential buy signal.
Key Levels:
Resistance levels: $0.00800, $0.00900, $0.01000
Support levels: $0.00500, $0.00450, $0.00400
D2T (USD) Long-term Trend: Bullish (4H Chart)
Dash 2 Trade price initiates another uptrend and also turns positive again today. The momentum on the higher timeframe (4H) is bullish. So it seems likely that the bulls are about to take over and push us higher.
During yesterday’s session, the pair reached and held the $0.00494 resistance level. This has made it possible for the coin to remain in an uptrend in its recent high.
Today’s 4-hourly bullish candle at the $0.00495 supply value above the moving average confirms the bulls’ dominance in the market. This breakup may possibly accelerate the bullish momentum and extend the ongoing correction to a higher level.
Additionally, the price of D2TUSD might increase further if the bulls could push harder, if this is achieved, the price might possibly bounce up to the $0.01000 resistance level in the nearby days and beyond in its higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
From the chart below we can be assured that D2TUSD is in a bullish move in its medium-term view. The price bar can be seen above the moving averages. This shows that buyers are currently gaining more strength in the market.
The increase in the momentum by the bulls at the $0.00493 supply value during yesterday’s session has enabled the Dash 2 Trade price to stay strong above the resistance lines in its recent high.
The market price of D2TUSD has just broken up the EMAs at the $0.00495 supply level as the 4-hour chart opens today. This will give the crypto a high tendency to rise further.
Therefore, a potential upswing above the $0.00509 previous high would get better confirmation of a bullish recovery which would lead the price to the upper resistance territory.
Notably, the daily stochastic signals an uptrend, if the bulls could push harder and sustain the coin price above the $0.00509 previous high, the resulting rally may surpass the $0.00632 level and hit the $0.01000 psychological level at the upside in the day ahead in its medium-term perspective.
Dash 2 Trade Updates: After listening to our community, we will now keep you informed of the progress made on all platform features, even those that are being developed but are not yet operational. Please share your thoughts on this choice with us!
Dash 2 Trade Development Update:
— Dash 2 Trade (@dash2_trade) October 4, 2023
04.10.2023
‼️ Important Update ‼️
We have heard our community, and from this point on we will update you on the work done for all features across the platform, including the ones that are being worked on but not live yet. Let us know what you… pic.twitter.com/AcpJmBPan6
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