Dash 2 Trade Price Predictions for Today, September 21: D2TUSD Price Set for the Next Recovery Rally
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Dash 2 Trade Price Forecast: D2TUSD Price Set for the Next Recovery Rally (September 21)
The Dash 2 Trade market price is set for another recovery rally after a long dip dump by the bears. The crypto is recovering steadily and may soon hit the accumulation zone of long-term traders. In case buyers manage to break up the pattern’s resistance trend line at a $0.00916 high value, a possible relief rally may drive the coin market price to the $0.01000 upper resistance mark, which would attract more buyers for future gains and prevent further decline.
Key Levels:
Resistance levels: $0.01000, $0.01100, $0.01200
Support levels: $0.00900, $0.00800, $0.00700
D2T /USD Long-term Trend: Bearish (4H Chart)
The Dash 2 Trade price is bearish on the higher time frame. This is due to the high impact of the sell traders. The high order flow from the bears during yesterday’s session also added to this bearishness. However, the bulls are now set for the next recovery rally to turn around the trend.
Today, the buy traders made a correction at a $0.00576 value which further increases to the $0.00580 supply mark below the moving averages to resume its uptrend. This indicates an established bull trend.
A potential upswing would be achieved if buyers could break above the August 28th high of $0.00916 level. The post-breakout rally could lead the price of D2TUSD to the overhead resistance territory.
Notably, it is very likely that the bulls will continue rising as indicated by the daily signal, pointing in an upward direction. Thus, the next recovery target might be the $0.01000 high mark in the days to come in its higher time frame.
D2T /USD Medium-term Trend: Bullish (1H Chart)
D2TUSD is showing a more bullish impact in its lower time frame. The bulls are having the market at their disposal at the moment.
After completing the low-dips at a $0.00576 low value, the bulls’ pressure on the crypto to the $0.00576 supply value during the past session has sustained the coin price above the resistance trend levels in its recent price level.
Today, the Dash 2 Trade price showed silent recovery under the influence of a rising trend line at the $0.00580 supply value above the EMA-9. This level is critical for the resumption of the uptrend and, therefore, must be defended by the bulls at all costs.
Hence, should buyers trigger a breakout above the $0.00626 resistance level, a breakout above this barrier, with a 1-hour candle closing could signify a shift in the market dynamics.
Such a breakthrough would provide an opportunity for buyers to regain control and potentially drive the price toward the overhead resistance territory.
More to that, if the buy traders successfully keep the D2TUSD prices above the $0.00626 price level, the target might be the $0.01000 supply level soon in its lower time frame.
Smart Money Insights: Signs of Life in “Red September”: Relievement comes from the past week’s good stablecoin exchange flows and price action.
🔍 Smart Money Insights 🚀
— Dash 2 Trade (@dash2_trade) September 20, 2023
📈 Signs of Life in "Red September": Positive price action and net positive stablecoin exchange flows in the past week bring relief.
🧐Smart Money remains cautious with stablecoin holdings at around 16%, indicating no rush back into the market.
📅Q4… pic.twitter.com/beHAZcPhrC
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