Dash 2 Trade Price Prediction for Today, September 15: D2TUSD Price Is Recovering Steadily, Targeting the $0.01000 High Mark
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Dash 2 Trade Price Forecast: D2TUSD Price Is Recovering Steadily, Targeting the $0.01000 High Mark (September 15)
Dash 2 Trade at the moment is actually on its way to the critical supply level. The coin is currently recovering steadily and facing the upper channel. Thus, should the bulls add more effort to their buying pattern and close the daily candle above the previous high of $0.01197 value, the accelerated buying pressure may increase the coin price to reach the $0.01000 upper resistance level and beyond. Thus, a potential buy signal.
Key Levels:
Resistance levels: $0.01000, $0.01100, $0.01200
Support levels: $0.00800, $0.00700, $0.00600
D2T /USD Long-term Trend: Bearish (4H)
On the higher time frame, prices of Dash 2 Trade are below the moving averages and have confirmed a bearish momentum. This is due to the high inflow from the sell traders. However, there is about to be a turnaround for the coin buyers as we are seeing a new bullish correction in place.
The sustained bearish pressure at a $0.00608 low value in the past session has made the crypto price remain below the supply trend levels in its recent price level.
The market price of D2TUSD at the $0.00610 level which later increases to a $0.00613 high level as a pullback slightly below the moving averages shortly after the 4-hourly chart opens today indicates that bulls are more active in the market at the present.
This level is critical for the resumption of the uptrend and, therefore, must be defended at all costs.
Thus, if the bulls regroup and push higher, a steady rise above the mentioned supply value will accelerate the new correction phase to a significant key level around $0.01197 price level which would be a better signal of a bullish recovery.
Hence, more upsides are expected as the D2TUSD market is also pointing up in the oversold region of the daily stochastic; this means that the selling pressure has ended and the bulls are now set to take us higher and in this case, the $0.01000 supply level might be the target soon in the higher time frame.
D2T /USD Medium-term Trend: Bullish (1H)
The momentum on the medium-term time frame (1H) is undeniably bullish. This is clear as we can see price trading above the EMA-9 approaching the overhead resistance.
The bulls have sustained the Dash 2 Trade market at the $0.00608 supply value in the previous action, which has made it possible for the coin to stay above the trend line and remain strong presently.
A rise to a $0.00613 high level by the coin buyers shortly after the 1-hour opens today affirms the returns of the long traders into the market. Thus, the price of Dash 2 Trade is prepared to advance further if the bulls can redouble their efforts and push above the current supply level.
Thus, if buyers could trigger a breakout above the $0.00683 resistance level with a candle closing above this barrier, such a breakthrough would create an opportunity for buyers to regain control and potentially drive the price toward the upper resistance territory.
Further, continuation to the north is likely as the bulls are seen clustering around the coin market presently. So we can expect a steady increase in the price of Dash 2 Trade to reach the $0.01000 resistance level as the journey up north continues in its medium-term outlook.
With stablecoin holdings at 15%, Smart Money is still on the cautious side, probably in preparation for “red September.” When they think we’ve reached the bottom, they’ll be ready to buy.
🔍 Smart Money Insights 🚀
— Dash 2 Trade (@dash2_trade) September 13, 2023
📉 September: The Bear's Grip Tightens!
Smart Money remains cautious, with stablecoin holdings around 15%, a move likely in anticipation of "red September." They're preparing to buy when they believe we've bottomed.
In uncertain times, Smart Money… pic.twitter.com/VuabULoMxr
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