Dash 2 Trade Price Predictions for Today, October 17: D2TUSD Price Pumping Again, Time to Buy!
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Dash 2 Trade Price Forecast: D2TUSD Price Pumping Again, Time to Buy! (October 17)
Dash 2 Trade (D2TUSD) price at the moment is currently recovering and facing the upper channel, pumping up again and indeed a good time to buy for the coin traders. If the coin price could sustain above the pattern supply trend line to revisit the previous high of $0.00590 value, the potential recovery could assist buyers to reach the $0.01000 upper high level, indicating a growth opportunity of 80%. Thus, a real buying time for coin traders.
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)
From the chart below, we can be assured that upward pressure still dominates the D2TUSD pair in the higher time frame. The coin is trading slightly above the EMA-9 and also facing resistance at the recent high.
However, the bulls’ pressure to the $0.00479 high value in the previous action has sustained the coin price above the resistance trend levels in its recent high.
Today’s 4-hour bullish candle at the $0.00481 value which further rises to a $0.00483 supply mark above the EMA-9 confirms the bulls’ dominance in the market.
However, there are bullish signals above the level of $0.00481 which indicates a possible further increase in the market value. A potential breakout above $0.00590 resistance could kick start a new recovery cycle to the upper resistance zone.
Further, Dash 2 Trade price indicates an upward momentum on the daily signal, this indicates that the pair will continue pumping upwards and this may get to the $0.01000 upper resistance trend mark in the days ahead in its long-term outlook.
D2T (USD) Medium-term Trend: Bullish (1H)
D2TUSD is at the moment trading in the bullish trend market in the medium-term outlook. The price currently trades above the two EMAs which are glued together. This breakout triggers a smooth bull cycle pattern, which in theory, should lead the prices to an overhead trend line.
The coin has been having a series of higher highs and higher lows which has made it possible for the price to remain stronger in an upward trend in its recent high.
Earlier today, the long traders caused a rise in the price of Dash 2 Trade to a high at the $0.00483 level above the moving averages. This current trend will enable the price to remain on the upside and rise or break to the upside. This however creates a strong area of interest for buyers as well.
Thus, a sharp breakout and closure above the $0.00507 correction phase will invalidate any bearish thesis, and put the coin price more on a buy side.
Adding to this, with the price pointing upwards on the daily stochastic means that further upside is certain. It is therefore expected that the buy investors will move the price action up and may likely hit the $0.01000 upper resistance level in the coming days in its medium-term time frame.
In just one minute, $BTC makes a powerful move with a 2.5% jump!
Seems like this was the case $BTC
— Dash 2 Trade (@dash2_trade) October 16, 2023
Let the bull market begin? https://t.co/nblthT1FaJ
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