Dash 2 Trade Price Prediction for Today, December 21: D2TUSD Price Might Head to the $0.02000 High Mark
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Dash 2 Trade Price Forecast: D2TUSD Price Might Head to the $0.02000 High Mark (December 21)
The D2TUSD price is currently on a bullish streak and remains stable. As the crypto faces strong bull pressure, the price may rise to $0.02000. As a result, a sharp breakout and close above the current correction phase’s high value of $0.00639 will invalidate any bearish thesis, and the coin price might head to the high at the $0.02000 resistance level and beyond, resulting in intraday gains for the buy traders.
Key Levels:
Resistance levels: $0.00800, $0.00900, $0.01000
Support levels: $0.00500, $0.00400, $0.00300
D2T (USD) Long-term Trend: Bullish (4H)
On the higher time frame, the D2TUSD pair exhibits a bullish sentiment. Buyers are optimistic about achieving higher levels, confirming their current market dominance.
The buy investors jumped to the $0.00589 supply value above the EMAs during the previous action and sustained it; this enabled the crypto to remain strong above the trend line in its recent high.
After completing the low-dips at the $0.00585 low value, the coin price found a reliable resistance at the $0.00639 value as a pullback above the two moving averages as the 4-hour session resumed today.
This indicates that the buy investors are dealing in the coin investment. Therefore, if the bulls could increase their tension in the market, the price tendency will move above the key resistance level at $0.00712.
The longer the price of Dash 2 Trade remains above the mentioned supply level, the more pressure builds up on the upside towards a key significant level.
Additionally, the D2TUSD price is pointing upwards on the daily stochastic, indicating that the coin price will most likely continue to rise and reach the $0.02000 supply trend line in the days ahead in its higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H)
Upward pressure also dominates the D2TUSD pair in the medium-term time frame. The coin price now strongly trades above the moving averages with massive volumes from the bulls. Thus, the recent market structure has favored the bulls.
On the 1-hour chart today, there is a broader recovery in the prices. The coin price made a corrective move to a $0.00639 supply level above the moving averages as the bulls took to their stand in the market.
This bullish correction, however, indicates a gradual improvement in market sentiment and leads to more intraday gains in assets to higher prices.
In addition, more upsides are still coming as evidenced by the stochastic oscillator pointing upwards to indicate an uptrend. According to the current situation, the bullish rally may soon reach the $0.02000 upper resistance value in the medium-term time frame.
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