Dash 2 Trade Price Prediction for Today, September 7: D2TUSD Price Looks for a Potential Upswing
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Dash 2 Trade Price Forecast: D2TUSD Price Looks for a Potential Upswing (September 7)
D2TUSD is now facing the positive side while making new corrections. The coin price looks for a potential upswing to shake off the bearish shackles. The price tested the multiple resistance zones near $0.006648 and we expect a swift increase to follow soon. The coin might jump towards the $0.01000 supply level amid renewed buying momentum if the sell traders reduce their tension in the market.
Key Levels:
Resistance levels: $0.01000, $0.01100, $0.01200
Support levels: $0.00800, $0.00700, $0.00600
D2T (USD) Long-term Trend: Bullish (4H)
On the higher-term time frame, prices of Dash 2 Trade are slightly above the EMA-9 and have confirmed a bullish momentum breaking the previous high of $0.00648 level.
The sustained bullish pressure to a $0.00651 high mark in the past action has made it possible for the crypto price to stay above the supply level in its recent high.
The impulse move by the long traders up to a $0.00660 high level above the EMA-9 earlier today indicates that the traders are actively buying Dash 2 Trade at this level.
However, if the current supply at $0.00660 value ignites a sharp increase and closes above the $0.01006 resistance level, this rally may register a $0.01197 high value which may further sweep the bearish momentum under the rug.
Notably, the price of D2TUSD is pointing up in the oversold region of the daily stochastic, this means that the selling pressure is unlikely; hence, buyers must redouble their efforts to forecast a bullish increase in the market above the $0.01197 level.
Thus, the supply inflows are suspected to rise and a significant level of $0.01000 value at the upper resistance might be reached in the coming days in its long-term outlook.
D2T (USD) Medium-term Trend: Bullish (1H)
Dash 2 Trade is displaying a bullish scenario in its medium-term outlook as can be seen from the chart below. It also shows the impeding next big move in the price. The price bar can be seen trading above the two EMAs which are glued together, indicating a bullish momentum.
Pressure from the bulls at the $0.00651 high value in the previous action has sustained its upward stability in its recent high.
The market price reversal at the $0.00660 supply value above the moving averages is an affirmation of bullish returns to the market and a possible next jump is likely.
The longer the price stays far above the mentioned level, the more pressure builds up to reach a key significant level at the upside.
Additionally, if the bullish momentum persists, a breakout above the accumulation zone of $0.007905 level with a candle closing will signal a strong buy signal for interested traders which could lead the price of D2TUSD to a $0.01000 high value in the days ahead in its medium-term perspective.
Integration tests were finished, future features were worked on, error handling was enhanced, D2T chart issues were fixed, and speed was optimized.
Dash 2 Trade Development Update:
— Dash 2 Trade (@dash2_trade) September 6, 2023
06.09.2023
Completed integration tests, worked on upcoming features, improved error handling, fixed D2T chart bugs, and optimized performance.
-Finished integration tests across the platform
-Extensive work on upcoming features
-Improved… pic.twitter.com/5WtgkBWaQb
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