Dash 2 Trade Price Predictions for Today, July 18: D2TUSD Price Could See another Uphill Trend Soon, Watch out for Buy!
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Dash 2 Trade Price Forecast: D2TUSD Price Could See Another Uphill Trend Soon, Watch out for Buy! (July 18)
The market price of D2TUSD may experience a possible reversal at the $0.00672 support level to resume its upside moves soon. The coin price may likely reverse in a bullish direction, and it may soon be prepared for another probable upward surge. The price may perhaps retrace to retest the previous high of $0.00789 level and even further if buyers can demonstrate their strength and trade hands with sellers at the current support level of $0.00672. Thus, a post-retest rally may drive the prices high to hit the $0.1000 upper resistance trend level.
Key Levels:
Resistance levels: $0.00800, $0.00900, $0.01000
Support levels: $0.00700, $0.00600, $0.00500
D2T (USD) Long-term Trend: Bearish (4H Chart)
Dash 2 Trade market is having a bearish posture in its long-term outlook as can be seen from the chart below. This is due to the high inflow from the sell traders.
The sustained pressure from the bears at the $0.00675 support level during yesterday’s session has contributed to its bearishness in its recent low.
Today, the bears however made a drop to a $0.00672 support level below the moving averages as the 4-hourly session opens. Given the current trend, buyers are able to purchase the item at a lower cost and push the market higher.
Hence, if the bulls could change their orientations and trigger a breakout above the $0.00789 resistance level, a breakout above this barrier, with a 4-hour candle closing could signify a shift in the market dynamics.
Further, D2TUSD is likely going to reverse and face the upsides as the market is now trading around the 8% range of the daily stochastic; it means that the selling pressure will end soon.
This will compel the buy traders to resume an uptrend and may likely break up the $0.00789 supply level soon in its higher time frame.
D2T (USD) Medium-term Trend: Bearish (1H Chart)
The Dash 2 Trade price is forming lower lows and lower highs on its long-term chart. Further, the price is trading below the two EMAs; it means that it’s in a bearish market zone at the moment.
The price drop to the $0.00675 low value during the previous action has made the coin price trade below the supply levels in recent times.
The market price of Dash 2 Trade is currently trading at the $0.00672 support value below the resistance trend lines in the medium-term outlook. This is due to the inflow from the short traders.
Meanwhile, the current price at a $0.00672 low value below the supply trend lines has not stale the market condition of the crypto. Thus, traders who buy the coin during the bearish market will also make gains in the future.
Furthermore, there is a possibility for a price reversal at the mentioned support as the market now trades at the oversold region of the daily stochastic. In light of this, the upcoming bullish rally may likely break up the $0.00747 high mark which might possibly hit the $0.1000 supply value in the coming days in the medium-term outlook.
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