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Dash 2 Trade Price Predictions for Today, August 7: D2TUSD Holds Support at $0.00602 Resistance Level

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Dash 2 Trade Price Predictions for Today, August 7: D2TUSD Holds Support at $0.00602 Resistance Level

Dash 2 Trade Price Forecast: D2TUSD Holds Support at $0.00602 Resistance Level (August 7)
Amid the recent upsurge in the crypto market, Dash 2 Trade price gave a massive breakout while all the support levels hold in place. The breakout rally made a high of $0.00602 value while making its way to the overhead resistance. Looking promising at the mentioned supply, should bulls push higher and close above the $0.00724 high mark, a bullish breakout confirmation will reflect the improved market sentiment and this might push the coin price to a $0.1000 upper supply trend level leading to a strong buying opportunity for traders.

Key Levels:
Resistance levels: $0.01000, $0.01100, $0.01200
Support levels: $0.00750, $0.00600, $0.00550

D2T /USD Long-term Trend: Bullish (4H)
The D2TUSD pair remains bullish on the higher time frame. This is clear as we can see prices trading above the two EMAs, indicating an upward momentum.
Dash 2 Trade Price Predictions for Today, August 7: D2TUSD Holds Support at $0.00602 Resistance Level
Bullish pressure to a high of $0.00597 level during yesterday’s session has made the coin price remain strong above the supply trend line in recent times.

In the last 4 days, Dash 2 Trade price has risen significantly and reached the current trading value of $0.00602 above the supply trend levels. With sustained buying, the price could test the supply strength of $0.00724 and set the potential for further growth.

Having said that, the daily stochastic pointing upward indicates an uptrend, hence the post-retest rally might surge higher to reach the $0.1000 upper high mark soon in its higher time frame.

D2T /USD Medium-term Trend: Bullish (1H)
The D2TUSD pair is trading in a bullish market in its medium-term outlook. This is due to a high influence from the buy traders. The coin was able to reach a high of $0.00598 level in the previous action which has enabled its recent high level.
Dash 2 Trade Price Predictions for Today, August 7: D2TUSD Holds Support at $0.00602 Resistance Level
A recovery rally to the $0.00602 supply value above the moving averages as the 4-hourly chart resumes today will encourage buyers to invest in Dash 2 Trade, as possible future gains are certain.

Thus, a possible breakout from the previous high of $0.00604 neckline will accelerate the buying momentum and push the prices higher to signal a possible buy entry for interested buyers.

Furthermore, the D2TUSD price is in an upward direction as indicated by the price indicator, this implies a high possibility for a bullish trend continuation.

As a result of that, the coin price might swing up to its recent swing high, which is the $0.00604 supply level and this may increase to a $0.1000 supply mark in the coming days as the price keeps going up north in the medium-term outlook.

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