Dash 2 Trade Price Predictions for Today, September 2: D2TUSD Price Hints Fresh Recovery at the $0.00779 Supply Mark
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Dash 2 Trade Price Forecast: D2TUSD Price Hints Fresh Recovery at the $0.00779 Supply Mark (September 2)
In response to recent volatility in the crypto market, Dash 2 Trade price shows a minor relief rally as the bearish sentiment begins to fade away. This fresh upward movement is driven by the high demand of the long traders. The coin is possibly making its way up after hitting the $0.00763 high level to signal a pump. Thus, a strong push from the current price at the $0.00779 supply value will put the crypto in a bullish trend and this may further extend to the $0.1000 upper resistance level resulting in intraday gains for the buy traders.
Key Levels:
Resistance levels: $0.01000, $0.01100, $0.01200
Support levels: $0.00900, $0.00800, $0.00700
D2T (USD) Long-term Trend: Bearish (4H)
D2TUSD indicates a downward trend with a bearish sentiment in its long-term perspective. The coin is trading below the two EMAs. However, the current trend will soon be nullified as the market has now resumed its bullish race to the overhead resistance.
The sustained pressure from the short traders at a $0.00752 low level in the past action has contributed to its bearishness in its recent low.
A rise to a $0.00779 high level by the long traders shortly after the 4-hour chart opens today affirms the returns of the buy traders into the market.
Thus, the price of Dash 2 Trade is set to advance further if the bulls can redouble their efforts and push above the current supply level.
However, with sustained buying, the market price of D2TUSD may rechallenge another resistance zone of $0.01197 soon, indicating the buyers’ attempt to prolong the bullish rally.
Additionally, the market is now pointing up below the 20% range of the daily stochastic. This means the crypto market is oversold and the emergence of the bulls is crucial at this moment.
Hence, buyers are expected to turn around the price of Dash 2 Trade and may likely reach the $0.10000 supply value in the days ahead in its higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H)
Dash 2 Trade remains bullish on the medium-term time frame. This is clear as we can see the prices trading above the EMA-9.
The sustained bullish pressure pushed the currency pair up to the $0.00763 supply level during yesterday’s session and sustained it. This has made it possible for the D2TUSD price to remain in an uptrend at its recent high.
Amid the recent growth in the crypto market, the Dash 2 Trade buyers provided a bullish breakout to a $0.00779 high mark above the EMA-9, paving the way for further recovery in the near future.
Hence, this current level acts as a strong resistance for a good entry point, therefore, if the price jumps above the $0.00916 previous supply value, buyers may gain better confirmation for further recovery.
Adding to that, further downsides are unlikely as the market price of D2TUSD is showing an uptrend on the daily signal. The coin is expected to continue the bullish trend pattern, so we can now grow in confidence that a potential buy is coming near. If this is achieved, a $0.10000 high value might be the target in the coming days in its medium-term outlook.
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