Dash 2 Trade Price Prediction for Today, April 11: D2TUSD Price Will Go Higher From Support
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Dash 2 Trade Price Forecast: D2TUSD Price Will Go Higher From Support (April 11)
The Dash 2 Trade price bleeds as it faces high pressure from the bears. Meanwhile, the coin price will go higher from support and face the upside soon if the current support level holds. A bullish breakout from the $0.00550 resistance could trigger a new bull cycle within this pattern. Thus, in response to this bullish continuation, the coin might eventually reach the $0.01000 upper resistance trend line.
Key Levels:
Resistance levels: $0.00400, $0.00500, $0.00600
Support levels: $0.00300, $0.00200, $0.00100
D2T (USD) Long-term Trend: Bearish (4H)
D2TUSD price bleeds at the moment and indicates a downward trend in its long-term perspective. The coin is trading below the two EMAs. However, the current trend will soon be nullified as the market now approaches the oversold region.
The sustained bearish pressure at the $0.00398 support value has made the crypto price drop below the supply levels in recent times. However, the price will soon go higher from the support levels anticipated by the bulls.
At the time of writing, action from sellers drove the price of D2TUSD down to a low at $0.00393 level below the two EMAs. Thus, traders are advised to join the buy team now and invest in the coin at a lower rate for more gains ahead.
Thus, if the buyers eventually wrestle trend control from sellers and rebound from $0.00393 support, a breakout above the trend line is needed to confirm the potential Bull Race.
More so, the crypto is approaching the oversold region, under the influence of this market level, the coin could rise steadily soon and break up the previous high at $0.00550 level to reach the $0.01000 resistance level soon as we watch the crypto market turn bullish in the long-term perspective.
D2T (USD) Medium-term Trend: Bearish (1H)
The currency pair’s orientation trades in a bearish market in its medium-term outlook. The price bar is seen below the moving averages, forming lower lows and lower highs.
The intervention of the sell traders at the $0.00398 low value in the previous action has made the coin price drop below the supply trend line in its recent low. Thus, the coin is anticipating going higher from the support level soon.
Today, the bears’ pressure on the Dash 2 Trade price dropped the price action to a $0.00393 support level below the moving averages as the 1-hourly chart opens.
With the overall market trend still bearish, the D2TUSD price is likely to plunge higher and retest the high accumulation zone of $0.00445 level, if the bulls could trigger their buying efforts.
Similarly, should the bulls exchange hands with the sell traders at the $0.00393 low value and close above the $0.00445 resistance value, the coin price might further increase to a $0.01000 resistance level which could lead to additional gains for the buy investors in its medium-term outlook.
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