Dash 2 Trade Price Prediction for Today, April 13: D2TUSD Price Retesting the $0.04164 Supply Level
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Dash 2 Trade Price Forecast: D2TUSD Price Retesting the $0.04164 Supply Level (April 13)
D2TUSD may likely retest the mentioned supply level as it is about to resume its bullish race. The coin is trying hard not to fall heavily to the downside. Therefore, if the bulls could trigger their forces in the market, the price may likely reverse and turn positive to reach the $1.000 high level and beyond.
Key Levels:
Resistance levels: $0.05000, $0.06000, $0.07000
Support levels: $0.03500, $0.03000, $0.02500
D2T (USD) Long-term Trend: Bearish (4H)
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; which means that it’s in a bearish market zone at the moment. This is due to the high inflow from the sell traders. However, there is about to be a turnaround for the D2TUSD buy traders.
The sustained bearish pressure in the past few days at the $0.02856 support value has made the crypto price remain below the supply trend levels in its recent low.
Meanwhile, the current price at a $0.02650 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.
The Stochastic is also showing the market is already oversold. This means that the selling pressure will end soon. This will compel the bulls to resume the bullish trend to retest the $0.04164 supply level; the $0.1000 resistance level might be reached in the days to come in its long-term outlook.
D2T (USD) Medium-term Trend: Bearish (1H)
The market price of D2TUSD is currently trading in the bearish market zone. This is due to the inflows from the sell traders.
The sell traders made a downward move to the $0.02728 support level before the end of yesterday’s session. This gave sellers more strength to continue with the trend in its recent low.
Actions from the bears further dropped the coin price down to the $0.02613 support level below the two EMAs as the 1-hourly chart resumes today. Hence, should the bulls exchange hands with the sell traders and close above the $0.03648 resistance value, additional intraday gains would be recorded for the buy investors.
Additionally, the price of Dash 2 Trade might possibly swing up above its previous high at the $0.03648 value soon as the coin market price now approaches the oversold region, this will compel the bulls to resume the upward movement and in this case, the price might push higher to the $0.1000 supply mark and beyond in the days ahead in its medium-term time frame.
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