Dash 2 Trade Price Prediction for Today, April 15: D2TUSD Price Eyeing another Reversal at $0.00387 Low Level
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Dash 2 Trade Price Forecast: D2TUSD Price Eyeing another Reversal at $0.00387 Low Level (April 15)
D2TUSD price could see another reversal at the current support level of $0.00398 to resume the uphill trend. The coin price may likely reverse in a bullish direction, and it may soon be prepared for another upbeat surge. The price may retrace to retest the previous high of $0.00550 and increase more, if buyers can demonstrate their strength and trade hands with sellers at the current support level of $0.00387. As a result, the coin price may extend further to the $0.01000 upper resistance level.
Key Levels:
Resistance levels: $0.00500, $0.00600, $0.00700
Support levels: $0.00350, $0.00300, $0.00250
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 coin buyers.
The sustained pressure from the bears at the $0.00394 support level during yesterday’s session has contributed to its bearishness in its recent low.
Today, the bears pulled down the Dash 2 Trade price with a pin bar bearish candle to a $0.00387 support level below the moving averages, an indication of trend reversal soon.
Given the current trend, buyers can purchase the item at a lower price and push the market higher. Thus, the price tendency will move higher above the crucial levels if the bulls raise their level of market tension.
Additionally, D2TUSD is likely going to reverse and face the upsides as the market is now pointing upwards on 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 $0.00550 supply level which could further expose the price to a $0.01000 high mark in its
higher time frame.
D2T (USD) Medium-term Trend: Bearish (1H)
According to the chart below, the medium-term outlook for the Dash 2 Trade market is in a bearish trend zone. It also indicates the impending next significant price shift on the daily signal.
The sell traders made a downward move to the $0.00394 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 $0.00387 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 $0.00418 resistance value, additional intraday gains would be recorded for the buy investors.
Adding to this, the daily stochastic is pointing upward on the daily signal; the D2TUSD price is likely to continue moving north any moment from now. This indicates that there is no longer any selling pressure, and we can anticipate the forthcoming bullish correction phase to quickly achieve a high of $0.01000 in its medium-term time frame.
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