Dash 2 Trade Price Prediction for Today, April 18: D2TUSD Price Will Rise Soon
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Dash 2 Trade Price Forecast: D2TUSD Price Will Rise Soon (April 18)
D2TUSD is currently facing high pressure from the bears, Based on the outlook, the price will rise soon if the bulls could increase their buying swagger stop the activities of the short-term traders, and reverse at the $0.00375 current support level. The coin price from there could surge higher to retest the $0.00510 resistance point which might lead to a $0.01000 upper high level and beyond, resulting in a greater gain for the coin buyer.
Key Levels:
Resistance levels: $0.00500, $0.00600, $0.00700
Support levels: $0.00300, $0.00200, $0.00100
D2T (USD) Long-term Trend: Bearish (4H)
Dash 2 Trade is in a bearish trend in its long-term view. The price is trading below the two EMAs with an increase in selling pressure.
The coin price has fallen below the supply trend lines as a result of the bears’ pressure, which brought it to a low of $0.00398 during yesterday’s session.
Today, sellers initiate an aggressive move to a $0.00375 support level below the supply levels as the 4-hourly chart resumes. Nevertheless, today’s price drop has still not stalled the bull run. Traders might seize this opportunity to invest in the coin now at a lower rate.
Notably, the D2TUSD market is now approaching the oversold area. This means that the coin price may likely reverse to the upside soon. Should the bulls prove stronger and the crypto price sustain above the $0.00510 high level, the potential rally could surge higher to hit the $0.01000 upper resistance level and beyond in its higher time frame.
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 high inflows of the sell traders.
The bearish impact on the crypto to the $0.00398 supply level during the previous action has dropped the crypto price below the supply level in recent times.
The coin plummeted beneath the supply level at the $0.00375 support level as the 1-hourly chart resumes today. Meanwhile, traders, who buy during the bearish market will also make more gains in the future.
If buyers increase their buying forces, the Dash 2 Trade price may turn positive from this uncertainty and rise back above the $0.00406 high level.
Adding to that, the price of D2TUSD now approaches the oversold region of the daily stochastic. This implies that the selling pressure will soon be exhausted and the coin price is likely to reverse to the upside. If this is achieved, the crypto price might turn upside to hit the $0.01000 high value in the days ahead in its medium-term outlook.
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