Dash 2 Trade Price Prediction for Today, April 19: D2TUSD Price Is on Its Way to the New Resistance Trend Levels
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Dash 2 Trade Price Forecast: D2TUSD Price Is on Its Way to the New Resistance Trend Levels (April 19)
The D2TUSD pair is possibly making its way up after hitting the $0.02022 low level to signal a pump. Thus, a strong push from the current price at the $0.02061 supply value above the supply trend levels will put the crypto in a bullish trend and this may further extend to a $0.1000 resistance level resulting in intraday gains for the buy traders.
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 D2TUSD pair indicates a downward trend with a bearish sentiment in its long-term perspective. This is due to the inflows from the short traders in the market which will soon be hibernated as the bulls are now set to take us higher to the upper resistance area.
The sustained bearish pressure at the $0.02022 support value during the previous session has made the crypto price drop below the supply levels in its recent price level.
After completing the low-dips at the $0.02022 low value, the coin price found a reliable resistance at the $0.02061 value as a pullback below the two moving averages as the 4-hourly session resumes today.
Thus, it is very likely that the bulls will continue rising as we are seeing a bullish correction in place at the present. A strong breakup above the $0.04164 resistance point would strengthen the bullish pressure.
Similarly, the Dash 2 Trade price may likely continue its journey up north as indicated by the daily stochastic which is pointing in an upward direction at the oversold region. This means that the selling pressure has ended; we can therefore expect the upcoming bullish correction phase to reach a high at the $0.1000 value soon in its higher time frame.
D2T (USD) Medium-term Trend: Bearish (1H)
Dash 2 Trade is in a bearish momentum in its medium-term view. The trend has just resumed its rising pattern but has not yet reached its goal.
The price drop to the $0.01983 low value during the previous action has made the coin price trade below the supply levels in its recent high. This will soon be invalidated as the trend has just resumed its rising pattern but has not yet reached its goal.
The aggressive move by the bulls pushed the D2TUSD price up to the $0.02061 resistance value below the moving average lines as the 1-hourly chart opens today. This suggests that buyers are coming in a grand style to dominate the market and sellers are getting weaker.
Hence, we have a bullish bias that the price of Dash 2 Trade will rise further to the upside if the buying pressure should increase.
Currently, the cryptocurrency is making a correction, there may be a potential rise in the price to a new resistance level and this may possibly retest the previous high at the $0.02951 supply level which might further extend the coin price to the $0.1000 upper high trend line in the coming days in its medium-term perspective.
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