Dash 2 Trade Price Prediction for Today, April 20: D2TUSD Price Will Swing up Further
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
Dash 2 Trade Price Forecast: D2TUSD Price Will Swing up Further (April 20)
The D2TUSD pair is well on its way to the resistance and will swing up further. The coin price may likely continue with the high hike provided buyers don’t give up and the current supply at $0.00385 value ignites a sharp increase and closes above the $0.00510 resistance. The vital resistance for the coin is found near the $0.00510 supply zone. However, the price can swing up further if the current support level holds and the bulls should put in more aggressive efforts, the price may reach a $0.01000 high level, resulting in intraday gains for buy traders.
Key Levels:
Resistance levels: $0.00500, $0.00600, $0.00700
Support levels: $0.03500, $0.03000, $0.02500
D2T (USD) Long-term Trend: Bearish (4H Chart)
The D2TUSD pair is trading in the bearish trend market in its long-term outlook. The price bar can be seen below the moving average lines and has confirmed its bearishness. The sustained pressure from the sell traders at the $0.00375 low level in the previous action has added to its bearishness.
However, the bulls override this at the time of writing and made a corrective move to the $0.00385 resistance level slightly below the two EMAs as the 4-hourly chart opens today.
Meanwhile, traders can also buy the token during the bearish market at a lower price and still make more gains in the future.
Hence, to swing up further, buyers must redouble their efforts to forecast a bullish increase in the D2TUSD market above the $0.00510 supply mark. This, however, will trigger a new bull cycle and a potential buy for the interested buyers.
Further, the Dash 2 Trade price may likely continue in the same bullish trend as the market is pointing up on the daily stochastic. So, the price could be ready very soon for a bullish pattern continuation. In this case, a significant level above the $0.01000 supply trend line might be the target soon in its higher time frame.
D2T (USD) Medium-term Trend: Bearish (1H Chart)
According to the chart below the D2TUSD pair portrays a bearish market trend in its medium-term outlook. The price, facing the resistance below the moving averages indicates the bulls are gradually coming into the market to stage a play.
The bears’ pressure on the crypto to the $0.00375 low value in the past few hours has made the crypto price drop below the supply levels in its recent high.
The price retracement to a $0.00385 high level as the 1-hourly chart opens today indicates more strength in buyers’ commitment. Therefore, if the bulls should add more aggression to their activities in the market, the $0.00406 resistance level might be retested which would establish a potential uptrend.
In addition, further upsides are likely as indicated by the price signal pointing upward. This will compel the Dash 2 Trade buy traders to cluster around the market to continue the bullish correction rally fully and this time around the bulls may likely hit the $0.01000 supply level soon in the medium time frame.
We’ve added a new feature to your Dash 2 Trade account: two-factor authentication (2FA)!
You asked – we delivered.🔒
— Dash 2 Trade (@dash2_trade) April 16, 2024
When it comes to your money, you should take every available precaution to keep it safe.
Make your Dash 2 Trade account even more secure with our new feature – Two-Factor Authentication (2FA)! pic.twitter.com/jqRoMNkEu9
Want a coin that has a huge potential for massive returns? That coin is Dash 2 Trade. Buy D2T now.
