Dash 2 Trade Price Prediction for Today, April 21: D2TUSD Price Will Soar Higher to Retest the $0.04164 High Mark Soon
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Dash 2 Trade Price Forecast: D2TUSD Price Will Soar Higher to Retest the $0.04164 High Mark Soon (April 21)
The D2TUSD price will soar higher to retest the $0.04164 high mark soon. The coin having rebounded will most likely continue its bullish correction and the price could go higher and hit the mentioned resistance value. If the bulls are able to break up the $0.03578 supply mark, then we can expect a good upside momentum up to the $0.1000 upper high value.
Key Levels:
Resistance levels: $0.05500, $0.06500, $0.07500
Support levels: $0.03500, $0.03000, $0.02500
D2T (USD) Long-term Trend: Bearish (4H)
The D2TUSD market is in a bearish market as can be seen on the 4-hourly chart below. The price is currently recovering and trades below the moving average lines confirming a downtrend. The coin has dropped down to a low at the $0.01793 level in the previous action and has been rejected by the bulls at the moment.
Being affected by the widespread uncertainty in the crypto market, the Dash 2 Trade price showed a slow yet steady recovery in the long-term time frame chart.
The D2TUSD price bullish reversal from the $0.01781 psychological support to the $ 0.01783 has recorded steady growth within the last few hours. Further, the rising prices reclaimed more confirmation for a bullish recovery.
Should the coin price turn up and further jump above the $0.04164 previous supply mark, the bearish thesis would get invalidated.
In addition, the daily stochastic indicates an upward trend in the oversold region, this means that the buy investors may likely continue with the bullish correction pattern to retest the $0.04164 high value which might further extend the Dash 2 Trade price to reach the $0.1000 resistance mark soon in its long-term outlook.
D2T (USD) Medium-term Trend: Bearish (1H)
The currency pair’s orientation trades in a bearish market in its medium-term outlook. The price bar is seen below the moving averages.
The intervention from the sell traders at the $0.01793 in the previous action has made the Dash 2 Trade price drop below the supply trend line.
The market value of D2TUSD pullback to the $0.01783 high level below the two EMAs shortly after the commencement of the 1-hourly chart today, indicating that positive sentiment is returning to the market. Thus, buyers need to add more pressure to their activities to move the market beyond the current price level.
In addition, the Dash 2 Trade market is showing more upside possibilities as shown by the daily stochastic pointing upwards in the oversold region; we can certainly expect more gains and strength from the coin. The pair may likely grow to retest the $0.02792 resistance level which might further extend to the $0.1000 upper resistance level in the days ahead in its medium-term outlook.
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