Dash 2 Trade Price Prediction for Today, April 28: D2TUSD Attempting the Next Big Move
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Dash 2 Trade Price Forecast: D2TUSD Attempting the Next Big Move (April 28)
D2TUSD price will keep rising based on the outlook. The coin has just resumed its rising pattern and from the look of it, it will keep growing. The price tested the multiple resistance zones near the $0.01856 value and we expect a swift increase to follow soon. The coin might jump towards the $0.1000 supply level amid renewed buying momentum if the sell traders reduce their tension in the market.
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 market price of D2TUSD is currently trading below the resistance trend lines in the long-term outlook. The coin price can be seen slightly below the two EMAs confirming its bearish trend. This is due to interference from the short traders.
The cryptocurrency has been interfering with the sell traders in the previous action and has dropped the price below the supply trend levels in its recent high.
Right now, the price is struggling at a critical level, where any directional move will bring wild swing moves.
Being affected by the widespread uncertainty in the crypto market, the Dash 2 Trade price showed a slow yet steady recovery to the $0.01856 supply level below the two EMAs approaching the resistance trend levels on the 4-hourly chart today.
Thus, a strong breakup above the $0.03648 resistance level would strengthen the bullish outlook and sustain its upward stability.
Meanwhile, the Dash 2 Trade price is pointing upward in the oversold region of the daily stochastic, this will compel the bulls to continue with the uphill ride, and with this trend, the price may jump to the $1.000 high level in no long time in its higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H)
Dash 2 Trade is having a bullish posture in its medium-term outlook as can be seen from the chart below. It also shows the impeding next big move in the price. The recent market structure has favored the bulls.
Pressure from the bulls at the $0.02044 high value in the previous action has sustained its upward stability in its recent high.
However, on the 1-hourly chart today, there is a broader recovery in the prices. The coin price jumped up to a $0.01856 supply level above the EMA-9 approaching the overhead resistance level as the bulls took to their stand in the market.
The price hovers above the EMA-9 approaching the EMA-50 with high volatility indicating more active buying pressure among investors.
The longer the price stays above the mentioned level, the more pressure builds up to reach a key significant level at the upside.
Additionally, the momentum indicator shows that the price signal is also moving upward in the market as we expect the price distribution to reach the $1.000 supply level and beyond sooner in its medium-term outlook.
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