Dash 2 Trade Price Prediction for Today, April 5: D2TUSD Price Retesting the $0.00553 Supply Level
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Dash 2 Trade Price Forecast: D2TUSD Price Retesting the $0.00553 Supply Level (April 5)
The D2TUSD price is walking its way up and the coin price retesting the major resistance level of $0.00553 is the ultimate concern of the coin buyers. The coin price may likely increase further, provided buyers increase their momentum pressure in the market.
Therefore, if the bulls could trigger their forces in the market, the price action may increase significantly to the $0.01000 high level and beyond, regaining strength for renewed recovery.
Key Levels:
Resistance levels: $0.00500, $0.00600, $0.00700
Support levels: $0.00350, $0.003000, $0.00250
D2T (USD) Long-term Trend: Bullish (4H)
Dash 2 Trade price is bullish on the higher time frame. The price bar can be seen above the EMA-9 approaching the upper resistance level; this shows the level of concern from the coin buyers.
After the ranging movements at the $0.00414 supply level yesterday, the bulls were able to close the market at the same level. However, the bulls are now set to further swing up the coin price to the upper resistance zone.
Today, at the time of writing this article, the Bulls successfully pushed the price of D2TUSD to a $0.00454 high mark above the EMA-9. This suggests that the buy traders are determined to move the crypto price higher.
Therefore, if the buy traders successfully keep the coin prices above a $0.00550 high value, a retest of the previous high at $0.00553 level is possible soon.
In addition to that, the price of Dash 2 Trade which is pointing up on the daily signal implies that the price is still going up and in this case, the price might retest the $0.00553 resistance level which may further extend to a $0.01000 upper high mark in the days ahead in its higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H)
The currency pair is trading above the two moving averages, an indication of a bullish market sentiment in its medium-term time frame. Thus the D2TUSD pair is correcting and this may extend to the upper high level soon.
After the completion of the sideway moves, the bulls added additional strength and increased the Dash 2 Trade price to the $0.00454 level above the resistance trend levels shortly after the 1-hourly chart opens today.
However, the currency pair could grow further if the buy traders managed to break up the $0.00505 previous high level, maintaining a further growth potential for the buy traders.
Hence, should the buying pressure persist, and the bulls close the hourly chart above the $0.00505 previous high mark, sustaining this level, could pave the way for the crypto to aim for a higher resistance at the $0.01000 level soon and remain stable at the upside.
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