Dash 2 Trade Price Prediction for Today, April 8: D2TUSD Price Breakout and Bullish Progression
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Dash 2 Trade Price Forecast: D2TUSD Price Breakout and Bullish Progression (April 8)
D2TUSD is currently trading in a bullish market. The coin may likely experience a price breakout and bullish progression, if the bulls could add more strength to their potential buying and the market price sustains above the $0.00550 high mark, the potential rally could surge above the $0.00600 higher level to hit the $0.01000 upper resistance value and beyond, indicating a higher potential for growth. Should you buy it?
Key Levels:
Resistance levels: $0.00600, $0.00700, $0.00800
Support levels: $0.00400, $0.00300, $0.00200
D2T (USD) Long-term Trend: Bullish (4H)
Dash 2 Trade has begun its positive movement today again. The price is trading in a bullish momentum in its higher time frame. This looks nice for the buy trader and signifies a time to buy soon.
In the previous actions the coin has been having high interference from buyers which made it easier for the cryptocurrency to maintain an upside moves in its recent time.
The coin price breakout at the $0.00410 resistance value slightly above the EMA-9 as the 4-hourly chart opens today indicates the high buying impact from the bulls resulting in intraday gains.
Moreover, the D2TUSD price breakout may challenge the key previous resistance level at $0.00550, indicating a pivotal movement for the crypto price.
Additionally, the underlying sentiment suggests an uptrend continuation in the coming days as indicated by the daily stochastic pointing in an upward direction. As a result, the price of D2TUSD might progress upward to the $0.01000 upper resistance level sooner in the higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H)
D2TUSD can be seen progressing forward in its medium-term perspective. The price bar can be seen above the EMA-9 approaching the upper channel: thus, buyers are having the market at their disposal at the moment. The bulls’ pressure on the crypto in the past few hours has sustained its bullishness in its recent high.
At the time of writing today, after the interaction from the sell traders at the $0.00402 low level, buyers successfully pullback to a $0.00408 level which further increases to the $0.00410 supply level above the EMA-9 but is close to the major breakout; this is an indication of a bullish progression.
Sustaining this level could pave the way for the Dash 2 Trade pair to aim for a higher resistance at the $0.00465 level.
In a like manner, should the buying pressure persist, and the bulls close the hourly chart above the $0.00465 previous high mark, the ongoing recovery could lead the market price of D2TUSD to remain stable at the upside and the target might be the $0.01000 upper high mark in the coming days.
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