Dash 2 Trade Price Prediction for Today, March 28: D2TUSD Builds up Bullish Momentum at $0.00491 Resistance Level
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Dash 2 Trade Price Forecast: D2TUSD Builds up Bullish Momentum at $0.00491 Resistance Level (March 28)
D2TUSD‘s price is currently building up its bullish momentum at the $0.00491 resistance level and remains stable. The price might head to the $0.020000 resistance level as the crypto is facing high pressure from the bulls. Thus, a sharp breakout and closure above the current correction phase will invalidate any bearish thesis and the price might hit the high at the$0.01000 resistance level and beyond.
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 remains in a bullish trend in its long-term outlook. The bulls are trying not to fall this time around. Further, the coin prices are traded above the EMA-9 with its wick touching the EMA-50, this confirms a bullish trend. The sustained bulls’ pressure to a $0.00481 high level in the previous action has led to the coin’s recent high.
Today, the price of Dash 2 Trade is making higher highs and higher lows. However, presently the coin trades at the $0.00491 resistance value slightly above the EMA-9, this implies a gradual weakness in the strength of the sell traders while buyers are building up the bullish momentum in a grand style.
Hence, fresh entries by the buy traders toward the higher side are likely as indicated by the momentum indicator pointing upward. The bulls could therefore aim at the psychological $0.01000 level in the upper resistance area in the days ahead in its long-term perspective.
D2T (USD) Medium-term Trend: Bullish (1H)
On the medium-term outlook, the bulls are showing us that they are still very strong while making higher highs towards the overhead resistance levels.
The price of D2TUSD can now be seen progressing upward above the moving averages. This shows that buyers are currently gaining more strength in the market. The bulls’ pressure on the crypto in the past few hours has sustained its bullishness in its recent high.
Today, additional buying pressure by the bulls has pushed the coin price to a high of $0.00491 supply level above the two EMAs which suggests an uptrend. This will further encourage more buyers to dive into the crypto. To push the price above the supply zone more buyers’ participation is a prerequisite.
More to that, there is a possibility of more upsides as suggested by the daily stochastic pointing up; it is expected of the long traders to continue with the bullish race and this may reach the $0.01000 upper resistance level in the medium-term time frame as we watch the market turns strongly bullish.
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