Dash 2 Trade Price Prediction for Today, May 22: D2TUSD Price Suggests a Buy Signal at the $0.00320 Resistance Level
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Dash 2 Trade Price Forecast: D2TUSD Price Suggests a Buy Signal at the $0.00320 Resistance Level (May 22)
The Dash 2 Trade price suggests a buy signal. The coin market is back on the drawing board rising from the demand zone to the $0.00320 current high level, calling vendors back into the market. The coin price has already increased significantly in previous actions; clearly, the bears are losing control. If the current support level at $0.00303 holds, and the coin prices sustain above the level of $0.00400, the bulls’ trend would continue upward and hit the $0.01000 upper high level, clawing back the accrued gains.
Key Levels:
Resistance levels: $0.00600, $0.00700, $0.00800
Support levels: $0.00250, $0.00200, $0.00150
D2T (USD) Long-term Trend: Bullish (4H)
Today, Dash 2 Trade takes a nice turn. The price is currently moving in a bullish trend on a longer time horizon. This is a buy signal and appears good for the buying trader and signifies a buy signal.
The sustained bullish pressure pushed the currency pair up to the $0.00313 supply level during yesterday’s session and sustained it till its recent high.
After testing the lows at the $0.00303 level, the bulls continue the journey up north to the $0.00320 high mark as the 4-hour session resumes today. The price of D2TUSD is above the moving average lines; this indicates and shows the high impacts of the bulls on the crypto, thus a turnaround and more intraday gains for the coin buyers.
However, the currency pair could grow further if the buy traders managed to break up the $0.00400 previous high level, maintaining a further growth potential for the buy traders.
Next, the daily stochastic indicates that the underlying sentiment points to a continuation of the upswing in the upcoming days. Buyers are anticipated to drive the price of Dash 2Trade up to a noteworthy level; in this instance, the supply level at $0.01000 may be the goal in the higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
On the 1-hourly chart, prices are above the moving averages and have confirmed a bullish momentum breaking the previous high. The pair is in a smooth uptrend as can be seen from the chart below. 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.
D2TUSD is losing bearish momentum as it rises to a $0.00320 high level above the moving averages as the 1-hourly chart begins today. This is due to a high bullish impact on the market price. From the look of things, it seems it will keep growing.
Consequently, closing the one-hourly session above the current level at $0.00320 will shift the trade more towards the buying side.
In addition to this, the Dash 2 Trade price is pointing upward on the daily stochastic, indicating an upward move. We therefore expect a breakup of $0.00400 and growth of the price to resistance of $0.01000 value in the nearby days in its medium-term time frame.
Trading on liquid markets is safer and more advantageous! However, how do they appear in real life? Is it possible to determine a market’s liquidity?
Liquid markets are safer and better for trading!📊
— Dash 2 Trade (@dash2_trade) May 15, 2024
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