Dash 2 Trade Price Prediction for Today, May 31: D2TUSD Price May Bounce-off the Support Level Soon
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
Dash 2 Trade Price Forecast: D2TUSD Price May Bounce-off the Support Level Soon (May 31)
The D2TUSD pair may likely bounce off the support line and break up the resistance level at $0.01573 soon. Thus, if the bulls could push harder and exchange hands with the sell traders at the current support value of $0.011198, a sharp breakout and closure by the bulls above the mentioned resistance value will invalidate any bearish thesis and the price might hit the high of $0.1000 upper level and beyond.
Key Levels:
Resistance levels: $0.01500, $0.01600, $0.01700
Support levels: $0.01000, $0.00900, $0.00800
D2T /USD Long-term Trend: Bullish (4H)
Dash 2 Trade remains bullish on the higher time frames. This is clear as we can see the prices trading above the two EMAs which are glued together. This indicates an uptrend in the context of the strength of the market.
The sustained bullish pressure pushed the currency pair up to the $0.01314 supply level during yesterday’s session and sustained it. This has made it capable for the coin to remain in an uptrend in recent times.
The drop in the price of D2TUSD to the $0.01198 low value above the two EMAs as the 4-hourly chart commenced today has no serious effect on the market as the price remains in an uptrend. However, this gives room for a more bullish impact on the market at the moment.
Hence, staying above the supply levels indicates a strong possibility for a bullish correction.
A strong push by the bulls and break up above the $0.01562 previous resistance point would invalidate any further bearish moves and strengthen the bullish pressure.
Next, more upsides are likely as the market now approaches the oversold region. This will compel the buy traders to resume an upside move soon. If this is achieved by the bulls, the price of Dash 2 Trade might likely rebound to reach a $0.1000 supply level in the days ahead in its long-term outlook.
D2T/ USD Medium-term Trend: Bullish (1H)
D2TUSD is having a bullish posture trading above the EMA-50 in its medium-term outlook, which means that it’s in a bullish trend zone. 
The bullish pressure at the $0.01208 resistance level in the past few hours has made the coin stay above the supply trend level in its recent time.
The bears made a drop to a $0.01198 support level above the EMA-50 shortly after today’s 1-hourly session opens. Trading above the moving averages will enable the market value of Dash 2 Trade to keep pushing up.
Therefore, if the bulls should add more aggression to their activities in the market, the price could retrace at the mentioned support to retest its previous high of $0.01314 resistance level soon. Thus buyers who invest in this trend will also make profitable gains in the future.
In addition to this, the coin price might likely rebound at the current support level as the market is oversold already. This will compel the buy traders to resume an upside move soon to reach a $0.1000 supply level in the days ahead in its medium-term outlook.
Allow D2T to be your guide in this dynamic market. It has access to unique indications and insightful data.
🔥🚀 Seeking thrilling #Crypto prospects? Discover the world of presales for exhilarating opportunities!
— Dash 2 Trade (@dash2_trade) May 29, 2023
Let #D2T be your guide in this dynamic market, equipped with exclusive indicators and clear insights.
Join our #Beta and embark on your crypto journey! 📈 pic.twitter.com/fwD4GpIAJc
Want a coin that has a huge potential for massive returns? That coin is Dash 2 Trade. Buy D2T now.
