Dash 2 Trade Price Prediction for Today, May 4: D2TUSD Price Is Rising Again, Time to Buy Is Near
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Dash 2 Trade Price Forecast: D2TUSD Price Is Rising Again, Time to Buy Is Near (May 4)
Dash 2 Trade market is on the positive side today, the price is rising again and currently moving towards the overhead resistance levels. The crypto price will move higher above the current resistance level, if buyers should exert more force into the price action in the market, the $0.00406 high trend line might be retested which may further extend to the $0.00900 upper high level, signaling a potential upward trend. Thus a clear buy signal.
Key Levels:
Resistance levels: $0.00500, $0.06500, $0.07500
Support levels: $0.03500, $0.03000, $0.02500
D2T (USD) Long-term Trend: Bullish (4H)
The Dash 2 Trade pair is showing a bullish display in its long-term perspective. The price bars can be seen slightly above the moving average, facing the overhead levels.
The coin’s slight increase by the bulls to a $0.00364 high level during the previous action has made the price remain in green at the uptrend in its recent high.
The bulls opposed the price declination at the $0.00364 level and the coin price increased to the $0.00366 supply level above the EMA-9, as the 4-hourly chart resumes today, this shows the high impact of the bullishness in the coin market.
Therefore, if the purchasing pressure continues and the bulls close the hourly chart above the previous high point of $0.00406, the market price of D2TUSD may be stable at this level and any additional bearish moves may be stopped.
Notably, the Dash 2 Trade market may continue in its upward move as indicated by the daily stochastic which is pointing up. With this trend, the buying pressure may likely hit the $0.01000 supply value and beyond soon as the bulls look for more gains in its long-term perspective.
D2T (USD) Medium-term Trend: Bullish (1H)
The coin also trades in a bullish trend with the price on a recovery path in the medium-term outlook. This is due to the high impact of the long-term traders on the price flow.
The bull’s pressure on the crypto at the $0.00365 high level in the last few hours has made it possible for the price to maintain an uptrend in its recent high.
At the time of writing this article, the impulse move from the buy traders has pushed the price of Dash 2 Trade up to a $0.00366 high level above the moving average-9 shortly after the 1-hour session opens today. This will enable buyers to influence the price tendency.
Meanwhile, a further rise in the market price of D2TUSD is possible, if the buy traders can trigger their buying pressure and break up the $0.00387 supply level.
In addition, the pair is pointing up on the daily stochastic: this indicates that the market selling pressure has ended. We now expect the price distribution to reach a high level of $0.00900 soon in its medium-term time frame.
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