Dash 2 Trade Price Prediction for Today, May 5: D2TUSD – Bulls Are Gaining Strength
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Dash 2 Trade Price Forecast: D2TUSD – Bulls Are Gaining Strength (May 5)
Dash 2 Trade market is on the positive side today as the price is now making its way towards the overhead resistance trend levels. The bulls are gaining strength in the D2TUSD market at the moment. From the look of things, the coin may continue its bullish movement if buyers should aggressively increase their activities in the market. The coin might further climb up to the $0.2000 upper resistance level and beyond resulting in an intraday gain for the coin buyers.
Key Levels:
Resistance levels: $0.05500, $0.06500, $0.07500
Support levels: $0.03500, $0.03000, $0.02500
D2T (USD) Long-term Trend: Bullish (4H)
Upward pressure still dominates the D2TUSD market in the long-term time frame. The price currently trades above the EMA-9, which affirms its bullish trend. This breakout triggers a smooth bull cycle pattern, which in theory, should lead the prices to an overhead trend line.
The bulls made it to a $0.01690 resistance level during yesterday’s session and sustained it. This really made it possible for the price to rise further and remain in an uptrend at its recent high.
Today’s market value of Dash 2 Trade at a $0.01705 supply value above the EMA-9 as the 4-hourly session opens today affirms the presence of more buyers in the market. Thus, a strong breakup above the $0.02951 resistance point would strengthen the bullish pressure.
In addition to that, with the daily stochastic pointing upwards, we can expect more bullish action, if all the support holds in place. The price of Dash 2 Trade might possibly jump up to the $0.2000 upper high level in the days ahead in its long-term outlook.
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D2T (USD) Medium-term Trend: Bullish (1H)
The D2TUSD pair is experiencing a jolly bullish move in its medium-term view. The coin price is now strongly trading above the moving averages with huge volumes from the bulls. Thus, the recent market structure has favored the bulls.
The sustained bullish pressure was able to push the coin price upside to a $0.01690 high level before the end of yesterday’s session; this has enhanced the crypto price to remain firm above the supply levels in its recent high.
Today, the market price of Dash 2 Trade at the $0.01705 high level which is above the moving averages as the 1-hourly chart opens implies that the price is in an uptrend, and from the way it is at the moment, it will keep growing.
Hence, there is a tendency for the coin to rise further, if the support level holds, this will enable buyers to take the price up to a high of $0.2000 upper high level in the nearby days in its medium-term perspective.
Explore Our Dash 2 Trade Price Predictions Guides:
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