Dash 2 Trade Price Predictions for Today, April 17: D2TUSD Possible Reversal at the $0.02287 Support Level
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Dash 2 Trade Price Forecast: D2TUSD Possible Reversal at the $0.02287 Support Level (April 17)
The market price of D2TUSD may experience a possible reversal at the $0.02287 support level to resume its upside moves soon. Should the bulls push higher and close above the $0.04164 resistance value, a bullish breakout confirmation will reflect the improved market sentiment. Doing so will offer a higher footing for buyers to prolong this recovery. Thus, a post-retest rally may drive the prices high to hit the $0.1000 upper resistance trend level.
Key Levels:
Resistance levels: $0.05500, $0.06500, $0.07500
Support levels: $0.03000, $0.02500, $0.02000
D2T (USD) Long-term Trend: Bearish (4H Chart)
D2TUSD indicates a downward trend with a bearish sentiment in its long-term perspective. The coin is trading below the two EMAs. However, the current trend will soon be nullified as the market now trades at the oversold region.
The sustained bearish pressure at the $0.02570 support value in the previous action has made the crypto price drop below the supply levels in its recent low.
The market price of Dash 2 Trade is currently trading at $0.02287 below the resistance trend lines in the long-term outlook. This is due to the inflow from the short traders.
Meanwhile, the current price at a $0.02287 low value below the supply trend lines has not stale the market condition of the crypto. Thus, traders who buy the coin during the bearish market will also make gains in the future.
Furthermore, there is a possibility for a price reversal at the mentioned support as the market now trades at the oversold region of the daily stochastic. This upcoming bullish rally may likely break up the $0.04164 high mark which might possibly hit the $0.1000 supply value in the coming days in the long-term outlook.
D2T (USD) Medium-term Trend: Bearish (1H Chart)
The currency pair is trading in a bearish market in its medium-term outlook. This is due to the high influence of the sell traders. Dash 2 Trade is possibly making its way up after hitting the $0.02230 level to overcome support to signal a pump-up. It looks like the price will want to bounce up again in the medium term. 
The market price of D2TUSD which increases to a $0.02287 high level below the two moving averages as the 1-hourly session opens today suggests the return of the bulls to the market and improved bullish market sentiment. Thus, closing the 1-hourly session above the $0.03324 supply level will put the trade more on the buy side.
Hence, we have a bullish bias that the coin price will continue the bullish trend as the market is oversold already. If the buying pressure should increase, there may be a potential rise in the Dash 2 Trade price and this might possibly retest the previous high of $0.03324 supply level which might further extend the coin price to the $0.1000 high trend line in the coming days in its medium-term outlook.
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