Dash 2 Trade Price Predictions for Today, April 17: D2TUSD Price Turning Positive Soon
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Dash 2 Trade Price Forecast: D2TUSD Price Turning Positive Soon (April 17)
The Dash 2 Trade (D2TUSD) price is turning positive soon. Having completed the selling pressure, the coin price is likely to turn positive and move up from the support waves. Therefore, if the bulls could change their orientation and wrestle the trend line with the bears at the $0.00398 low level, the coin price will turn positive to hit the $0.00510 buyers’ accumulated zone which might further extend to a $0.01000 upper high level, leading to a higher potential for the buy traders.
Key Levels:
Resistance levels: $0.00500, $0.00600, $0.00700
Support levels: $0.00300, $0.00200, $0.00100
D2T (USD) Long-term Trend: Bullish (4H Chart)
The D2TUSD pair is in a bullish market zone in its higher time frame as can be seen from the chart below. The price par is slightly above the EMA-9. This is an indication of an uptrend.
The bullish reversal at the $0.00399 high value in the previous action has sustained the crypto above the trend line lately.
The price drop to the $0.00398 support level slightly above the EMA-9, is as a result of low bullish momentum. Hence, traders who buy at this level will also make gains in the future.
With the overall market trend still bullish, the Dash 2 Trade price is likely to turn positive and plunge higher to retest the high accumulation zone of the $0.00510 level which could stop further bearish moves.
Similarly, should the bulls exchange hands with the sell traders at the $0.00398 low value and close above the $0.00510 resistance value, the coin price might increase further to a $0.01000 upper resistance level which could lead to additional gains for the buy investors in its medium-term outlook.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
Despite the activities of the bears, the D2TUSD price remains in an uptrend. The coin price is above the EMA-9, indicating an uptrend.
The high influence of the bulls on the crypto at the $0.00399 high value in the past session has helped the coin market price to stay above the supply level lately.
Sellers’ inflow dropped the price of Dash 2 Trade down to a low at $0.00398 above the moving average of 50, shortly after the 1-hourly chart opens today. Staying above the supply level will give the bulls the tendency to turn the coin price positive soon. Thus, traders can buy the coin at cheaper rates at this moment to have more gains ahead.
Further, the coin might turn positive and jump towards the $0.00401 supply level amid renewed buying momentum if the sell traders reduce their tension in the market.
In addition, we have a bullish bias that the coin price will resume an uptrend 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 hit the $0.01000 high trend line in the coming days in its medium-term outlook.
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