Dash 2 Trade Price Predictions for Today, April 18: D2TUSD Price Close to $0.04164 Supply Level, Buy Now!
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Dash 2 Trade Price Forecast: D2TUSD Price Close to $0.04164 Supply Level, Buy Now! (April 18)
The Dash 2 Trade price is close to the $0.04164 supply level and has already increased significantly in the previous actions; obviously, the bears are clearly losing control. The crypto may likely hit the previous high at the $0.04164 resistance level provided the current support level at $0.02287 holds. As a result, the coin price may extend to the $0.1000 upper resistance level and beyond.
Key Levels:
Resistance levels: $0.05500, $0.06500, $0.07500
Support levels: $0.04500, $0.04000, $0.03500
D2T (USD) Long-term Trend: Bearish (4H)
The D2TUSD pair is trading in the bearish trend market in its long-term outlook. The price bar can be seen slightly below the moving average lines and has confirmed its bearishness.
The pressure from sellers in the previous action actually adds to the bearish impact on the market.
However, the bulls overrode this and made a corrective move to the $0.02491 resistance level slightly below the two EMAs as the 4-hourly chart opens today.
Thus, the current price level which is close to the major resistance level is a result of the high commitment from the bulls. Should the bulls increase their momentum, the price of Dash 2
Trade might break out from the current supply to hit the previous high of $0.04164 high value.
Further, the daily stochastic suggests an uptrend by pointing upward. Thus, if the buy traders successfully keep the D2TUSD prices above the $0.03648 resistance level, a retest of the previous high at the $0.04164 level is possible which may further extend the coin price to the $0.1000 upper high level in the coming days in its higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H)
D2TUSD can be seen progressing forward in its medium-term perspective. The price bar can be seen above the EMA-9 thus, buyers are having the market at their disposal at the moment.
The bulls’ pressure on the crypto in the past few hours has sustained its bullishness in its recent high.
After the interaction from the sell traders, buyers successfully pull back at the $0.02333 level which further increases to the $0.02491 supply level above the EMA-9 but close to the major breakout; this is an indication of the beginning of a new bullish cycle race.
Hence, staying above the supply levels indicates a strong possibility for a bullish correction. A strong breakup above the $0.04164 resistance point would strengthen the bullish pressure.
However, there is a possibility of a further increase in the price of Dash 2 Trade, if the buy traders should increase their price actions and all the current support level holds, a psychologically key level of $0.1000 at the upside might be reached soon in its medium-term time frame.
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