Dash 2 Trade Price Predictions for Today, April 22: D2TUSD Price Makes a Buy Trade Setup
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Dash 2 Trade Price Forecast: D2TUSD Price Makes a Buy-Trade Setup (April 22)
Today, the D2TUSD pair sends a clear bullish signal that the bulls are still strong. Amid the selling pressure the coin gave a bullish breakout from $0.01893, if the forces from the buy investors in the market should increase and the coin prices are sustained above the $0.04164 resistance levels, the ongoing bullish correction may likely extend and plunge prices to the $0.1000 upper resistance trend levels and beyond.
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 Chart)
At the time of writing, D2TUSD is trading in an uptrend in its long-term perspective. The prices are above the EMA-9 line and have confirmed a bullish momentum breaking the previous high at $0.01847 value.
The buy investors actually made a jump to the $0.01893 supply value above the two moving averages during yesterday’s session and sustained it; this really enabled the buy traders to sustain the upward rally in its recent high.
The bulls caused a rise to a $0.01881 high level which further increased to the $0.01892 supply level as the 4-hourly chart opens today. This affirms the high impact of the buy investors in the market.
If buyers continue to hold this momentum, the price may break up the previous swing high at the $0.04164 resistance value resulting in an intraday gain for the coin holders.
Hence, the current price at the $0.01892 resistance mark returns the bulls back to the mark to control the price actions and also a buy at this crucial time is inevitable for the coin holders.
Similarly, we can as well see the momentum indicator pointing up, this means that the crypto may likely continue its bullish ride; we, therefore, expect the price distribution to hit a $0.1000 high mark soon in its long-term perspective.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
Despite the interference of short-term traders in the price flow, the Dash 2 Trade market on the medium-term outlook shows a bullish race.
The coin price can now be seen progressing upward above the moving averages. This shows that buyers are currently gaining more strength in the market.
The coin has been making higher highs and higher lows in previous actions; this has made it possible for the price to maintain an uptrend in its recent high.
Today, the bulls made an upward move to the $0.01892 high value above the EMA-9 approaching the overhead resistance as the 1-hourly chart opens. The cryptocurrency looks promising as the bulls remain dominant in the market at the moment.
If the bulls should increase their price action, and bullish momentum is sustained far above the resistance trend lines, further bearish sentiment will be hibernated.
Additionally, the daily stochastic remains in an upward direction. Hence, if the coin buyers manage to break above the $0.02696 supply trend line, the market participants may witness a new recovery rally and this may reach a high at the $0.1000 upper resistance level soon in its medium-term outlook. This signals a BUY trade again in its medium-term time frame.
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