Dash 2 Trade Price Predictions for Today, April 22: D2TUSD Price Targets $0.01000 Supply amidst Market Surge, Enter Now!
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
Dash 2 Trade Price Forecast: D2TUSD Price Targets $0.01000 Supply amidst Market Surge, Enter Now! (April 22)
Amidst the recent market sell-off, the D2TUSD price targets the $0.01000 level as the coin is currently recovering and also facing the upper channel. The coin will continue if the current support at $0.00378 holds. The crypto’s price may continue its upside moves to retest the $0.00505 previous high level which could further target the $0.01000 supply amidst market surge, provided buyers increase their actions in the market.
Key Levels:
Resistance levels: $0.00500, $0.00600, $0.00700
Support levels: $0.00350, $0.00300, $0.00250
D2T (USD) Long-term Trend: Bearish (4H Chart)
Dash 2 Trade price is in a bearish market at the moment. Further, the coin is trading slightly below the moving averages facing the resistance area.
The sustained bearish pressure on the cryptocurrency at the $0.00378 support level during the previous session has dropped the price below the supply levels lately. However, the D2TUSD is regaining its strength back as we can see a new corrective move by the bulls at the support levels.
The coin is recovering from the recent correction as fresh buying emerges near the supply level following the upward race.
With the positive sentiment, the Dash 2 Trade price rallied up to the $0.00379 resistance value below the moving averages as a pullback and breached the $0.00378 barrier as the 4-hourly chart opens today.
Thus, a possible breakout from the $0.00379 neckline will accelerate the buying momentum and push the prices higher to hit the $ 0.00505 previous resistance levels. This will bolster more buying pressure on the crypto to the upper resistance levels.
Notably, the market is now pointing up below the 14% range of the daily stochastic. This means the crypto market is oversold and the emergence of bullish pressure is crucial at this moment.
Hence, the bulls are expected to turn around the price of D2TUSD and the target might be the $0.01000 supply value amidst a market surge in the days ahead in its higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
Analyzing the chart above, we can see that D2TUSD is in a bullish market zone. The price currently trades slightly above the EMA-9. This means that the coin is in an uptrend.
The pair made it to the $0.00380 resistance level during the previous action and has sustained the coin price above the supply trend lines in its recent high.
At the time of writing this article, after completing the sideway moves, the Dash 2 Trade buyers successfully pushed the coin price up to a $0.00379 high level above the EMA-9.
This is an indication of an upward momentum in the context of the strength of the market. Hence, with sustained buying, the coin price could challenge the previous resistance zone of $0.00406 level, indicating buyers’ attempt to prolong the bullish rally.
Meanwhile, the pair has a target price of $0.01000 supply level amidst the market surge as it continues its uptrend movement to the upper resistance as indicated by the daily stochastic pointing upwards. Hence, the mentioned target might be reached soon in its medium-term perspective.
Perhaps the most helpful approach to improve your trading success is backtesting.
⚒️ Backtesting is perhaps the most valuable tool to improve your trading performance.
— Dash 2 Trade (@dash2_trade) April 18, 2024
In many ways it’s a gamechanger, allowing you to see how your strategies will fair in real-world market conditions.
Not convinced? Read our latest article!https://t.co/I5aA57V19o
Want a coin that has a huge potential for massive returns? That coin is Dash 2 Trade. Buy D2T now.
