Dash 2 Trade Price Predictions for Today, April 25: D2TUSD Price Potential for a Bullish Rise
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Dash 2 Trade Price Forecast: D2TUSD Price Potential for a Bullish Rise (April 25)
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 $0.01775. Meanwhile, the coin price will most likely continue its bullish run and the price could still go higher if the price is able to break up the $0.04164 value, then we can expect a good upside momentum up to the $0.1000 upper supply level and a potential buy signal.
Key Levels:
Resistance levels: $0.05500, $0.06500, $0.07500
Support levels: $0.03500, $0.03000, $0.02500
D2T (USD) Long-term Trend: Bearish (4H Chart)
At the time of writing, Dash 2 Trade portrays a bearish market trend in its long-term outlook. The price responded to the shift in the market structure and is currently below the moving averages.
The price drop to the $0.01738 low value during the previous action has made the coin price trade below the supply levels. This will soon be invalidated as the trend has just resumed its rising pattern but has not yet reached its goal.
Today, the price was able to pull back and is taking the $0.01775 resistance near the EMA-9. Hence more upsides are possible if it breaches the moving averages.
Based on the outlook, should the bulls push higher and close above the $0.04164 high mark, 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 resistance trend level.
Similarly, the D2TUSD pair is pointing upwards in the oversold region, under the influence of this market level, the coin should rise steadily soon and break up the previous high at the $0004164 level to reach the $0.1000 resistance level soon as we watch the crypto market turns bullish in the long-term perspective.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
Analyzing the chart below, we can clearly see that D2TUSD is in a bullish market zone. The price currently trades above the EMA-9 making higher highs and moving toward the major upper resistance area.
The sustained bullish pressure at the $0.01810 level during yesterday’s session actually made it capable for the buy investors to retain the strength in its recent high.
The market value of Dash 2 Trade at the $0.01775 high level can be seen above the EMA-9 approaching the overhead resistance as the 1-hourly chart opens today, which makes it capable for the coin to remain stronger.
Hence, the bullish momentum might be triggered and the price may likely increase to break up the $0.02090 previous high value soon if the current support remains unmoved and the bulls should speed up their activities in the market.
Thus, D2TUSD indicates an uptrend on the daily stochastic, this means that the coin price will still continue in an upward move and in this case, the $0.1000 supply level may be the target in its medium-term perspective.
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