Dash 2 Trade Price Predictions for Today, April 29: D2TUSD Price to Grow More – Buy!
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Dash 2 Trade Price Forecast: D2TUSD Price to Grow More – Buy! (April 29)
D2TUSD, having finished the downward correction, the coin might likely resume the upside move fully if the current support at $0.01909 holds, and the price on the 4-hourly chart, closes above the $0.03648 supply level, then there is a high probability of the price going up to the upper resistance value at the $0.1000 resistance level.
Key Levels:
Resistance levels: $0.01700, $0.01800, $0.01900
Support levels: $0.01200, $0.01100, $0.01000
D2T (USD) Long-term Trend: Bearish (4H)
Dash 2 Trade is in a bearish market zone in its higher time frame. The price is currently recovering and trades below the two EMAs. This is due to the inflow from the short traders.
The cryptocurrency has interference with the sell traders in the previous action and has dropped the price below the supply trend levels in its recent high.
The coin responded to a shift in the trend and pushed the price up to the $0.01913 supply mark below the supply trend lines as the 4-hourly session opens today. This is an indication that the buy traders are returning to stage a play in the market. Meanwhile, more gains are possible if the bulls can put extra effort into the price action.
Now, if the price on the 4-hourly chart closes above the $0.03613 value, then there is a high probability of the price going up to its recent swing high, which is the $0.03648 supply mark.
Further, the D2TUSD price may likely continue in the same bullish trend as the daily stochastic shows. So, the price could be ready very soon for a bullish pattern continuation and this may reach the $0.05500 resistance level which may further extend to the $0.1000 high value and beyond in the coming days in its higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H)
Despite the interference from the sell traders on the medium-term outlook, the currency pair is in an upward move. The price of Dash 2 Trade is slightly above the moving average lines.
The bulls’ intervention in the coin market in the previous action has made it capable for the price to stay above the trend line in its recent high.
The momentum continues today as the bulls made an increase to the $0.01913 supply level above the two EMAs as the 1-hourly chart opens today.
Furthermore, buyers have struggled to sustain above the $0.01909 supply level in the previous action, if buyers continue to hold this momentum, the price may break up the previous swing high at the $0.02338 resistance value.
Hence, the market price is pointing upwards on the daily stochastic; this implies that the price action of D2TUSD is in an uptrend, and in this case, the coin is liable to grow further and reach the $0.1000 supply level in the coming days in its medium-term perspective as we watch the market remains bullish.
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