Dash 2 Trade Price Predictions for Today, April 4: D2TUSD Preparing for the Next Big Bounce
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Dash 2 Trade Price Forecast: D2TUSD Preparing for the Next Big Bounce (April 4)
D2TUSD is preparing for the next big bounce and a swift increase is expected to follow soon. After the low dips, the usual big bounce must follow. The bulls can be seen in the market getting prepared for the bull cycle. Therefore, a bullish crossover above the $0.00558 high mark will encourage the buy investors for a longer correction and this might reach a high at the $0.01000 upper supply trend line.
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)
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 interference of short-term traders to the $0.00380 low level in the previous action has contributed to its bearish momentum in recent times.
After the completion of the slight low dip at a $0.00414 low value during the last session, the buy investors managed to drag the Dash 2 Trade price to a resistance point at the $0.00415 level shortly after the 4-hourly chart opens today.
This shows that the buy traders are more concerned about the crypto market and may seize the opportunity to buy the crypto at a lower price now for more gains.
The current correction value may likely prolong the bullish rally to break its previous high at the $0.00558 value if the bulls could add more strength to their buying power.
Further, the D2TUSD price now points up on the daily stochastic, this suggests that the buying pressure has just begun. Thus, this forthcoming big bounce may drive the crypto price to test the previous high at the $0.00558 level and extend to the $0.01000 upper resistance trend line in the days ahead in its higher time frame.
D2T (USD) Medium-term Trend: Bearish (1H)
The momentum on the medium-term outlook looks bearish but it is starting to turn sideways as can be seen from the chart now.
The price of D2TUSD is currently trading at the resistance close to the EMA-9. So it seems likely that the bulls are about to take over and push us higher.
The cryptocurrency price has been below the supply trend levels since its most recent low due to the persistent bearish pressure over the last few hours.
Today, the coin price is in a ranging move at the $0.00415 supply level below the two moving averages as the 1-hourly chart opens.
Meanwhile, the currency pair could grow further if the buy traders could redouble their buying action and manage to break up the $0.00505 previous high level, this will enhance further growth potential for the buy traders.
Adding to this, further upside is likely as the price indicator now shows that the market is already oversold. This means that the coin price will continue in an uptrend and this may likely hit the $0.01000 supply mark and beyond soon in its medium-term time frame.
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