Dash 2 Trade Price Predictions for Today, April 8: D2TUSD Heading towards $0.1500 Supply Level
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Dash 2 Trade Price Forecast: D2TUSD Heading towards $0.1500 Supply Level (April 8)
D2TUSD is facing a new correction to resume its upward rally. A possible breakout from this resistance will offer a higher footing for prices to bolster further price rallies. The $0.04164 breakout could push the prices higher to hit the $0.1500 supply level.
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)
Dash 2 Trade turns positive again today. The momentum on the higher timeframe (4H) is bullish. So it seems likely that the bulls are about to take over and push us higher.
The price bars are seen above the supply trend levels; this means that buyers are dominant in the market at the moment. The high order flow from the bulls at the $0.03578 level during the past session also added to its bullish trend in its recent high.
The bulls increase their pressure and move the market price of D2TUSD up to a $0.03203 high level as the 4-hourly chart opens today. This makes it possible for the coin to remain positive and good for a BUY position. This gives room for a more bullish impact on the market at the moment.
In addition to that, the daily stochastic indicates an upward trend, this means that the buy investors may likely continue with the bull run and the target might be the $0.1500 upper resistance level in the days ahead in its long-term outlook.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
From the chart below we can be assured that D2TUSD is in a bullish move in its medium-term view. The price bar can be seen above the moving averages. This shows that buyers are currently gaining more strength in the market.
The coin has been having a series of higher highs and higher lows in the past few hours which have sustained the bullish impact on the cryptocurrency.
The crypto’s price rises to a $0.03203 supply level above the two EMAs after the recent threat of increasing. Hence, staying above the supply levels indicates a strong possibility for a bullish correction. A strong breakup above the $0.04164 resistance point would strengthen the bullish pressure.
In a like manner, the momentum indicator which is pointing up also indicates that the price action of Dash 2 Trade will remain on the upside and a $0.1500 upper high level might be the target in the days ahead in its medium-term perspective.
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