Dash 2 Trade Price Predictions for Today, January 21: D2TUSD Buyers Awaits Bullish Opportunity

Dash 2 Trade Price Forecast: D2TUSD Buyers Awaits Bullish Opportunity (January 21)

D2TUSD buyers await bullish opportunity as the selling pressure will soon be erased for the next bull cycle and a swift increase is expected to follow. Therefore, a bullish crossover above the $0.04164 high mark will encourage the buy investors for a longer correction and this might reach a high at $0.1000 upper supply trend line.

Key Levels:
Resistance levels: $0.05500, $0.06500, $0.07500
Support levels: $0.04500, $0.04000, $0.03500

D2T (USD) Long-term Trend: Bearish (Daily Chart)

The D2TUSD buyers await a bullish opportunity as the selling pressure is about to subside, and the pair is ready for a potential upward move in its long-term outlook. The price bar is below the moving average line, confirming its bearishness.
The interference of short-term traders to the $0.00090 low level in the past few days is the cause of its bearish status in its recent price level.

Today, as an outcome of low bullish momentum, the price action of Dash 2 Trade dropped down to a low at $0.00085 level, below the moving averages on the higher time frame. Meanwhile, traders can join the buy investors and buy the coin at a lower price for future gains.

Thus, if buyers eventually wrestle trend control from sellers and rebound from $0.00085 support, a positive breakout above the current support is needed to forecast a bullish increase in the market above the $0.00403 supply mark.

Further, should the coin price turn up from the $0.00085 support and jump above the $0.00403 supply level, the bearish thesis would get invalidated and may further extend the price of D2TUSD to the $0.01000 upper resistance level in the days ahead in its higher time frame.

D2T (USD) Medium-term Trend: Bullish (4H)

D2TUSD rebounded after its downside moves. The coin is journeying to the overhead resistance level in its medium-term time frame. The market shows that the pair will soon reach its buying time as it approaches the resistance levels.

The short traders’ pressure at the $0.00095 support level in the past session has contributed to the crypto’s bearishness in its recent low.

We have seen a breakout and the beginning of an upward trend. The Dash 2 Trade price has a correction phase with intraday gains after rebounding to the $0.00096 value below the EMA-50 as the 4-hourly chart opens today.

Such lower price rejection indicates buyers are defending this level and attempting to increase the coin price. Hence, a strong push above the $0.00152 supply level will offer high resistance to the crypto price.

In addition, the momentum indicator shows that the price of D2TUSD will still bounce up, so we expect the price distribution to reach the $0.01000 supply level and beyond in the coming days if buyers remain firm in its medium-term outlook.

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