Dash 2 Trade Price Predictions for Today, May 10: D2TUSD Might Head to $0.2000 Supply Level
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Dash 2 Trade Price Forecast: D2TUSD Might Head to $0.2000 Supply Level (May 10)
D2TUSD is facing a new correction to resume its upward rally. The coin is very likely to continue growing as we are seeing a bullish correction in place. The coin gave a bullish breakout from the $0.01162 level, suggesting buyers are making a recovery attempt. A possible breakout from this resistance will offer a higher footing for prices to bolster further price rallies. Thus, if the crypto’s price sustains above the $0.02338 high level, the potential rally could surge higher to hit $0.2000 and beyond.
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 rebounded after its massive drop. 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 bullish pressure at the $0.01242 supply level in the past few hours has made the coin remain above the supply trend levels in its recent price level.
After completing the low-dips by the sell traders at the $0.01162 low value, the bulls moved the D2TUSD price up to a $0.01207 high level above the EMA-9 as a pullback as the 4-hourly chart resumes today. This is a result of more concerns from the buy investors.
Therefore should the long traders increase their swagger in the market, the price is poised to pump up above the key resistance levels around $0.02338.
Also, the momentum indicator which is pointing up indicates that the price of Dash 2 Trade is in an uptrend and may possibly remain in that direction to hit the $0.2000 upper supply level and beyond soon in the higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
The market price of D2TUSD is currently trading in the bullish market zone in its medium-term perspective. This is due to the gradual returns from the buy traders.
Pressure from the bulls at the $0.01243 high value in the previous action has sustained its upward stability in its recent high.
The bulls made a corrective rally up to a $0.01207 high level above the EMA-9 approaching the overhead resistance shortly after the 1-hourly session opens today. This will enable the buy traders to influence the price tendency.
Further, the Dash 2 Trade price is pointing up indicating an uptrend as shown by the price indicator; it means that the buying pressure will continue. As a result of that, the bullish race might possibly reach the $0.2000 upper resistance level soon in its medium-term outlook.
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