Dash 2 Trade Price Predictions for Today, May 17: D2TUSD Price Close to $0.2000 Supply Level, Buy Now!
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Dash 2 Trade Price Forecast: D2TUSD Price Close to $0.2000 Supply Level, Buy Now!(May 17)
The Dash 2 Trade price is close to the $0.2000 supply level and has already increased significantly in the previous actions; obviously, the bears are clearly losing control. The cryptocurrency may likely hit the previous high at the $0.02338 resistance level provided the current support level at $0.01175 holds. If this is attained by the bulls, the accelerated buying pressure may increase the coin price to hit the $0.2000 upper resistance level, resulting in an intraday gain and a potential buy signal for the coin holders.
Key Levels:
Resistance levels: $0.01500, $0.01600, $0.01700
Support levels: $0.01200, $0.01100, $0.01000
D2T (USD) Long-term Trend: Bullish (1H)
Despite the interference from sellers, the D2TUSD price still trades in the bullish trend market in its higher time frame. Price is trading above the supply trend lines again. This however confirms the presence of more bulls’ impact on the coin.
The sustained bullish pressure pushed the currency pair up to the $0.01145 supply level during yesterday’s session and sustained it till its recent high.
The bulls continue the journey up north to the $0.01200 high mark above the EMA-9 as the 4-hourly session resumes today. This indicates and shows the high impacts of the bulls on the cryptocurrency, thus a turnaround and more intraday gains for the coin buyers.
Thus, a possible breakout from the $0.01200 neckline will accelerate the buying momentum and push the prices higher to hit the 0.02338 previous resistance levels.
Meanwhile, the Dash 2 Trade pair has a target price of level $0.2000 as it continues its uptrend movement to the upper resistance as indicated by the daily stochastic pointing upwards. The mentioned target might be reached in the coming days from a long-term perspective.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
D2TUSD can be seen progressing forward in its medium-term perspective. Buyers are having the market at their disposal at the moment. The bulls’ pressure on the crypto in the past few hours has sustained its bullishness in its recent high.
Today, the bulls caused a rise to a $0.01200 high level above the moving averages to resume its uptrend. From the look of things, it seems it will keep growing. This will also give the buy traders the motive to influence the price tendency.
However, if the buy traders successfully keep the Dash 2 Trade prices above the $0.01421 resistance level, a retest of the previous high at the $0.01524 level is possible which may further extend the coin price to the $0.2000 upper high level in the coming days in its medium-term time frame.
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