Dash 2 Trade Price Predictions for Today, May 17: D2TUSD Price Could Turn Positive Soon
Estimated Reading Time: 3 minutes
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
Dash 2 Trade Price Forecast: D2TUSD Price Could Turn Positive Soon (May 17)
The market price of D2TUSD could turn positive soon. The coin may experience a possible reversal at the $0.00274 support level to resume its upside moves soon. A positive breakout confirmation that closes above the $0.00402 resistance level indicates the market is more optimistic. By doing this, buyers will have a stronger foundation to extend this recovery. As a result, a post-retest rally can push prices higher and reach the upper resistance trend level of $0.01000.
Key Levels:
Resistance levels: $0.00500, $0.00600, $0.00700
Support levels: $0.00250, $0.00200, $0.00150
D2T (USD) Long-term Trend: Bullish (4H Chart)
Despite the bear’s push, the 4-hourly market of D2TUSD indicates an uptrend with a bullish sentiment. The coin is trading slightly above the EMA-9. Thus, staying above the moving average will increase the coin price.
The sustained bullish pressure at the $0.00265 supply value in the previous action has made the crypto price remain above the supply levels in its recent low.
The market price of Dash 2 Trade after reaching the high of $0.00280 level, dropped to a $0.00274 support level above the EMA-9 as the 4-hourly chart resumes today. This is an indication of an uptrend.
Hence, should the bulls exchange hands with the sell traders and move the Dash 2 Trade price above the $0.00402 resistance value, additional intraday gains would be recorded for the buy investors.
Furthermore, there is a possibility for a price reversal at the mentioned support as the market price remains above the moving average. Staying above the supply trend gives the crypto the tendency to turn positive soon and this may likely break the $0.00402 high mark which might extend to the $0.01000 supply value in the coming days in the long-term outlook.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
The currency pair is in a bullish scenario in its medium-term outlook. This is due to the high influence of the buy traders. The Dash 2 Trade price is seen above the EMA-9, indicating an uptrend.
The market price of D2TUSD after hitting the $0.00280 supply value drops to a $0.00274 low level which is above the EMA-9 shortly after the commencement of the 1-hour chart today.
However, the currency pair could turn positive and grow further if the buy traders increase their buying motives and manage to break up the $0.00333 previous high level, maintaining a further growth potential for the buy traders.
Hence, we have a bullish bias that the coin price will turn positive soon as it remains in an uptrend. This will give the D2TUSD price the tendency to rise further which might further extend the coin price to the $0.01000 high trend line in the coming days in its medium-term outlook.
Want a coin that has a huge potential for massive returns? That coin is Dash 2 Trade. Buy D2T now.
