Dash 2 Trade Price Predictions for Today, May 18: D2TUSD Bulls Will Push Higher
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Dash 2 Trade Price Forecast: D2TUSD Bulls Will Push Higher (May 18)
The D2TUSD bulls will push higher having finished the downward correction. An ascending trend line is currently reinforced allowing the bulls to put up a strong fight and prevent further losses. If all the support holds and the buy traders increase their market force, the coin will likely stick to its current trajectory and push higher to the $0.01000 upper resistance level.
Key Levels:
Resistance levels: $0.00500, $0.00600, $0.00700
Support levels: $0.00300, $0.00200, $0.00100
D2T (USD) Long-term Trend: Bullish (4H Chart)
The D2TUSD pair is marking a key turning point in the higher time frame, as seen from the chart below. The price is recovering and trades above the EMA-9 approaching the overhead zone. This is an indication of an uptrend.
The bullish reversal at the $0.00265 high value in the previous action has sustained the crypto price above the supply trend line lately.
As a result of price rejection in the previous action, buyers have been able to push the price of Dash 2 Trade higher to a $0.00274 high level above the EMA-9 as the 4-hourly session opens today, marking a key turning point with a growing momentum.
Hence, if buyers continue to hold this momentum, the price may break the previous swing high at the $0.00402 resistance value, indicating growing momentum in the Dash 2 Trade market.
Notably, the market price of D2TUSD is pointing upwards on the daily stochastic; this implies that the price action is in an uptrend, and in this case, the coin is liable to jump further and reach the $0.01000 supply level in the coming days in its long-term perspective as we watch the market remains bullish.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
The coin is also displaying a bullish posture in its medium-term outlook. This is due to the high inflow from the long traders.
The increase in the momentum by the bulls at the $0.00265 supply value during yesterday’s session has enabled the Dash 2 Trade price to stay strong above the resistance lines lately.
The D2TUSD bulls made a strong bullish move to a $0.00274 high level above the EMA -9 to gain more strength as the 1-hour chart opens today. This bullish breakout will offer the first signal for potential recovery and provide a higher footing to push the bull rally forward.
As a result, the post-breakout rally could drive the Dash 2 Trade price higher to the $0.00333 supply level as the momentum indicator shows that the market is in an uptrend.
We now expect the buy investors to push the crypto further up to a significant level around the $0.01000 upper high level in the days by in its medium-term outlook.
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