Dash 2 Trade Price Predictions for Today, May 18: D2TUSD Price Is Rising Again, Buy!
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Dash 2 Trade Price Forecast: D2TUSD Price Is Rising Again, Buy! (May 18)
The D2TUSD price is rising again, an opportunity for the buy investors is near as the bulls are in a recovery attempt at the moment. The pair at the moment is trying hard not to fall by resisting sellers, in case the bulls’ pressure breaks up the resistance level of $0.02097, the coin price may increase to a $0.15000 high level and beyond.
Key Levels:
Resistance levels: $0.05500, $0.06500, $0.07500
Support levels: $0.03000, $0.02500, $0.02000
D2T (USD) Long-term Trend: Bearish (4H Chart)
The Dash 2 Trade price is in a bearish movement at present. This is due to the order flow from the short traders. The coin price is currently trading slightly below the moving average lines. However, the current trend will soon be nullified as the coin is now showing a recovery attempt by the bulls.
The bears caused a drop to the $0.01150 support value during yesterday’s session which really made the coin price stay below the supply trend levels in its recent high.
Earlier today, after completing the low-dips by the sell traders at the $0.01165 commitment by the bulls now retraced the price of D2TUSD from the mentioned support to a $0.01170 high mark.
Meanwhile, the current price shows a power struggle at the overhead resistance trend line, resisting the start of another bear cycle.
In a similar vein, the daily stochastic indicates an uptrend, should the bulls change their orientation and the buying pressure persists, the coin might possibly give a bullish breakout of the bearish pattern to retest the $0.02097 supply level, this may eventually lead the Dash 2
Trade price to the $0.15000 high mark in the coming days in its long-term perspective.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
The momentum on the medium-term outlook is in an ascending channel as can be seen from the chart below. The price of D2TUSD is currently trading at the resistance above the EMA-9. So it seems likely that the bulls are about to take over and push us higher.
However, the previous action at the $0.01179 high level during yesterday’s session has really sustained the coin price to remain above the trend line in its recent time.
After a series of range movements, the bulls successfully pull out of the shell to the $0.01170 resistance value above the EMA-9 as the 1-hourly chart resumes today. Thus, closing the 1-hourly session above the $0.01421 previous supply level will put the trade more on the buy side.
Additionally, the coin market will rise further as shown by the price indicator which is pointing upwards, if the buy traders should increase their price actions, and bullish momentum is sustained above the $0.01421 high mark, the Dash 2 Trade price may likely pump up to a significant level at a $0.15000 upper resistance mark and beyond in its medium-term time frame. This signals a BUY trade again in its medium-term time frame.
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