Dash 2 Trade Price Predictions for Today, May 19: D2TUSD Price to Break Up at $0.02097 Level
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Dash 2 Trade Price Forecast: D2TUSD Price to Break Up at $0.02097 Level (May 19)
D2TUSD price may possibly resume an uptrend to break up the $0.02097 supply level soon. Having finished the downward correction, the crypto might likely continue its upside move if the current support at $0.01095 value holds, and the 4-hourly chart closes above the $0.01910 resistance level, then there is a high probability of the price breaking up its recent swing high, which is $0.02097 resistance value. This may likely extend and plunge prices to the $0.1000 upper resistance trend levels and beyond.
Key Levels:
Resistance levels: $0.04500, $0.05500, $0.06500
Support levels: $0.02500, $0.02000, $0.01500
D2T (USD) Long-term Trend: Bearish (4H Chart)
At the time of writing, D2TUSD is trading in a downtrend in its long-term perspective. The price responded to the shift in the market structure and is currently trading below the moving averages.
The cryptocurrency price has been below the supply trend levels since its most recent low due to the persistent bearish pressure over the last few days.
The coin is recovering from the recent correction as fresh buying emerges near the supply level following the upward race. The cryptocurrency has completed its correction and is now set for an upswing. The bulls have decided to shift the trend up after a series of lows shortly after today’s daily chart opens.
The buy traders pushed the market price of Dash 2 Trade up to the $0.01137 resistance value slightly below the two EMAs shortly after the 4-hourly chart opens today. A break above the $0.02097 value would intensify the buying pressure on the crypto.
The market price of Dash 2 Trade is pointing up on the daily stochastic; this means that the momentum in the coin price will likely remain and continues in an upward move. We can now expect the next jump by the bulls to reach a $0.1000 upper resistance level in the days ahead in its higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
The momentum on the medium-term outlook is starting to turn bullish as can be seen from the chart now. The price of D2TUSD is currently trading at the resistance slightly above the EMA-9. So it seems likely that the bulls are about to take over and push us higher.
After a series of ranging movements and interactions by the short traders, the bulls successfully caused a rise to a $0.01137 high level above the EMA-9 shortly after the commencement of the 1-hourly chart opens today. Thus, additional efforts by the bulls might possibly break up the previous high of $0.01322 resulting in an additional gain for the buy traders.
Meanwhile, the market is pointing up on the daily signal indicating a buy potential. This will now compel the long traders to emerge and push the market price of Dash 2 Trade up to a significant level of $1.000 upper high level in the days ahead in its medium-term time frame.
The D2T token, an ERC-20 token that grants its holders access to the D2T dashboard among other advantages, is the native digital asset of D2T.
The #D2T dashboard operates on top of the #ETH #Blockchain.
— Dash 2 Trade (@dash2_trade) May 17, 2023
The native digital asset of D2T is the $D2T token, an ERC-20 token that offers its holders a range of benefits such as access to the #D2T dashboard.
🔓Discover our Membership Tiers now – https://t.co/ExvBBjKIU6 pic.twitter.com/JTnJbdJRVk
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