Dash 2 Trade Price Predictions for Today, May 2: D2TUSD Price Reaches New Resistance Trend Levels
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Dash 2 Trade Price Forecast: D2TUSD Price Reaches New Resistance Trend Levels (February 14)
Amid the broader crypto market recovery, D2TUSD price secured strong resistance at the $0.00787 high mark leading to a notable increase in the crypto’s price. The coin now reaches new resistance trend levels negotiating the upper resistance level. The crypto is showing positive signs close to the upper resistance line at the $0.00787 supply value. If the coin holders prove stronger and the price shows sustainability above the mentioned resistance value, its upside moves could extend further to reach the $0.01000 upper resistance level and beyond.
Key Levels:
Resistance levels: $0.00700, $0.00800, $0.00900
Support levels: $0.00500, $0.00400, $0.00300
D2T (USD) Long-term Trend: Bullish (4H Chart)
The past few hours’ trajectory in Dash 2 Trade price is still bullish under the influence of an ascending channel. This is due to the high order flow by the long traders.
The coin has been an interference with the buy traders in the previous action and has increased the price above the supply trend levels in its recent high.
The bulls successfully pushed the price of Dash 2 Trade up to the $0.00787 high mark above the resistance trend lines as the journey up north continues shortly after the 4-hourly chart opens today.
This indicates that the bulls remain dominant and have the market price at their disposal. Further increase in the buying pressure might lead the coin price to the $0.00819 high mark.
Notably, a bullish impact by the long traders toward the higher side is likely as indicated by the momentum indicator pointing in an upward direction, the bulls could therefore aim at the psychological level of $0.01000 upper resistance value in the days ahead as the crypto remains firm above the supply trend levels in its long-term perspective.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
The high inflows from the buy traders also made the D2TUSD price trades in the bullish trend zone in its medium-term outlook. The coin price is now strongly trading above the EMA-50 with huge volumes from the bulls.
The high bullish impact on the crypto in the past few hours has sustained its firmness above the supply levels.
Today, the bulls moved upward to the $0.00787 high value above the moving average lines as the 1-hourly chart opens. The cryptocurrency looks promising as the bulls remain dominant in the market at the moment.
If the bulls should increase their price action, and bullish momentum is sustained far above the $0.00858 resistance trend lines, further bearish sentiment will be hibernated.
Additionally, the daily stochastic which remains in an upward direction suggests the continuation of an uptrend. Hence, if Dash 2 Trade buyers manage to break above the mentioned supply trend line, the market participants may witness a new recovery rally and this may likely reach the $0.01000 upper high mark in the days ahead in its medium-term time frame.
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