Dash 2 Trade Price Predictions for Today, May 24: D2TUSD Price Remains in an Uptrend at the $0.01462 Supply Value
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Dash 2 Trade Price Forecast: D2TUSD Price Remains in an Uptrend at the $0.01462 Supply Value (May 24)
Today, the D2TUSD pair sends a clear bullish signal that the bulls are still strong. The coin at the moment is currently recovering and also maintains its bullish race. The crypto is showing positive signs above the $0.01459 supply value. If the coin holders could prove stronger and the price shows sustainability above the $0.01743 previous high value, its, upside moves could extend further to reach a $0.1000 high level and beyond.
Key Levels:
Resistance levels: $0.01700, $0.01800, $0.01900
Support levels: $0.01500, $0.01000, $0.00900
D2T/USD Long-term Trend: Bullish (4H Chart)
D2TUSD indicates an upward trend with a bullish sentiment in its long-term perspective. The coin is trading above the level of $0.01459. The market is presently seen progressing upward and facing the upper resistance at the recent high. Buyers are confident about gaining higher levels and this confirms their high impact in the market at present.
The buy investors actually made a jump to the $0.01284 supply value above the supply levels during the previous action and sustained it; this really enabled the crypto to remain strong above the trend lines in its recent high.
The momentum continues today after a series of dip-lows by the sell traders, the bulls made a corrective move to a high at the $0.01462 mark above the two EMAs as the 4-hourly chart opens today. This shows the high impact of the buy investors on the Dash 2 Trade market; likewise, the downside risk remained uncertain.
Hence, new buying motives by the long traders toward the higher side are likely as indicated by the momentum indicator pointing in an upward direction; the bulls could therefore aim at the psychological level of $0.1000 upper resistance value in the days ahead as the cryptocurrency maintains its bullish race in its long-term perspective.
D2T /USD Medium-term Trend: Bullish (1H Chart)
Despite the interference of short-term traders in the price flow, the D2TUSD pair is in a resistance zone on the medium-term outlook. Firstly, the crypto has broken above the moving averages which indicates a possible rise of the pair.
The bullish pressure at the $0.01284 supply value in the previous action has sustained the coin price above the resistance levels in its recent price.
The drop in the price of Dash 2 Trade to the $0.01462 low value as the 1-hourly chart commenced today has no serious effect on the market as the price remains in an uptrend.
This shows the high bullish impact on the coin. Hence, staying above the supply levels indicates a strong possibility for a bullish correction. A strong breakup above the $0.01521 resistance point would strengthen the bullish pressure.
The D2TUSD price 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 resistance trend lines, further bearish sentiment will be hibernated.
Additionally, trading above the moving averages will enable the market value of Dash 2Trade to keep pushing up. Therefore, if the bulls should add more aggression to their activities in the market, a $0.1000 upper resistance level might be reached in the coming days in its medium-term perspective.
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