Dash 2 Trade Price Predictions for Today, May 29: D2TUSD Price to Grow More – Go Long!
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Dash 2 Trade Price Forecast: D2TUSD Price to Grow More – Go Long! (May 29)
The Dash 2 Trade (D2TUSD) price is likely to grow more and an opportunity for long investors. Having finished the downward correction, the cryptocurrency might likely continue its upside move if the current support at $0.01144 value holds, and the 4-hourly chart closes above the $0.01562 resistance level, then there is a high probability of the price going up to its recent swing high, which is $0.01573 resistance trend line and further extend to the $0.1000 upper high level and beyond.
Key Levels:
Resistance levels: $0.01500, $0.01600, $0.01700
Support levels: $0.01200, $0.01100, $0.01000
D2T (USD) Long-term Trend: Bullish (4H Chart)
At the time of writing, D2TUSD is trading in an uptrend in its long-term perspective. The price is currently recovering and trades above the EMA-9 approaching the overhead resistance. This is an indication of an uptrend.
The bullish reversal at the $0.01203 high value in the previous action has sustained the coin above the trend line in its recent high.
As a result of price rejection in the previous action, buyers has been able to push the price of Dash 2 Trade higher to a $0.01155 high level slightly above the EMA-9 as the 4-hourly session opens today.
Actions from buyers have also increased the coin further up to the $0.01159 resistance value as it journeys up north.
Such lower price rejection indicates that buyers are defending at this level and attempting to push the price higher. Hence, a strong push above the $0.01573 supply level will offer a strong resistance to the crypto price.
Next, the momentum indicator pointing upwards suggests the continuation of the bullish trend. The price might possibly retest the $0.01573 supply value which might further extend to the $0.1000 upper resistance area in the days ahead in its long-term outlook.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
The market price of D2TUSD is currently trading in the bullish market zone. The price bars are seen above the EMA-9. The trend has just resumed its rising pattern but has not yet reaches its goal.
The coin has been having a series of move by the coin buyers which has enhanced its upward trend in its recent high.
The bulls made a corrective rally up to a $0.01158 supply trend line above the EMA-9 shortly after the 1-hourly session opens today. This is as a result of more concerns from the buy investors.
Therefore should the bulls increase their swagger in the market, the price is poised to pump up above the key resistance levels around the $0.01562 resistance level.
Also, the momentum indicator which is pointing up indicates that the price of Dash 2 Trade is in an uptrend and may possibly remain in that direction to hit the $0.1000 supply level and beyond soon in the medium-term time frame.
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