Dash 2 Trade Price Predictions for Today, April 12: D2TUSD Preparing for the Next Jump
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Dash 2 Trade Price Forecast: D2TUSD Preparing for the Next Jump (April 12)
Dash 2 Trade price is slightly in favor of the bulls at the moment. The coin currently trades at a $0.03313 supply value and is projecting a potential uptrend with the bullish crossover of the 9 and 50-day EMAs. If buyers are successful in the pattern breakout, the upsides might test the next supply level of $0.04164, which could further lead to the $0.1000 upper resistance level, accounting for a rise.
Key Levels:
Resistance levels: $0.05000, $0.06000, $0.07000
Support levels: $0.03500, $0.03000, $0.02500
D2T (USD) Long-term Trend: Bullish (4H)
Despite the interference of short-term traders in the price flow, the 4-hourly chart market of Dash 2 Trade shows a bullish race. The price bars can be seen slightly above the moving averages warming up for a strong upward rally.
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 4-hourly chart opens.
The buy traders pushed the market price of D2TUSD up to the $0.03313 resistance value slightly above the two EMAs shortly after the 4-hourly chart opens today. A break above $0.04164 would intensify the buying pressure on the crypto.
In addition to that, the coin is likely to continue moving up as we are seeing a bullish correction in place.
The market price of Dash 2 Trade is pointing up in the oversold region; this means that the momentum in the price of the coin 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 soon in its higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H)
Here, in the medium-term time frame, the D2TUSD pair is losing a bearish momentum, as can be seen from the chart below that the price is trading in an ascending channel.
The bullish pressure on the coin at the $0.03648 supply level in the previous action has sustained its price above the supply trend levels in its recent high.
As an outcome of the increased bullish impact, the buy traders made a rise to a $0.03313 high level slightly above the moving averages as the 1-hourly session resumed today. If the price is able to break above the $0.03648 resistance value, then we can expect a good bullish momentum.
Next, the daily stochastic which is pointing up indicates that the price of Dash 2 Trade might still continue in an upward trend. We, therefore, expect the next price jump to reach a significant level of $0.1000 soon in its medium-term outlook.
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