Dash 2 Trade Price Predictions for Today, March 31: D2TUSD Getting Ready for the Next Bullish Race
Estimated Reading Time: 3 minutes
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
Dash 2 Trade Price Forecast: D2TUSD Getting Ready for the Next Bullish Race (March 31)
D2TUSD at the moment is trying hard not to fall by resisting sellers; the coin is now facing the resistance level. In case the bulls’ pressure breaks up the supply level of $0.03393, the coin price may increase further to a $1.000 high trend line which indeed will be a turnaround for the coin holders.
Key Levels:
Resistance levels: $0.05500, $0.06500, $0.07500
Support levels: $0.03500, $0.03000, $0.02500
D2T (USD) Long-term Trend: Bullish (4H)
Dash 2 Trade is possibly making its way up after hitting the $0.02776 level to overcome resistance to signal a pump-up. It looks like the price will want to bounce up again in the long term. The coin is trading above the EMA-50, approaching the EMA-9. However, the market is presently facing resistance at the recent high.
Despite the interaction by the bears, the bulls successfully pushed the coin price up to the $0.02816 high mark above the EMA-50 as the journey up north continues shortly after the 4-hourly chart opens today. This indicates that the buy traders are actively buying at this level to return fully into the market and are also ready to move the coin price further upward.
Now, if the price on the 4-hourly chart closes above the $0.03276 high value, then there is a high probability of the price going up to its recent swing high, which is the $0.03393 level.
Similarly, the daily stochastic indicates that the selling pressure has been exhausted. Buyers are expected to continue with the bullish trend. Thus, the next bullish pattern might push the price of D2TUSD up to the $1.000 upper supply mark in the coming days in the long-term perspective.
D2T (USD) Medium-term Trend: Bearish (1H)
D2TUSD is in a bearish trend market in its medium-term view. The price can be seen in green slightly below the two EMAs, indicating a bearish trend. However, it seems that the bulls are about to take over and push us higher. There are multiple possible targets at this point, but either way, the pair is on its way to the resistance area.
The bears’ pressure to the $0.02848 support level in the previous action has made the coin price trade below the supply trend levels in its recent high.
The bulls caused a rise to the $0.02816 high level below the two EMAs shortly after the 1-hourly chart opened today. This indicates that the bulls are coming gradually into the market to stage a play. Further increase in the buying pressure will lead the price of Dash 2 Trade to the $0.03276 previous high mark.
Hence, the market is pointing up in the oversold region; this will quicken the emergence of more buyers to move the coin price up to a significant level on the upside and this might hit the $1.000 upper resistance trend mark as the Dash 2 Trade market turn bullish again soon in its medium-term outlook.
Join the D2T community to stay up to date on the newest developments and insights in cryptocurrency trading.
https://twitter.com/dash2_trade/status/1641455302284546051
Want a coin that has a huge potential for massive returns? That coin is Dash 2 Trade. Buy D2T now.
