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Dash 2 Trade Price Prediction for Today, April 27: D2TUSD Possible Reversal at the $0.01844 Support Level

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Dash 2 Trade Price Prediction for Today, April 27: D2TUSD Possible Reversal at the $0.01844 Support Level

Dash 2 Trade Price Forecast: D2TUSD Possible Reversal at the $0.01844 Support Level (April 27)
The market price of D2TUSD may experience a possible reversal at the $0.01844 support level to resume its upside moves soon. Should the bulls push higher and close above the $0.03648 resistance value, a bullish breakout confirmation will reflect the improved market sentiment. Doing so will offer a higher footing for buyers to prolong this recovery. Thus, a post-retest rally may drive the prices high to hit the $0.1000 upper resistance trend level.

Key Levels:
Resistance levels: $0.05500, $0.06500, $0.07500
Support levels: $0.03500, $0.03000, $0.02500

D2T (USD) Long-term Trend: Bearish (4H)
The Dash 2 Trade price is forming lower lows and lower highs on its long-term chart. Further, the price is trading below the two EMAs; it means that it’s in a bearish market zone at the moment.
Dash 2 Trade Price Prediction for Today, April 27: D2TUSD Possible Reversal at the $0.01844 Support Level
However, the current trend will soon be nullified as the market now approaches the oversold region. The sustained bearish pressure at the $0.02041 support value has made the crypto price drop below the supply levels in its recent low.

The price of D2TUSD at the $0.01797 low value below the two EMAs as the 4-hourly chart opens today is a result of low bullish momentum. Thus, traders who buy the coin during the bearish market will also make gains in the future.

Should the coin price turn up from the $0.01797 support and jump above the $0.03648 previous supply mark, the bearish thesis would get invalidated.

Meanwhile, there is a possibility for a price reversal at the mentioned support as the market now approaches the oversold region of the daily stochastic. This upcoming bullish rally may likely break up the $0.03648 high mark which might possibly hit the $0.1000 supply value in the coming days in the long-term outlook.

D2T (USD) Medium-term Trend: Bearish (1H)
The currency pair is trading in a bearish market in its medium-term outlook. This is due to the high influence of the sell traders.
Dash 2 Trade Price Prediction for Today, April 27: D2TUSD Possible Reversal at the $0.01844 Support Level
The market price of D2TUSD which dropped down to the $0.01797 low level below the moving averages as the 1-hourly chart opens today suggests a downtrend in the context of the strength of the market.

Thus, should the bulls increase their buying pressure and challenge the bears at the mentioned support value, the coin price could turn upside to retest the $0.02338 previous high.

Next, the pair has fallen to level 18% of the daily stochastic. It indicates that the pair is now in the oversold region of the market. It implies that the selling pressure is likely to run to an end.

We will now be looking into the emergence of buyers in the oversold region of the market. If this is achieved, the price of Dash 2 Trade might turn upside to hit the $0.1000 resistance level in the days ahead in its medium-term outlook.

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