Dash 2 Trade Price Prediction for Today, May 1: D2TUSD Will Jump Soon, Watch out for BUY!
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Dash 2 Trade Price Forecast: D2TUSD Will Jump Soon, Watch out for BUY! (May 1)
D2TUSD selling pressure may possibly end soon and the coin price could be ready for an upward movement. If the buy investors could prove stronger the more and the price shows sustainability above the $0.03648 resistance value, its upsides should extend further. Then we can expect a shift in trend to reach a $0.2000 upper resistance level.
Key Levels:
Resistance levels: $0.018000, $0.019000, $0.020000
Support levels: $0.014000, $0.013000, $0.012000
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.
The sustained bearish pressure in the past few hours has made the cryptocurrency price remain below the supply trend levels at its recent low.
Meanwhile, the current price at a $0.01748 low value below the supply trend lines has not stale the market condition of the coin. Further, investors may seize the opportunity now and buy the coin at a lower price and look for more gains ahead.
Meanwhile, further downsides are unlikely as the market price of D2TUSD has reached the oversold region. The coin will resume an uptrend soon, so we can now grow in confidence that a potential buyer is coming near.
The price jump could hit the the$0.2000 resistance level in the coming days, indicating a strong supply zone for a potential BUY in its higher time frame.
D2T (USD) Medium-term Trend: Bearish (1H)
The coin also trades in a bearish trend market in the medium-term outlook. This is due to the high impact of short-term traders on the price flow.
The sell traders made a downward move to the $0.01898 support level before the end of yesterday’s session. This gave sellers more strength to continue with the trend in its recent low.
The market price of D2TUSD which increases to a $0.01751 high level below the two moving averages as the 1-hourly session opens today suggests the return of the bulls to the market and an improved bullish market sentiment. Thus, closing the 1-hourly session above the $0.02097 supply level will put the trade more on the buy side.
The pair is pointing upwards at around the 13% range of the daily stochastic. It indicates that the Dash 2 Trade price is now in the oversold region of the market. It implies that the selling pressure has ended. We will now be looking into the emergence of buyers in the oversold region of the market. This crossover could encourage the breakout rally to hit the the$0.2000 supply level soon in its medium-term time frame.
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