Dash 2 Trade Price Prediction for Today, February 10: D2TUSD Price Will Turn Upside Soon
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Dash 2 Trade Price Forecast: D2TUSD Price Will Turn Upside Soon (February 10)
D2TUSD price may possibly turn upside to resume its uptrend. Crypto is on the verge of reversal at the moment. An increase in the bulls’ pressure may break up the supply mark at $0.01599 and this may swing up the crypto price to a $0.02500 upper resistance mark and beyond.
Key Levels:
Resistance levels: $0.01800, $0.01900, $0.02000
Support levels: $0.01400, $0.01300, $0.01200
D2T (USD) Long-term Trend: Bearish (1H)
The D2TUSD pair is in a downward move in its long-term perspective. The price bar is below the moving average lines indicating a bearish trend.
The interference from the bears at the $0.01150 support level during the previous action has moved the price down below the supply trend levels.
Earlier today, the inflow from the bears dropped the coin price to a low at the $0.01188 support value below the moving averages even as the 1-hourly session opens today. Thus, traders who buy the coin during a bearish market session will also make profits. Hence, should the bulls respond to the shift in the trend and challenge the current support value, a further bearish thesis would be nullified.
In addition, the market is approaching the oversold region, this will bring the emergence of more buyers soon and push the price of Dash 2 Trade to the upside, and in this case, the bullish correction rally might extend the coin price to the $0.02500 upper resistance value in the coming days in the higher time frame.
D2T (USD) Short-term Trend: Bearish (15-Minute)
The price of D2TUSD is in a bearish move in its short-term time frame. The prices are seen slightly below the moving averages, this is due to the brief returns of sellers which may soon fade off. Further, the price is gathering momentum and has decided to face the upsides to achieve more gains.
Now, the current pullback at the $0.01204 supply value as the 15-minute chart opens today indicates the return of the long traders to stage a play and dominate the market actions.
Should buyers prove strong and move the price above the previous high at the $0.01399 level, further selling pressure will be hibernated.
Hence, Dash 2 Trade market is pointing upwards at the oversold region of the daily stochastic. This means that the market is oversold. This will compel the bulls to resume the bullish trend. We can certainly expect more gains and strength from the coin now. As a result of this, the pair may likely turn to the upside to retest the $0.01400 resistance level and this may extend the price to a $0.02500 high mark
in the days ahead in its lower time frame.
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— Dash 2 Trade (@dash2_trade) February 9, 2023
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