Dash 2 Trade Price Prediction for Today, February 11: D2TUSD Price to Rally Up above the $0.015998 Resistance Level
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Dash 2 Trade Price Forecast: D2TUSD Price to Rally Up above the $0.01599 Resistance Level (February 11)
The market price of D2TUSD may likely rally up above the $ 0.01599 resistance level to resume its upside moves soon. Based on the outlook, if the resistance level rises above the mentioned supply value, a continuation of the upside is ensured.
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)
Dash 2 Trade is possibly making its way up after hitting the $0.01106 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 below the two EMAs.
However, the market is presently facing resistance at the recent high. 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 1-hourly chart opens.
The pullback at the $0.01115 resistance level suggests the returns of the buy traders in the market. Doing so will offer a higher footing for buyers to prolong this recovery. Traders are advised to use the opportunity to invest in the coin and make more gains.
Meanwhile, the D2TUSD pair is likely to appreciate further as indicated by the daily stochastic. Thus, this new bullish trend may possibly rally above the $0.15999 supply value which might reach a high at the $0.20000 supply level soon in its higher frame.
D2T (USD) Short-term Trend: Bearish (15-Minute)
The currency pair is trading in a bearish market in its short-term outlook. This is due to the high influence of the sell traders. However, the market is presently facing resistance at the recent high.
The market price of D2TUSD which increases to a $0.01114 high level suggests an improved bullish market sentiment. Thus, closing the 15-minute session above the $0.01599 resistance value will put the trade more on the buy side.
Next, the market is in an upward direction, this implies that a further downward pull is uncertain. Thus, if additional selling power is prevented, a post-retest rally may drive the prices high to hit the $0.20000 resistance level soon in its lower time frame.
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