Dash 2 Trade Price Prediction for Today, February 16: D2TUSD Looks More Bullish at the $0.00851 Resistance Value
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Dash 2 Trade Price Forecast: D2TUSD Looks More Bullish at the $0.00851 Resistance Value (February 16)
Despite the global market upheaval, the D2TUSD pair is making positive moves and looks more bullish and encouraged at the $0.00851 current resistance value. The recent market structure points to a rise shortly and exhibits impressive stability. If the coin price could sustain above the pattern supply trend line at the $0.00877 mark, the coin price may trigger up to the overhead resistance mark at the $0.02000 level, thus a clear buy signal and a good crypto signal for all traders.
Key Levels:
Resistance levels: $0.00700, $0.00800, $0.00900
Support levels: $0.00400, $0.00300, $0.00200
D2T (USD) Long-term Trend: Bullish (4H)
Despite the interference from the sell traders, the D2TUSD pair looks more bullish and still trades in the bullish trend market. Price is trading above the supply trend lines again. This however confirms the presence of more bulls’ impact on the coin.
The previous action at the $0.00837 high level has made it possible for the altcoin price to remain above the trend line in its recent high.
As an outcome of low bearish momentum, buyers are hindering the market from smashing through the support zones. The coin price at a $0.00851 high value is undeniably bullish as the 4-hour session opens today. Thus, buyers must redouble their efforts to forecast a bullish increase in the market above the $0.00877 supply mark.
In addition, the Dash 2 Trade price may likely continue in the same bullish trend as the market is pointing up on the daily stochastic. So, the price could be ready very soon for a bullish pattern continuation. In this case, a significant level above the $0.02000 supply trend line might be the target soon in its higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H)
The D2TUSD pair is positive. The coin is witnessing a notable uptick in its medium-term time frame, trading in a bullish trend. The bulls’ pressure on the crypto in the past few hours has sustained its bullishness in its recent high.
Today, the bulls caused a rise to a $0.00851 high level above the moving averages to resume its uptrend. From the look of things, it seems the Dash 2 Trade pair will keep growing.
However, the bullish growth will face a formidable resistance trend line if the bulls can break above the $0.00877 barrier, which may invalidate the selling pressure.
In addition to this, the D2TUSD price is pointing upward on the daily stochastic, indicating an upward move. We, therefore, expect a breakup of $0.00877 and growth of the price to the resistance of $0.02000 value in the near days in its medium-term time frame.
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