Dash 2 Trade Price Prediction for Today, February 23: D2TUSD Price Still Trade in an Uptrend
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Dash 2 Trade Price Forecast: D2TUSD Price Still Trade in an Uptrend (February 23)
D2TUSD price still trades in an uptrend as the crypto is on its way to the upper resistance trend lines. Should the bulls regroup and push higher, a further bullish breakout from the $0.01688 value will accelerate the new correction phase. The $0.02000 upper resistance mark and beyond might be the target.
Key Levels:
Resistance levels: $0.01800, $0.01900, $0.02000
Support levels: $0.01400, $0.01300, $0.01200
D2T (USD) Long-term Trend: Bullish (4H)
The Dash 2 Trade market is having a bullish posture in its long-term outlook as can be seen from the chart below. Under the influence of this pattern, the coin price shows a series of new higher highs and higher lows indicating a steady uptrend.
The sustained bullish pressure at the $0.01642 resistance level in the previous action has made the crypto price remain stronger above the supply trend lines in its recent high.
The aggressive move by the bulls pushed the D2TUSD price up to the $0.01541 supply value above the moving average lines as the 4-hourly chart opens today.
Thus, the bullish correction at the mentioned supply value returns the buy investors to the market for the next increase race. This breakout is possible to give buyers a significant footing to bolster further rally.
In addition, the daily stochastic indicates an upward trend, this means that the buy investors may likely continue with the bull run and the target might be the $0.02000 resistance level soon in its long-term outlook.
D2T (USD) Medium-term Trend: Bullish (1H)
The D2TUSD price remains in a bullish trend market in the medium-term outlook. This is due to the high impact of long-term traders on the price flow.
The high bullish pressure on the crypto in the past few hours has sustained the coin price above the supply trend lines.
The coin price found a reliable resistance after completing the downside moves at the $0.01541 value as a pullback above the EMA-50 with its wick touching the EMA-9 as the 1-hourly session resumes today. Thus, it is very likely that the bulls will continue rising as we are seeing a bullish correction in place at the present.
Hence, Dash 2 Trade is showing more upside possibility as shown by the momentum indicator pointing up in the oversold region of the market; we can certainly expect more gains and strength from the coin. The pair may likely reach the $0.02000 resistance level in the days ahead in its medium-term time frame.
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