Dash 2 Trade Price Prediction for Today, February 27: D2TUSD Remains Strong above the $0.01835 Supply Value
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Dash 2 Trade Price Forecast: D2TUSD Remains Strong above the $0.01835 Supply Value (February 27)
D2TUSD price will keep rising based on the outlook. The coin has been in a bullish rally in the previous action and from the look of it, it will keep growing. Hence, a further increase in the bulls’ action may trigger the coin price up and break out the previous high at the $0.01939 mark, this may extend the price action to reach the $0.02500 resistance trend line and beyond.
Key Levels:
Resistance levels: $0.01700, $0.01800, $0.01900
Support levels: $0.01200, $0.01100, $0.01000
D2T (USD) Long-term Trend: Bullish (4H)
D2TUSD is in a bullish scenario as can be seen on the 4-hourly chart below. Sellers are in a panic as the prices remain above the moving averages, confirming an uptrend.
The sustained bullish pressure at the $0.01850 supply value has made it capable for the crypto to remain strong above the supply trend levels.
Earlier today, after making a smooth ride up to a $0.01899 high mark, interaction from sellers drove the coin price down to a low at $0.01835 value above the moving averages; this signifies that the buy investors still remain dominant in the market, and are actually buying the coin.
Thus, should the bulls change their orientation and the buying pressure persists, the coin might possibly give a bullish breakout of the bearish pattern to retest the $0.01939 supply level, this may eventually lead the Dash 2 Trade price to the $0.02500 high mark in the coming days in its long-term perspective.
D2T (USD) Medium-term Trend: Bullish (1H)
D2TUSD is in a bullish race in the medium-term outlook. Buyers also made an upward move to the $0.01835 resistance level before the end of yesterday’s session. This gave the bulls more strength to continue with the trend.
The bulls are not relenting, an increase in price to the $0.01872 supply value above the two EMAs as the 1-hourly session opens today, shows that the buy traders are actually on top of the market at the moment. Meanwhile, the current price shows a power struggle at the overhead resistance trend line, resisting the start of another bear cycle.
In addition, if the buy traders should increase their price action, and bullish momentum is sustained, the Dash 2 Trade price may likely pump up to a significant level at a $0.02500 value and beyond at the upside before the close of today. This signals a BUY trade again in its medium-term time frame.
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