Dash 2 Trade Price Prediction for Today, March 15: D2TUSD Price Set for an Upswing As Buyers Reclaimed Crucial Supply
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Dash 2 Trade Price Forecast: D2TUSD Price Set for an Upswing As Buyers Reclaimed Crucial Supply (March 15)
D2TUSD may likely reclaim another crucial supply level soon as it is about to resume its bullish race. The crypto currency is trying hard not to fall heavily to the downside. Therefore, if the bulls could trigger their forces in the market, price may likely turn positive to reach the $1.000 upper supply level and beyond.
Key Levels:
Resistance levels: $0.07500, $0.08000, $0.09500
Support levels: $0.03500, $0.03000, $0.02500
D2T (USD) Long-term Trend: Bearish (4H)
In the long term, the Dash 2 Trade pair is displaying a negative trend. The price bars can be seen below the moving averages. This is due to the high inflow from the sell traders. However, there is about to be a turnaround for the D2TUSD buy traders.
The coin price has been below the supply trend levels since its most recent low due to the persistent bearish pressure over the last few days.
The crypto rebounded from the $0.03497 support value and pushed higher to the $0.03509 supply level below the two EMAs as the 4-hourly chart opens today. This indicates a genuine reversal which may attempt the $0.05856 crucial supply breakout.
In light of this, a bullish impact by the buy investors toward the higher side are likely as indicated by the daily stochastic pointing in an upward direction, the bulls could therefore aim at the psychological level of $1.000 resistance value in the days ahead as Dash 2 Trade set to reclaim new supply levels in its long-term perspective.
D2T (USD) Medium-term Trend: Bearish (1H)
The currency pair is trading in a bearish market in its medium-term outlook. This is due to the high influence from the sell traders. D2TUSD is possibly making its way up after hitting $0.03481 level to overcome support to signal a pump up. It looks like price will want to bounce up again in the medium-term.
The market price of Dash 2 Trade which increases to a $0.03509 high level below the two moving averages as the 1-hourly session opens today suggests the return of the bulls to the market and an improved bullish market sentiment. Thus, closing the 1-hourly session above the $0.03842 will put the trade more on the buy side.
The bullish reversal may likely surge the coin price above the $0.03842 psychological level. Thus, D2TUSD price sustainability above the $0.03842 mark could encourage buyers for more upswings.
Next, the coin is in an upward direction in the oversold region of the daily stochastic, therefore, if addition selling power is prevented, a post-retest rally may drive the prices high to hit the $1.000 resistance value soon in its medium-term time frame.
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