Dash 2 Trade Price Prediction for Today, March 25: D2TUSD Looks Promising at the $0.02990 Level
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Dash 2 Trade Price Forecast: D2TUSD Looks Promising at the $0.02990 Level (March 25)
D2TUSD is actually making positive moves at the moment. There is a possibility for the crypto to swing up further and test the supply level of $0.03842. Should the bulls increase their buying pressure, the resistance level of $0.02990 may not hold and it may extend to a $0.2000 high level and beyond.
Key Levels:
Resistance levels: $0.04500, $0.05500, $0.06500
Support levels: $0.03500, $0.03000, $0.02500
D2T (USD) Long-term Trend: Bullish (4H)
Upward pressure still dominates the D2TUSD pair in the higher time frame. The coin price is now strongly trading above the moving averages with huge volumes from the bulls. Thus, the recent market structure has favored the bulls.
However, the previous action by the bulls to the $0.02786 high level has really sustained the coin price to remain above the trend lines in its recent high.
Today, the Dash 2 Trade market looks promising as the bulls recorded an increase in buying action from the $0.02790 level to the $0.02990 supply level above the supply trend levels on the 4-hourly chart as the bulls took to their stand in the market.
This bullish correction, however, indicates a gradual improvement in market sentiment and leads to more intraday gains in assets to higher prices. A break above the $0.03842 level would intensify the buying pressure on the crypto.
Adding to this, the momentum indicator also signaled up indicating an uptrend. Buyers are expected to continue with the trend and in this case, the price of D2TUSD might possibly extend to the $0.2000 resistance value soon in its long-term perspective.
D2T (USD) Medium-term Trend: Bullish (1H)
On the medium-term outlook, the D2TUSD pair is in a strong resistance zone. Firstly, the crypto has broken above the moving averages which indicates a possible rise of the pair. The pair is currently above level $0.02599.
The bulls’ activities on the crypto at the $0.02853 high value during the previous activities have sustained the price above the supply trend lines in its recent high.
The market price of Dash 2 Trade is currently trading at the $0.02990 resistance level above the moving averages, this means that the bulls are in control of the market at the moment.
In addition, the daily stochastic is in an upward direction and the uptrend is currently facing the upper resistance at a level of $0.02990, therefore if additional selling power is prevented the price may likely hit the previous high of $0.03842 which might further extend to the $0.02000 upper resistance level in the coming days in its medium-term perspective.
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