Dash 2 Trade Price Prediction for Today, March 6: D2TUSD Looks Promising at the $0.04713 Resistance Value
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Dash 2 Trade Price Forecast: D2TUSD Looks Promising at the $0.04713 Resistance Value (March 6)
D2TUSD is actually making positive moves and looks promising at the moment. There is a possibility for the crypto to swing up further and test the supply level of $0.05550. Should the bulls increase their pressure, the resistance level of $0.04713 may not hold and it may extend to a $1.000 high level and beyond.
Key Levels:
Resistance levels: $0.05000, $0.06000, $0.07000
Support levels: $0.03000, $0.02000, $0.01000
D2T (USD) Long-term Trend: Bullish (4H)
D2TUSD indicates an upward trend with a bullish sentiment in its long-term perspective. The coin is trading above the level of $0.04000. The market is presently facing resistance at the recent high.
The rising pressure from the bulls in the past few hours has sustained the cryptocurrency price above the supply trend levels in its recent high.
The bulls’ action increases the price of Dash 2 Trade up to the $0.04713 resistance level above the two EMAs, even as the 4-hourly session opens today. A break above the mentioned supply level would intensify the buying pressure on the crypto.
Further, if the coin buyers could hold above the $0.05106 high mark and close a candle, closing above the mentioned resistance will signal a potential BUY. As a result, the price could pump or surge upsides to hit the $1.000 resistance value soon in its long-term outlook.
D2T (USD) Medium-term Trend: Bullish (1H)
On the medium-term outlook, the D2TUSD pair is in a resistance zone. Firstly, the crypto has broken above the moving average lines which indicates a possible rise of the pair.
The previous action at the $0.03955 high level during yesterday’s session has really sustained the coin price to remain above the trend line.
The coin price on the 1-hourly chart today is currently facing overhead resistance and trading at the $0.04083 correction level. Further, the rising prices reclaimed more confirmation for a bullish recovery.
Further, continuation to the upsides is likely as the price indicator projects an upward move. This implies that the bullish trend will most probably continue and the pattern might hit the $1.000 resistance trend line resulting in intraday gains for the coin holders in its medium-term view.
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