Dash 2 Trade Price Prediction for Today, March 7: D2TUSD Price is Going Up, Buy Now!
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Dash 2 Trade Price Forecast: D2TUSD Price is going Up, Buy Now! (March 7)
There is an opportunity to buy the D2TUSD pair as the price is going up at the moment. However, the price will move higher above the current resistance level, if buyers should exert more force into the price action in the market, the $0.06846 high trend line might be retested. Thus a clear buy signal for the coin holders.
Key Levels:
Resistance levels: $0.07500, $0.08000, $0.08500
Support levels: $0.03500, $0.02500, $0.01500
D2T (USD) Long-term Trend: Bullish (4H)
D2TUSD is in a bullish trend market in its long-term view. It seems that the bulls are about to take over and push us higher. There are multiple possible targets at this point, but either way, the pair looks quite bullish here.
The bulls’ pressure on the cryptocurrency to the $0.06846 resistance level in the previous action has made it possible for it to retain its upward growth.
An increase to the $0.05405 high level above the supply trend levels approaching the overhead resistance as the 4-hourly chart opens today indicates that the traders are actively buying at this level.
Under the influence of a rising channel pattern, the Dash 2 Trade price has showcased a steady increase over the past two weeks. This however creates a strong area of interest for buyers.
Hence, the market is pointing up on the daily stochastic; this will quicken the emergence of more buyers to move the price of D2TUSD up to a significant level on the upside and this might hit the $1.000 supply trend mark, thus registering a buy signal for the coin traders as the market remain strongly bullish soon in its higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H)
The coin also trades 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 sustained bullish pressure to the $0.06848 high level in the previous action has led to the coin’s recent high.
The D2TUSD price has completed its correction and is now set for upward momentum. The bulls have decided to shift the trend up after a series of lows shortly after today’s 1-hourly chart opens. The current price at the $0.05405 resistance level suggests the returns of the buy traders in the market. The market participants are responding to this pattern, and its breakout should offer a good buy entry opportunity.
Hence, the pair pointing up on the daily stochastic means that the buying pressure may continue, and suggests a possible recovery of the $1.000 supply level in the coming days in the medium-term time frame.
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