Dash 2 Trade Price Prediction for Today, March 8: D2TUSD Price Set to Extend Recovery Leg at $0.00756 Level
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Dash 2 Trade Price Forecast: D2TUSD Price Set to Extend Recovery Leg at $0.00756 Level (March 8)
Under the influence of the rising channel pattern, the Dash 2 Trade price is set to extend the recovery leg to another key resistance level. The coin witnessed a parabolic rally showcasing another key resistance breakout to chase a higher price. The coin is currently trading higher. if the bulls could add more strength to their potential buying and the market price sustains above the $0.01232 high mark, the potential rally could surge above the $0.01500 higher level to hit the $0.02000 upper resistance value and beyond, thereby extending the recovery pattern for greater gains.
Key Levels:
Resistance levels: $0.00700, $0.00800, $0.00900
Support levels: $0.00500, $0.00400, $0.00300
D2T (USD) Long-term Trend: Bullish (4H)
Dash 2 Trade is in a positive movement today. The price is strongly trading in a bullish momentum in its higher time frame. This looks nice for the buy trader and signifies a buy signal.
The bulls’ impact on the crypto to a $0.00728 resistance level in the past session has made it possible for the price to maintain its upward growth above the supply level in its recent high.
Today, amid the hyperactive bullish market phase, the D2TUSD price increases to a $0.00756 high level above the moving averages as the 4-hourly chart opens. The sudden jump in D2TUSD price projects a potential challenge to the resistance trend line. Thus, a potential bullish crossover above the previous high of $0.01232 moving signal line projects a buy signal.
Similarly, more jumps are ahead as the coin price suggests an uptrend on the daily signals pointing upwards. This means that the selling pressure is not likely to continue. In light of this, the bulls may likely touch the $0.02000 high value in the days ahead in its long-term outlook.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
Analyzing the chart below, we can see that D2TUSD is in a bullish market zone. The price currently trades above the EMAs making higher highs and moving towards the major upper resistance area.
The bulls have sustained the crypto market at the $0.00728 supply value in the previous action, this has made it possible for the coin to stay above the trend line and remain stronger in its recent high.
The Dash 2 Trade market makes a parabolic rally with a long bullish candle to the $0.00756 resistance level above the two EMAs approaching the upper resistance as the 1-hourly chart commences today.
With a surge in buying pressure, the coin price might retest the $0.00764 high mark soon, offering another stepping stone for buyers to extend the recovery leg.
Notably, the market is pointing up on the daily stochastic; this means that the crypto is open for bullish growth, in light of this, the price of D2TUSD might hit the $0.02000 supply trend mark, thus registering a buy signal for coin traders soon in its medium-term time frame.
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