Dash 2 Trade Price Predictions for Today, February 16: D2TUSD Price to Grow More – Go Long!
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Dash 2 Trade Price Forecast: D2TUSD Price to Grow More – Go Long! (February 16)
The Dash 2 Trade (D2TUSD) price is likely to grow more and is an opportunity for long investors. Having finished the downward correction, the crypto might likely continue its upside move if the current support at $0.01175 value holds, and the daily chart closes above the $0.01342 resistance level, then there is a high probability of the price going up to its recent swing high, which is $0.01371 resistance trend line.
Key Levels:
Resistance levels: $0.01500, $0.01600, $0.01700
Support levels: $0.01300, $0.01200, $0.01100
D2T (USD) Long-term Trend: Bullish (1H Chart)
The D2TUSD pair is in a bullish market zone in its higher time frame, as seen from the chart below. The price is currently recovering and trades above the moving averages. This is an indication of an uptrend. The bullish reversal at the $0.01165 high value in the previous action has sustained the crypto above the trend line.
As a result of price rejection in the previous action, buyers have been able to push the price of Dash 2 Trade higher to a $0.01201 high level above the moving average lines as the 1-hourly session opens today.
Actions from buyers have also increased the coin further up to the $0.01208 resistance value as it journeys up north. More gains are possible if the bulls can put extra effort into the price action.
Next, the momentum indicator pointing upwards suggests the continuation of the bullish trend. The price of D2TUSD might possibly retest the previous high of $0.01371 value which can further extend to the $0.02000 upper resistance value in the coming days in its long-term outlook.
D2T (USD) Short-term Trend: Bullish (15-Minute)
The coin is also displaying a bullish posture in its short-term outlook. This is due to the high inflow from the long traders. The increase in the momentum by the bulls at the $0.01200 supply value during yesterday’s session has enabled the Dash 2 Trade price to stay strong above the resistance lines.
The market price of D2TUSD has just broken up the two EMAs which are glued together at the $0.01195 supply level as the 15-minute chart opens today. This will give the crypto a high tendency to rise further.
Furthermore, the daily stochastic signals an uptrend, if the bulls could push harder and sustain the coin price above the $0.01200 previous high, the resulting rally may surpass the $0.01238 level and hit the $0.02000 psychological level at the upside in the day ahead in its short-term perspective.
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