Dash 2 Trade Price Predictions for Today, February 21: D2TUSD Presents Strong Resistance Level at $0.01228
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Dash 2 Trade Price Forecast: D2TUSD Presents Strong Resistance Level at $0.01228 (February 21)
The D2TUSD market has been relatively stable in the past few days. The coin at the moment is currently recovering and also presents a strong resistance level at $0.01228. A daily candlestick above the mentioned supply level would invalidate any bearish theory. As a result, if buyers can put more effort into their market tension, the trend will shift upward to the $0.09000 high value, resulting in an intraday gain and a potential crypto signal for the coin holders.
Key Levels:
Resistance levels: $0.00800, $0.00900, $0.01000
Support levels: $0.00500, $0.00400, $0.00300
D2T (USD) Long-term Trend: Bullish (4H)
On higher time frames, the D2TUSD price is trending up and also remains strongly bullish. This is obvious because prices are trading at the upper resistance area above the EMA-50.
This is due to the significant impact of buy investors. The bulls’ high order flow during yesterday’s session contributed to this bullishness.
Today’s 4-hour chart, however, shows a broader recovery in prices. As the bulls took their stand to continue trending up, the Dash 2 Trade price jumped up to a $0.01228 upper resistance level above the EMA-50 at the time of writing this article.
As a result, staying at the upper resistance level above the EMA-50 indicates a high likelihood of a bullish correction. A strong breakup above the $117.76 current resistance level would amplify bullish pressure.
Meanwhile, the market price of Dash 2 Trade is pointing up on the daily stochastic, this means that the bulls may continue trending up, hence, the expected upside move in the coin price could be high at $0.09000 value soon as the token presents a strong resistance level in its long-term outlook.
D2T (USD) Medium-term Trend: Bullish (1H)
The coin price is currently trending up and remains strong in a bullish market in its medium-term outlook. Furthermore, the Dash 2 Trade pair is trading at the upper resistance levels above the 50-day moving average which indicates an uptrend. The sustained bullish pressure to a $0.01011 high level in the previous action has led to the coin’s recent high.
As the 1-hour chart resumes today, the bulls have reached the upper resistance level of $0.01228 above the EMA-50. However, the buy traders could not relent, as they aim to continue trending up and drag the price of D2TUSD further to a significant level.
Further, an increase in the buying pressure might lead the price of Dash 2 Trade to hit the $0.09000 upper resistance level soon.
However, the bullish correction at the mentioned resistance level is an indication that the bulls are planning to strongly move the price of Dash 2 Trade to a high level at the upsides and the $0.09000 upper high mark might be the target also in the future in its medium-term.
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