Dash 2 Trade Price Predictions for Today, February 22: D2TUSD Price Could Witness another Upbeat Trend Soon
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Dash 2 Trade Price Forecast: D2TUSD Price Could Witness Another Upbeat Trend Soon (February 22)
The D2TUSD market price might witness another upbeat trend soon with a potential reversal at the $0.00703 support level. A bullish breakout confirmation that closes above the $0.01232 resistance level would indicate that the market is feeling more optimistic. By doing this, buyers will have a stronger foundation to extend this recovery. Therefore, a post-retest rally could push prices higher and reach the resistance trend level of $0.02000 which will prolong the recovery pattern and suggest the best crypto signal to the coin traders.
Key Levels:
Resistance levels: $0.00800, $0.00900, $0.01000
Support levels: $0.00500, $0.00400, $0.00300
D2T (USD) Long-term Trend: Bearish (4H)
Dash 2 Trade market is having a bearish posture in its long-term outlook as can be seen from the chart below. This is due to the inflow from the sell traders.
The sustained pressure from the bears at the $0.00827 support level during yesterday’s session has contributed to its bearishness in its recent low. However, the current trend will soon be nullified as the market now trades at the oversold region.
Today, the bears however made a further decline to a $0.00703 support level below the moving averages. Given the current trend, buyers can purchase the item at a lower cost and push the market higher. Thus, the price tendency of D2TUSD will climb over the crucial levels if the bulls raise their level of market tension.
Notably, Dash 2 Trade is likely going to reverse and face the upsides as the market is now trading around the 4% range of the daily stochastic; it means that the selling pressure will end soon.
This will compel the buy traders to resume an uptrend and may likely break up the $0.01232 supply level soon which could expose the coin price to a $0.02000 upper resistance level in the coming days in its higher time frame.
D2T (USD) Medium-term Trend: Bearish (1H)
According to the chart below, the medium-term outlook for the Dash 2 Trade market is in a bearish trend zone. This is due to the high influence of the sell traders. 
Sustained pressure from the short traders to a $0.00674 low mark in the previous action has led the D2TUSD price below the supply levels in recent times.
The coin plummeted to the $0.00703 support level beneath the two EMAs as the 1-hour chart resumes today. Nevertheless, today’s price drop has still not stalled the bull run as it remains intact. Traders might seize this opportunity to invest in the coin now at a cheaper rate.
Thus, if the bulls can put extra effort into the price action, the price of Dash 2 Trade could turn positive and break above the $0.01266 supply mark, as a result of this, further selling pressure will be put into hibernation.
Adding to this, the market price of D2TUSD is in the oversold region of the stochastic, this means that the selling pressure has reached an exhaustion, the expected upside move in the price could be high at $0.02000, swing high in the coming days in its medium-term outlook.
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