Dash 2 Trade Price Predictions for Today, February 22: D2TUSD Price Presenting a Buy Opportunity
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Dash 2 Trade Price Forecast: D2TUSD Price Presenting a Buy Opportunity (February 22)
The D2TUSD pair at the moment is in an ascending channel presenting a buying opportunity for traders. Should the bulls regroup and push higher, a further bullish breakout from the $0.01642 value will accelerate the new correction phase. The $0.02500 upper resistance mark and beyond might be the target.
Key Levels:
Resistance levels: $0.01700, $0.01800, $0.01900
Support levels: $0.01300, $0.01200, $0.01100
D2T (USD) Long-term Trend: Bullish (4H)
The Dash 2 Trade market is having a bullish posture in its long-term outlook as can be seen from the chart below. Meanwhile, it also shows the impeding next big move in the price. The current market structure has favored the bulls.
The sustained bullish pressure pushed the currency pair up to the $0.01580 supply level during yesterday’s session and sustained it. This has made it capable for the coin to remain firm in an uptrend.
The bulls caused a rise to the $0.01642 high level above the moving averages as the 4-hourly chart opens today. This indicates that the traders are actively buying at this level. Thus, it is very likely that the bulls will continue rising as we are seeing a bullish correction in place at the present.
Similarly, the D2TUSD price may likely continue its journey up north as indicated by the daily stochastic which is pointing in an upward direction. This means that the selling pressure has ended; we can therefore expect the upcoming bullish correction phase to reach a high at the $0.02500 value 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 $0.01580 resistance level in the past few hours has sustained the crypto price above the supply trend levels in its recent high.
The aggressive move by the bulls pushed the D2TUSD price up to the $0.01625 resistance value above the moving average lines as the 1-hourly chart opens today. Thus, the bullish correction at the mentioned supply value returns the buy investors to the market for the next increase race.
Hence, we have a bullish bias that the coin price will rise further to the upside if the buying pressure should increase. Currently, the crypto is making a correction, there may be a potential rise in the Dash 2 Trade price and this may possibly hit the $0.02500 supply level in the coming days in its medium-term outlook.
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