Dash 2 Trade Price Predictions for Today, March 11: D2TUSD Price is Trending up to the $0.02000 Supply Level
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Dash 2 Trade Price Forecast: D2TUSD Price is Trending up to the $130.00 Supply Level (March 11)
Dash 2 Trade Bulls are back, this time with a bang. The coin price is trending up and may reach the $0.02000 supply level soon. A decisive break below $0.00646 would result in additional losses for the coin. Conversely, a daily candlestick above the $0.01232 supply level, on the other hand, would invalidate any bearish theory. As a result, if buyers can put more and additional effort into their market tension, the trend will shift upward to the $0.02000 high value, resulting in a higher profit for the coin holders.
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)
On higher time frames, the D2TUSD price is trending up and also remains bullish. This is obvious because prices are trading slightly above the two EMAs.
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 $0.00728 supply level above the EMAs at the time of writing this article.
As a result, staying above moving averages indicates a high likelihood of a bullish pattern continuation. Hence, a strong break up above the $0.01232 previous high level would amplify the bullish pressure on the crypto.
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 $0.02000 value soon in its long-term outlook.
D2T (USD) Medium-term Trend: Bullish (1H)
The coin price is currently facing overhead resistance and remains in a bullish market in its medium-term outlook. Furthermore, the coin is trading above the 50-day moving average with its body touching the EMA-9 approaching the upper resistance which indicates an uptrend.
The sustained bullish pressure to a $115.38 high level in the previous action has led to the coin’s recent high.
As the 4-hour chart resumes today, the bulls have reached the resistance level of $0.00728 above the EMA-50. However, the buy traders could not relent, as they aim to continue trending up and drag the price further to a significant level at the upside.
However, the bullish correction at the mentioned resistance level is an indication that the bulls are planning to strongly move the price of D2TUSD to a high level at the upsides and the $0.02000 supply trend line might be the target also in the future in its medium-term perspective.
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