Dash 2 Trade Price Predictions for Today, March 14: D2TUSD Possible Reversal at the $0.00547 Support Level
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Dash 2 Trade Price Forecast: D2TUSD Possible Reversal at the $0.00547 Support Level (March 14)
The market price of D2TUSD may experience a possible reversal at the $0.00547 support level to resume its upside moves soon. Thus, if buyers eventually wrestle trend control from sellers and rebound from the mentioned support, a breakout above the trend line is needed to confirm the potential Bull Run. 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 enable the coin to continue to advance in the upside direction.
Key Levels:
Resistance levels: $0.00600, $0.00700, $0.00800
Support levels: $0.00400, $0.00350, $0.00300
D2T (USD) Long-term Trend: Bearish (4H)
Dash 2 Trade market today, indicates a downward trend with a bearish sentiment in its long-term perspective. The coin is trading below the two EMAs, due to the high bearish pressure on the crypto. However, the current trend will soon be nullified as the market has reached its exhaustion.
The sustained bearish pressure at the $0.00578 support value has made the crypto price drop below the supply levels in its recent low.
The price of D2TUSD at the $0.00546 low value below the two EMAs as the 4-hour chart opens today is a result of low bullish momentum. Thus, traders who buy the coin during the bearish market will also make gains in the future.
Meanwhile, the daily stochastic which indicates an uptrend at the oversold region, means there is a possibility for a price reversal at the mentioned support.
As a result, the upcoming bullish rally may likely break the $0.00822 high mark which might hit the $0.02000 supply value in the coming days in the long-term outlook.
D2T (USD) Medium-term Trend: Bearish (1H)
The currency pair is trading in a bearish market in its medium-term outlook. This is due to the high influence of the sell traders on the crypto.
Sustained pressure from the short traders to a $0.00578 low mark in the previous action has led the D2TUSD price below the supply levels in recent times.
The coin plummeted to the $0.00547 support level beneath the moving averages 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 lower rate for more potential gains in the future.
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 $0.00741 supply mark, as a result of this, further selling pressure will be put into hibernation.
In continuation, the market price of D2TUSD is pointing upwards on the oversold region of the stochastic, this means that the selling pressure has reached an exhaustion, and 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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