Dash 2 Trade Price Prediction for Today, March 12: D2TUSD Price to Break Up at $0.01232 Level
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Dash 2 Trade Price Forecast: D2TUSD Price to Break Up at $0.01232 Level (March 12)
D2TUSD price may continue the new correction pattern to break up at the $0.01232 supply level soon to pave the way for a prolonged recovery trend. Buyers are actively defending at the moment, thus, a decisive break below $0.00644 would bring more losses to the coin. However, a daily candlestick above the mentioned supply level would invalidate any bearish theory. Therefore, if buyers can put more effort into their tension in the market, a shift in the trend upward to a $0.02000 upper high level will be achieved.
Key Levels:
Resistance levels: $0.00600, $0.00700, $0.00800
Support levels: $0.00450, $0.00300, $0.00250
D2T (USD) Long-term Trend: Bearish (4H)
Dash 2 Trade is bearish in its long-term outlook. The price responded to the shift in the market structure and is currently trading below the moving averages.
The cryptocurrency price has been below the supply trend levels since its most recent low due to the persistent bearish pressure over the last few hours. However, there is about to be a turnaround for the D2TUSD buy traders.
The sustained bearish pressure in the past few hours at the $0.00644 support value has made the crypto price remain below the supply trend levels in its recent price level.
At the time of writing, the coin is recovering from the recent correction as fresh buying emerges near the supply level following the upward race. The cryptocurrency has completed the low dips and is now set for a potential recovery rally.
The buy traders pushed the market price of Dash 2 Trade up to the $0.00658 resistance value slightly below the two EMAs shortly after the 4-hourly chart opens today. Thus, a break above the $0.01232 price level would intensify the buying pressure on the crypto.
Notably, the market price of D2TUSD is pointing up in the oversold region; this means that the momentum in the coin price will likely remain and continue in an upward move. We can now expect the next jump by the bulls to reach a $0.02000 upper resistance level in the days ahead in its higher time frame.
D2T (USD) Medium-term Trend: Bullish (1H)
Dash 2 Trade remains bullish on the medium-term time frames. This is clear as we can see the prices trading above the EMA-9. However, the market is presently facing resistance at the recent high. 
The sustained bullish pressure pushed the currency pair up to the $0.00646 supply level during yesterday’s session and sustained it. This has made it possible for the coin to remain in an uptrend in its recent price level.
The bulls made an increase to the $0.00658 high mark above the EMA-9 shortly after the 1-hour session opened today. This indicates that the buy investors are dealing in the coin investment. Therefore, if the bulls could increase their tension in the market, the price of Dash 2 Trade will move above the key levels.
Meanwhile, further upsides are likely as the price signal is pointing upward, this means that the bullish rally will continue and may likely break the $0.01232 high mark which might hit the $0.02000 supply value in the coming days in the medium-term outlook.
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