Dash 2 Trade Price Prediction for Today, February 9: D2TUSD Potential for a Bullish Run-off
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Dash 2 Trade Price Forecast: D2TUSD Potential for a Bullish Run-off (February 9)
D2TUSD has the potential for a bullish run-off as the coin trades above the supply trend levels. The nearest resistance of the crypto is between levels $0.00619 to $0.00626, whereas the most immediate resistance is found around $0.00626. There is a higher probability of a price-breaking resistance zone if the buy traders can double their efforts. This could compel traders to start buying Dash 2 Trade speculating a price increase above the $0.01000 level. Thus a clear buy crypto signal and robust gain for the coin buyers.
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)
Dash 2 Trade is in a bullish trend market in its long-term view. The coin is trading above the two EMAs. However, the market is presently facing resistance at the recent high.
The bulls are set to take over and push us higher. There are multiple possible targets at this point, but either way, the pair looks quite bullish here.
The bulls have sustained the crypto market at the $0.00610 supply value in the previous action; this has made it possible for the coin to stay above the trend line in its recent high.
The bulls’ action increases the price of Dash 2 Trade up to the $0.00626 resistance level even as the 4-hour session opens today. A strong break above the $0.00727 high point would intensify the buying pressure on the crypto.
Next, is the fact that the market is pointing upwards on the daily stochastic, this will draw more buy traders to the market for a bullish continuation pattern, if that occurs the price could further climb toward a $0.01000 upper high level and this will add to the bullish race in the future in its long-term outlook.
D2T (USD) Medium-term Trend: Bullish (1H)
In the medium-term time frame, the price of D2TUSD is above the supply trend lines, indicating an uptrend. However, staying above the supply mark will give the coin buyers the tendency to influence the price actions by continuing with the bullish run-off.
The bullish pressure on the crypto in the past few hours has sustained the coin price above the supply trend lines in its recent high.
Dash 2 Trade prices at the $0.00626 high level can be seen above the two moving averages; this shows that the bulls are buying the token at this level.
Therefore, if the bulls increase their tension in the market, the price tendency will rise above the key levels at $0.00715, which would be the most robust confirmation of the anticipated rally.
In addition, to move the crypto price further up, more buyers’ participation is a prerequisite at the moment. We expect the price to test the $0.01000 upper resistance value amid sustained buying pressure in the coming days in its medium time frame.
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