Dash 2 Trade Price Predictions for Today, February 20: D2TUSD Holds Strong at $0.01056 Price Level, Defying Bearish Pressure
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
Dash 2 Trade Price Forecast: D2TUSD Holds Strong at $0.01056 Price Level, Defying Bearish Pressure (February 20)
D2TUSD price remains strongly bullish as it holds strong at the upper resistance levels, defying the bearish pressure. The cryptocurrency has been experiencing a significant bullish trend over the past few days, driven primarily by the rising value of Bitcoin. The coin price will most likely continue its bullish run and the price could still go higher if the bulls can break up and close the 4-hour candle above the current price level at $0.01056, then we can expect a good upside momentum up to the $0.02000 upper resistance level and beyond, reflecting a growing interest and potentially increased liquidity in the coin market.
Key Levels:
Resistance levels: $0.00800, $0.00900, $0.01000
Support levels: $0.00500, $0.00400, $0.00300
D2T (USD) Long-term Trend: Bullish (4H Chart)
The D2TUSD price behavior on the higher time frame has been mainly bullish under the influence of an ascending trend pattern. Prices are seen trading strongly at the upper resistance level above the EMAs; this confirms its strong bullishness in present times.
Pressure from the bulls to the $0.00905 supply value during the previous session has sustained the coin price above the supply trend levels in its recent high.
Today, with the renewed recovery pattern in the market, the Dash 2 Trade price moves aggressively up to the $0.01056 upper resistance level as the 4-hour chart commences.
Under the influence of this pattern, the positive upturn may push the coin price another 5.0% to hit a multiple resistance trend line around $0.02000.
Additionally, the daily stochastic suggests an uptrend. This indicates a bullish continuation upward, which will allow the bulls to continue the current rally and may soon result in the $0.0200 resistance trend line or higher in the long-term forecast.
D2T (USD) Medium-term Trend: Bullish (1H Chart)
Dash 2 Trade market remains strongly bullish on the medium-term outlook. The coin price is also trading strongly at the upper resistance level above the moving averages with huge volumes from the bulls.
The coin has been having a series of higher highs and higher lows from the past session which has made it possible for the bulls to retain the strength in its recent high.
The bulls made a solid correction at the $0.01056 upper resistance value above the moving averages as the 1-hourly chart resumes today. This will encourage the buy traders to invest in the crypto, as possible future gains are certain.
Hence, maintaining above the moving average will allow the coin to rise higher, resulting in an intraday gain for the coin buyers.
Also, the market is currently trending upward as shown by the daily stochastic. This indicates that the market value of the D2TUSD will continue to rise, and this might be the best crypto signal to the coin traders.
In light of this, it is anticipated that the bulls will swing the coin price upward and may eventually hit the $0.02000 supply value in the next days in its medium-term perspective.
Want a coin that has a huge potential for massive returns? That coin is Dash 2 Trade. Buy D2T now.
