API3 Price Prediction: Uptrend Restarting

The API3 price prediction indicates that the coin is starting to regain momentum after trading below the moving averages. Here are the key points:

API3 price now is $1.09
API3 market cap is $93.8 million
API3 circulating supply is 86.4 million
API3 total supply is 125.3 million
API3 ranking on Coinmarketcap is #184

API3/USD Market

The API3/USD market is currently showing positive signs as the price approaches the resistance level of $1.09. If the price closes above $1.14, it may continue to increase towards $1.20. A consistent rise in price could attract more buyers and strengthen bullish positions.

API3 Price Prediction: Price May Continue to Break Higher

Recent hours have seen API3 crossing above the moving averages, indicating the potential for further gains. However, if the 9-day moving average remains below the 21-day moving average, the coin may experience a downward trend. The Relative Strength Index (14) suggests that bullish signals are increasing. The price could hit resistance levels of $1.30, $1.40, and $1.50 if it moves towards the upper boundary of the channel. On the other hand, falling below the lower boundary could lead to support levels at $0.58, $0.48, and $0.38.

API3/BTC May Create Additional Gains

In the API3/BTC market, the coin is currently above the moving averages. If it breaks towards the upper boundary of the channel, it could reach the resistance level at 5000 SAT and beyond. However, if sellers take control, the coin may fall below the channel and hit the support at 2500 SAT. The Relative Strength Index (14) suggests bullish movement.

Alternatives to API3

API3/USD has shown a significant increase of over 22.15% in the last 24 hours. It is trading near the upper boundary of the channel and may break above it with more buying pressure. Additionally, $WSM, another coin, has a strong community and no team tokens. Investors are advised to purchase $WSM tokens now due to its successful presale and the confidence placed in it by investors.

Hot Take: The API3 price prediction indicates a positive outlook for the coin, with potential for further gains. Investors should keep an eye on the resistance and support levels mentioned to make informed trading decisions.