Ankr Price Prediction: Will Ankr Go Up or Down?
The Ankr price has seen a 4.62% gain, currently trading around $0.026 resistance level. Here are the key points to consider:
– Ankr’s market cap is $270.6 million, with a circulating supply of 10 billion coins.
– ANKR/USD is experiencing a bullish movement, surpassing the $0.026 resistance level. It has shown two consecutive days of upward trends.
– The coin is emerging as one of the most promising in the market and is expected to reach $0.030 as its next resistance level.
– If the price breaks above the upper boundary of the channel, ANKR/USD may continue its uptrend and potentially reach resistance levels at $0.033, $0.035, and $0.037.
– However, if the technical indicators fail to break above the positive side, bears may return, causing the price to hit support levels at $0.020, $0.018, and $0.016 respectively.
Ankr’s Performance Against Bitcoin
– Against Bitcoin, Ankr is following a bullish movement and may cross above the upper boundary of the channel.
– Higher resistance levels could be located at 110 SAT and above.
– The nearest level of support lies below the moving averages, with further support at 70 SAT and below.
– The Relative Strength Index (14) is above the 60-level, indicating positive momentum for the bulls.
Ankr Alternatives and the Success of WSM Token
– Ankr’s price is expected to continue increasing within the channel, potentially reaching higher resistance levels.
– Additionally, the WSM token has seen great success, with almost $19 million raised in its presale, thanks to its strong community support.
Hot Take
Ankr shows promising potential in the market, with the possibility of reaching higher resistance levels. Its performance against Bitcoin also indicates positive momentum for buyers. Furthermore, the success of the WSM token demonstrates the strength of the crypto community behind it.