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ANKR Approaches $0.040 Level; TAMA, Buy and Buy Long!

ANKR Approaches $0.040 Level; TAMA, Buy and Buy Long!
ANKR Approaches $0.040 Level; TAMA, Buy and Buy Long!

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The Ankr price is currently changing hands at $0.039 as the technical indicator Relative Strength Index (14) faces the north.

ANKR Prediction Statistics Data:

  • ANKR price now – $0.039
  • ANKR market cap – $379.5 million
  • ANKR circulating supply – 9.66 billion
  • ANKR total supply – 10 billion
  • ANKR Coinmarketcap ranking – #97

ANKR/USD Market

Key Levels:

Resistance levels: $0.050, $0.055, $0.060

Support levels: $0.030, $0.025, $0.020

ANKR Approaches $0.040 Level; TAMA, Buy and Buy Long!
ANKRUSD – Daily Chart

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ANKR/USD is trading at around $0.039, and once it manages to surpass the resistance of $0.040, the next target is located at $0.045 where it could head towards the upper boundary of the channel. However, a push from the current market value could send the price straight to the resistance level of $0.040, but if the current level fails to hold strong, the crypto could slip below the support level of $0.035.

Is ANKR Ready for the Upside Just Like the TAMA?

Looking at the daily chart, the Ankr bulls are coming into the market, if the buyers put more effort and keep the coin above the 9-day and 21-day moving averages, it may likely hit the resistance levels of $0.050, $0.055, and $0.060 respectively. In addition, any bullish movement above these key resistance levels may likely encourage further buying.

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Moreover, any bearish movement below the moving averages may decline towards the critical supports at $0.030, $0.025, and $0.020. Meanwhile, looking at the technical indicator Relative Strength Index (14), the cryptocurrency may exhibit the tendencies to follow an upward trend as the coin moves to cross above the 60-level, suggesting bullish movement.

Against Bitcoin, the Ankr price is attempting to stay above the 9-day and 21-day moving averages which could hit the nearest resistance at 190 SAT. Therefore, unless this resistance effectively holds and the price ends up closing above it, there might not be any reason to expect a long-term bullish reversal.

ANKRBTC – Daily Chart

However, any bearish movement towards the lower boundary of the channel could refresh lows under 170 SAT as a possible bearish continuation may likely meet the major support at 150 SAT and below. From above, the buyers may push the coin to hit the potential resistance at 230 SAT and above. More so, the technical indicator Relative Strength Index (14) is likely to cross above the 60-level, suggesting more bullish signals.

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