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The API3 price prediction shows that API3 breaks above the 9-day and 21-day moving averages to touch the daily high of $1.68.
API3 Prediction Statistics Data:
- API3 price now – $1.60
- API3 market cap – $331.3 million
- API3 circulating supply – 6.9 billion
- API3 total supply – 35.2 billion
- API3 Coinmarketcap ranking – #115
API3/USD Market
Key Levels:
Resistance levels: $2.00, $2.10, $2.20
Support levels: $1.25, $1.15, $1.05
At the time of writing, API3/USD is crossing above the 9-day and 21-day moving averages as the coin hit gains of over 3.54% in the last 24 hours. The coin is trading toward the upper boundary of the channel and could also cross above this barrier if the bulls put in more effort while the technical indicator Relative Strength Index moves to cross above 60-level.
API3 Price Prediction: API3 (API3) Could Target a $1.80 Resistance Level
Looking at the daily chart, the API3 price keeps moving with high pressure toward the upper boundary of the channel. The coin is now roaming around the $1.60 level, but if the market continues the surge and squeeze; the $1.80 resistance level may surface in the next few positive moves. Similarly, API3 (API3) might further look for higher levels if the bulls show commitment.
Moreover, the market is currently displaying a sign of subduing volatility with prices ready to stay above the moving averages. Meanwhile, with the look of things, traders can see that the trading volume is rising heavily. Therefore, if API3/USD decides to stay under the control of the bulls, the price may spike to the potential resistance levels at $2.00, $2.10, and $2.20. But on the downside, any movement towards the lower boundary of the channel may bring the price to the support levels of $1.25, $1.15, and $1.05 respectively.
Against Bitcoin, API3 (API3) is trading bullishly but remains below the 9-day and 21-day moving averages. However, if the coin slides below the support level of 5500, the price could eventually close below it, therefore, there might not be any reason to expect a long-term bullish reversal.
However, if the coin faces the south, it could refresh lows under 5000 SAT and a possible bearish movement may meet the major support at 4500 SAT and below while the buyers could push the market to the potential resistance at 7600 SAT and above but the technical indicator Relative Strength Index (14) is heading to the positive side.
Alternatives to API3
The API3 price is likely to trend to the upside and it will have to stay above the 9-day and 21-day moving averages in other to guide against the downward pressure. However, if the bulls increase the buying pressure, the coin could touch the resistance level of $2.00. On that note, Love Hate Inu (LHINU) is a meme token that offers real utility in a voting system based on blockchain technology, it is a secure and transparent platform for voting on issues that matter. Therefore, users can stake to vote as the voting process is both verifiable and anonymous. However, since the launching of the presale, the token has raised almost $2m so far.
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