Band Protocol Price Prediction for Today, June 19: BAND/USD Moves Significantly Above the $1.15 Level

Updated: 21 June 2023

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The Band Protocol price prediction reveals that BAND is moving bullishly with a gain of 4.56%, as the coin moves to cross above the 21-day moving average.

Band Protocol Prediction Statistics Data:

Band Protocol price now – $1.12
Band Protocol market cap – $143 million
Band Protocol circulating supply – 126.7 million
Band Protocol total supply – 135.5 million
Band Protocol Coinmarketcap ranking – #157

BAND/USD Market

Key Levels:

Resistance levels: $1.50, $1.55, $1.60

Support levels: $0.75, $0.70, $0.65

Band Protocol Price Prediction for Today, June 18: BAND/USD Moves Significantly Above the $1.15 Level — BANDUSD – Daily Chart

BAND/USD is trying to cross above the 21-day moving average as the moves break many upsides. According to the daily chart, the candle formation may continue to respect the upward movement if the bulls increase the pressure, but sliding below the 9-day moving average might position the market price toward the south while the closest support level could be located around the $0.90 level.

Band Protocol Price Prediction: BAND/USD May Create Additional Gains

The Band Protocol price is heading to the upside as an increase above the 21-day moving average could trigger intense buying to the resistance levels of $1.50, $1.55, and $1.60. On the contrary, the Band Protocol price may likely hold the current market value at $1.12 before heading to the nearest support level of $1.00. Therefore, if the Band Protocol price drops below this support level, it may likely hit the closest support at $0.80.

However, the critical support after this could be located around the $0.75, $0.70, and $0.65 levels if the selling volume keeps increasing. However, the technical indicator Relative Strength Index (14) reveals that the market may gain more upwards if the signal line crosses above the 40-level.

Against Bitcoin, the Band Protocol price is hovering above the 9-day moving average. Meanwhile, if the coin continues to rise, the nearest resistance level could be at 550 SAT and above as the technical indicator Relative Strength Index (14) moves to cross above the 5400 level.

Looking at the upside; if the coin slides below the 9-day moving average and heads toward the lower boundary of the channel, the nearest support level could be located at 400 SAT. Therefore, if the price falls further to create a new low, the support could be found at 300 SAT and below. Meanwhile, if the 9-day MA crosses above the 21-day MA, this could mean that the market may trade bullishly.

Band Protocol Alternatives

At the time of writing, the Band Protocol price faces the upside as the coin keeps moving above the 9-day moving averages. The technical indicator Relative Strength Index (14) could move to cross above the 40-level, once this is done, there is a higher probability that the BAND price may touch $1.30 level.

On that note, Wall Street Memes is tokenized by the WSM coin. The project describes WSM tokens as the ultimate statement of its mission: those who hold the tokens are fighting back against greedy capitalists. Mooreover, the token has raised almost $9 million in the ongoing presale, giving room for more investors to participate before the expiration time.

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