Synthetix Price Prediction: SNX Features Lows Along a Bullish Path ByAzeez MustaphaPRO INVESTOR Updated: 04 July 2022 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Join Our Telegram channel to stay up to date on breaking news coverage Synthetix (SNX) Price Prediction – July 2The SNX/USD trade outlook is yet to surge northward in continuation of a bullish-trending attempt, as the crypto economy currently features lows along a bullish path yet to plummet. The market’s high valuation is $15.83, and the low point is $1.45 in the last fifty-two weeks. Price is trading around $2.26 at a negative 3.01%.Synthetix (SNX) Price Statistics:SNX price now – $2.28SNX market cap – $262.1 millionSNX circulating supply – 114.8 million SNX total supply – 215,3 millionCoinmarketcap ranking – #102SNX/USD Market Key Levels: Resistance levels: $3, $4, $5Support levels: $1.50, $1, $0.50SNX/USD – Daily Chart The daily chart shows the SNX/USD features lows along a bullish path around the trend line of the smaller SMA. The bearish channel trend lines drew southward to keep the path of the market maintained to the downside. The 14-day SMA indicator is underneath the 50-day SMA indicator. The Stochastic Oscillators have somewhat slantingly traveled southbound out of the overbought region to touch the 40 range point. There may still be room for extension of the lower-moving mode in the subsequent sessions. Buy Synthetix Now Can there be a stop soon as the SNX/USD market lowers in sequences? A stop to a declining force in the SNX/USD market may not be forthcoming soon as the crypto economy features lows along a bullish path. Price may be heading downward purposely to test the support level around $1.50 before regaining full strength to opt for the upside. A sudden breakdown at the value line may lead to a caging of the market below it and the $1 support level. But, Buyers are to be alert to join the trade when a rebound tends to occur again.On the downside of the technical analysis, the domineering trend outlook suggests it is bearish. But, the situation doesn’t portend the possibility of getting a decent selling signal. As a result, the launching of new sell orders closely beneath the trend line of the 14-day SMA may amount to letting into a whipsawed trading situation as the price expectantly to swing back sooner than later from beneath the SMAs. SNX/BTC Price Analysis Comparing the trending ability of Synthetix with that of Bitcoin, the base trading tool has been in light-declining mode against its counter crypto. The cryptocurrency pair price features lows along a bullish path to the conjoined area of the SMAs. The 14-day SMA indicator has moved northward to join the 50-day SMA indicator. The Stochastic Oscillators have moved southbound to touch the range at 20. The base crypto may still possibly go debasing further for a while. Our Recommended Crypto Exchange for U.S. customers Our Rating 120+ Cryptos Wallet Available Paypal available Licensed and regulated in the U.S. Social trading Platform & copy trading Low trading fees Visit Site 68% of retail investor accounts lose money when trading CFDs with this provider. Read more: How to buy Synthetix How to buy cryptocurrency Join Our Telegram channel to stay up to date on breaking news coverage