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Bancor Market Price Statistic:<\/span><\/strong><\/p>\n
Key Levels<\/span><\/strong><\/p>\n
<\/span>Buy Bancor Now<\/span><\/strong><\/span><\/a><\/span><\/p>\n
<\/span>Your capital is at risk<\/span><\/em><\/p>\n
From the 20th of August to the 5th of September the bands of the Bollinger indicator expanded very wide due to the rough pull and push of the price in the market. As the bands begin to contrast, the market broke out in a bullish way on the 8th of September and the 14th of September. But, each of these bullish breakouts was followed by bearish moves in the same days. The selling pressure is very responsive to buying pressure and this is why the consolidation continues. The RSI line and the signal line have been moving along around the midpoint of the indicator for quite some time. This indication supports the long-term sideways-ranging market. But since Friday the 7th of October, the Bollinger band began to contrast. This means there is about to be a price breakout. <\/span><\/p>\n
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In the last 4-hours of yesterday’s session, the price rose very high before the sellers cut the price short as the selling pressure is responsive to buying pressure in this market. This bearish market move spilt into the first four hours of today. The bulls failed to fully recover the price before the session was over. In the second session, the bulls began to have the upper hand. <\/span><\/p>\n\n \n
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