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- Band Protocol price now – $1.34<\/li>\n
- Band Protocol market cap – $199 million<\/li>\n
- Band Protocol circulating supply – 141 million<\/li>\n
- Band Protocol total supply – 145 million<\/li>\n
- Band Protocol Coinmarketcap ranking – #271<\/li>\n<\/ul>\n
BAND\/USD Market<\/h2>\n
Key Levels:<\/p>\n
Resistance levels: $2.20, $2.40, $2.60<\/p>\n
Support levels: $0.60, $0.40, $0.20<\/p>\n
![\"Band](\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/04\/BANDUSD_05042024.png\")
BANDUSD – Daily Chart<\/figcaption><\/figure>\n BAND\/USD<\/a> has been hovering around $ 1.34 after touching the daily high of $1.54. The Band Protocol price is likely to cross below the lower boundary of the channel with a loss of 10.22% in the past few hours. Despite touching the daily high, the coin is still hovering below the daily high of $1.54 and it is likely to head toward the downside.<\/p>\n
Band Protocol Price Prediction: What Could Be the Next Direction for Band Protocol Price?<\/h2>\n
According to the daily chart, the Band Protocol price is moving toward the south and any further bearish movement could hit the nearest support at $1.20. The Band Protocol (BAND) hits the daily high at $1.54 before retreating to where it is currently trading. Looking at it from above, more bullish movements may come into play if the market price heads toward the upper boundary of the channel, and the nearest resistance level could be found at $2.00.<\/p>\n
However, traders can see that the daily movement remains in the hands of the bears but, a break into the positive side may most likely push the coin toward the potential resistance levels of $2.20, $2.40, and $2.60, while a drop below the lower boundary of the channel may lead to the supports of $0.60, $0.40, and $0.20 respectively.<\/p>\n
BAND\/BTC May Gain More Supports<\/h2>\n
Against Bitcoin, the Band Protocol<\/a> is seen moving bearishly below the 9-day and 21-day moving averages. After the coin touched the daily high at 2331 SAT today, the coin later retreated to where it is currently trading. Meanwhile, the price keeps moving to the south as sellers put pressure on the market.<\/p>\n
![\"Band](\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/04\/BANDBTC_05042024.png\")
BANDBTC – Daily Chart<\/figcaption><\/figure>\n Nevertheless, should the sellers increase the pressure, the Band Protocol price may drop to the support of 1350 SAT and below. Now, the technical indicator shows that the market may continue to face the downside as the resistance level could be located at 3000 SAT and above.<\/p>\n
Later on, @CrypsieGypsie shared with their followers on X (previously known as Twitter) that $BAND is experiencing a bullish trend above its support level, potentially aiming for $1.624, $1.859, and $2.048, with a crucial support level at $1.382.<\/p>\n
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$BAND<\/a> is showing bullish movement above support and may target $1.624, $1.859, and $2.048, with a key support level at $1.382.#Btc<\/a> #Bitcoin<\/a> #Crypto<\/a> #CryptoCommunity<\/a> #CryptoTrading<\/a> pic.twitter.com\/D2fXWBxp43<\/a><\/p>\n
— Roar Bulls (@RoarBulls) April 14, 2024<\/a><\/p><\/blockquote>\n