Ankr Price Prediction for Today, November 18 – ANKR Technical Analysis
The Ankr price prediction may likely set a bullish run if the market can climb back above the $0.100 resistance level.
Ankr Prediction Statistics Data:
- Ankr price now – $0.110
- Ankr market cap – $265.3 million
- Ankr circulating supply – 10 billion
- Ankr total supply – 10 billion
- Ankr CoinMarketCap ranking – #206
Resistance levels: $0.031, $0.033, $0.035
Support levels: $0.022, $0.020, $0.018
ANKR/USD is trading in a positive movement as the coin touches the resistance level of $0.028. At the moment, the market is running a little retracement move toward $0.030 resistance with a price growth of 4.06%. However, Ankr price is beginning to maintain a bullish movement within the channel and traders can expect the price to spike to the upside as the bulls put more pressure on the market.
Ankr Price Prediction: Would ANKR Price Break to the Upside?
The Ankr price is currently hovering around the resistance level of $0.026. Meanwhile, if the coin slides toward the lower boundary of the channel, ANKR/USD may slide to $0.024 support. Moreover, if the price begins to respect the upward movement, traders can then expect a bullish continuation above the upper boundary of the channel Therefore, as the 9-day moving average stays above the 21-day moving average, the next resistance levels could be located at $0.031, $0.033, and $0.035 respectively.
Looking at the price formation, a bearish break below the 9-day and 21-day moving averages could play out if the bears step into the market. Once this comes to focus, a bearish extension could roll the coin back to the long-term support levels at $0.022, $0.020, and $0.018. Meanwhile, a continuous fall might further lead to a violent break in the negative side.
ANKR/BTC Spikes to the North
Against Bitcoin, the Ankr price touches the daily high of 78 SAT today and buyers are likely to dominate the market while the coin is trying to show some promising signs that could make higher highs should it cross above the upper boundary of the channel. From the upside, the nearest resistance level lies at 75 SAT, and the higher resistance lies at 80 SAT and above.
Meanwhile, from the downside, the nearest support level is located at 65 SAT, and if the price drops further to create a new low, lower support could be located at 64 SAT and below. The 9-day MA is still above the 21-day MA which shows that the bulls are coming into focus.
The Ankr price is fetching a decent hike in the last 24 hours, which takes the coin above the resistance level of $0.027 level. However, the crypto is already keeping two straight days of bullish movements. Meanwhile, ANKR/USD is one of the most emerging coins in the market at the moment, and it is likely to touch $0.030 in the coming days as its next resistance. The long-term outlook may continue to be bullish.
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