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ANKRUSDT

ANKRUSDT heading lower to next support zone around 0.0375ANKRUSDT has hit the weekly resistance zone. It is likely that it will be pushed down from here and price will head to weekly support 1 level as shown with path S1. There shall be a bounce from here as shown using path L2. However, in my opinion this support is not that strong compared to weekly support 2. Therefore, I am inclined to the possibility that price will break the first weekly support (weekly support 1) and head towards weekly support 2 zone. But that may change depending on how is the reaction of price on weekly support 1 zone. Therefore, let us focus on path S1 and we will then observe L2 to evaluate how S3 may look like. If we achieve step S3, then S4 should be a very strong bounce and the probability of that bounce being strong is very high. That bounce might pave for a higher high compared to the recent high.
Short
by angela_altair
4
ANKR price near a strong liquidity zone. What next ?The price of the ANKR approached to a strong liquidity zone. But even on the news of Microsoft and ANKR's cooperation, the ANKRUSDT price failed to break through it. You believe that the growth of the ANKR price is not over yet and want to buy it? Then it is better to wait then the ANKR price will break up and consolidate above $0.06 , then you will be more confident to enter long with the prospect of growth to $0.09-0.10 But on the other hand, don't forget that powerful "price pump" can deflate just as quickly. Therefore, in our opinion, it is a good idea to place buy orders in the range of $0.024-0.029 for your medium- and long-term investment portfolio. Of course, if you believe in the future prospects of the ANKR project _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
27
AKNR at resistance again.ANKR, a cryptocurrency initiative, seeks to deliver a decentralized infrastructure for cloud computing services. The project develops a marketplace where users can buy and sell computing power, storage, and other cloud services using blockchain technology. By using unused processing power from commonplace devices like laptops, smartphones, and Internet of Things (IoT) devices, Ankr aims to increase cloud computing's usability and affordability. The price of ANKR has historically been highly volatile, changing considerably in response to news events and market movements. Nonetheless, ANKR has recently seen relative strength and has noticed an uptick in trading volume, which suggests increasing investor interest. Market sentiment, investor demand, and changes in the more significant cryptocurrency and blockchain ecosystem can all impact the price of ANKR. Fundamentally speaking, the Ankr project has shown potential in its growth and acceptance thanks to partnerships and cooperation with many key industry players, including Binance, Chainlink, and other significant blockchain initiatives. To increase cloud computing's affordability and accessibility for a larger spectrum of users, the team behind Ankr has also been striving to improve the platform's usability and scalability. ANKR showed a big pump today and reached a strong resistance for now. This has happened before. It has again pulled back down below the 0.05171 area. There are two support areas on the way down, pushing the price back up. Let me know if you guys have any questions; I will be more than happy to help. Good luck, and thank you.
by ShawnMCR
8