Bearish Pressure with Key Resistance at $1.00
The price is trading in the lower half of the Bollinger Bands, suggesting weakness.
Support Levels: Around $0.85 - $0.90 (Recent lows)
Resistance Levels: Around $1.00 - $1.10 (Bollinger mid-band & psychological level)
Bearish Bias: The price remains below the moving average and in the lower Bol
Key stats
About Synthetix Network Token
SNXUSDT BULISH I believe this coin may not experience a sharp bullish movement right now. The targets are achievable in the midterm, but if the candle closes below the stop loss, the idea will be considered invalid.
Note: My ideas are not intended for any type of scalping or scalpers!
Here are my other ideas:
Technical Analysis of Synthetix Network Token (SNX/USD): Key LevThis analysis examines the price movement of Synthetix Network Token (SNX) on the weekly timeframe. The structure of the waves and key trendlines have been identified to help traders determine entry and exit points.
Key Highlights of the Analysis:
Strong Support Zone ($1.75–$1.429):
The price
SNX Possible Power of three. (most complete description)I think it brewing a long term power of three. As the momentum narrative is about solana and shitcoins, and as snx is bellow 8 monthly EMA, I think that it's not the best time to take it. When eth/btc reverses, and a big volume spike a good green candle, so could be a good time to entry in it.
Rem
SNX FRVP analysisUsing the fixed range volume profile tool over the last two days, we can see we have a POC at ~1.628. The last rally from approximately the 5th-11th resulted in a POC at around 1.511 which we hovered around dipping slightly below before starting the next rally up. If we follow the same trend this we
Synthetix Network Token
Price Action: The price has touched or moved near the lower band, which may indicate a short-term support area. However, since the price continues to move lower, it could signal bearish momentum.
Support Levels: Around $1.30: This seems to be a key level where the price found temporary support af
SNXUSD About to Explode: x97 Surge Imminent!Join me as I dive into the world of SNXUSD and challenge myself to predict if this x97 surge is really about to happen!
Are you ready for a potential game-changer in the cryptocurrency market? In this video, we dive deep into the SNXUSD (Synthetix) and explore why analysts believe it's on the brink
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of Synthetix Network Token (SNX) is 0.697 USD — it has risen 0.90% in the past 24 hours. Try placing this info into the context by checking out what coins are also gaining and losing at the moment and seeing SNX price chart.
The current market capitalization of Synthetix Network Token (SNX) is 236.61 M USD. To see this number in a context check out our list of crypto coins ranked by their market caps or see crypto market cap charts.
Synthetix Network Token (SNX) trading volume in 24 hours is 27.31 M USD. See how often other coins are traded in this list.
Synthetix Network Token price has risen by 4.04% over the last week, its month performance shows a −21.91% decrease, and as for the last year, Synthetix Network Token has decreased by −77.27%. See more dynamics on SNX price chart.
Keep track of coins' changes with our Crypto Coins Heatmap.
Keep track of coins' changes with our Crypto Coins Heatmap.
Synthetix Network Token (SNX) reached its highest price on Feb 14, 2021 — it amounted to 29.000 USD. Find more insights on the SNX price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Synthetix Network Token (SNX) reached the lowest price of 0.034 USD on Jan 5, 2019. View more Synthetix Network Token dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The current circulating supply of Synthetix Network Token (SNX) is 339.89 M USD. To get a wider picture you can check out our list of coins with the highest circulating supply, as well as the ones with the lowest number of tokens in circulation.
Synthetix Network Token has the limit of 339.89 M coins. No matter how the currency evolves, no new coins will be released after this number is reached.
The safest choice when buying SNX is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade SNX right from TradingView charts — just choose a broker and connect to your account.
Crypto markets are famous for their volatility, so one should study all the available stats before adding crypto assets to their portfolio. Very often it's technical analysis that comes in handy. We prepared technical ratings for Synthetix Network Token (SNX): today its technical analysis shows the neutral signal, and according to the 1 week rating SNX shows the sell signal. And you'd better dig deeper and study 1 month rating too — it's sell. Find inspiration in Synthetix Network Token trading ideas and keep track of what's moving crypto markets with our crypto news feed.
Synthetix Network Token (SNX) is just as reliable as any other crypto asset — this corner of the world market is highly volatile. Today, for instance, Synthetix Network Token is estimated as 8.99% volatile. The only thing it means is that you must prepare and examine all available information before making a decision. And if you're not sure about Synthetix Network Token, you can find more inspiration in our curated watchlists.
You can discuss Synthetix Network Token (SNX) with other users in our public chats, Minds or in the comments to Ideas.