ANKRUSDT Market Is Shaking Off Bearish Influences

The ANKRUSDT market has been performing well recently, with upside forces steadily pushing prices higher. Despite some downward corrections in the ongoing session, metrics indicate a decent recovery of 3.23%.

ANKR Statistics:
Current Ankr Value: $0.03047
Ankr Market Cap: $309,744,762
ANKR Circulating Supply: 3.63386786
Ankr Total Supply: 10,000,000,000
ANKR CoinMarketCap Rank: 182

Key Price Levels:
Resistance: $0.03047, $0.03147, and $0.03300
Support: $0.03000, $0.02900, and $0.02800

Ankr Bulls Engage in a Tug of War with Bears

Although the previous session in the ANKRUSDT market yielded significant profits, downward forces are currently impeding price movement. The last price candle on this chart resembles a spinning top candle with a long shadow, indicating initial dominance by downward forces.

However, given the extent of the upside recovery, it’s evident that bullish forces have made substantial progress. Additionally, price action remains above the Guppy Multiple Moving Average (GMMA) curves, and the Moving Average Convergence Divergence Indicator Lines continue to rise steadily above the equilibrium level, suggesting an upward trajectory for Ankr’s price action.

ANKR Bulls Make a Quick Recovery

In the 1-hour ANKRUSDT market, the previous session saw a moderate downward correction, followed by an equal amount of upside recovery in the ongoing session, maintaining the $0.03000 mark.

The corresponding price candle for the ongoing session has appeared above the GMMA indicator lines, indicating upside potential for the market. Additionally, the MACD curves are trending upward above the equilibrium level, with the appearance of the bars suggesting that bullish forces remain strong, potentially keeping the market on an upward path. This makes bullish crypto signals with targets just above the $0.03100 mark still viable in this market.

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