ANKRUSDT Market Retains Profit as Prices Appreciate by 3.53%

Azeez Mustapha


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Generally, the ANKRUSDT market has maintained a steady upside path since its price action changed course off the $0.04000 mark. With price activity now above an important technical mark, it appears that the market is already eyeing another higher price mark.

Ankr Statistics:
Current ANKR Value: $0.05444
Ankr Market Cap: $544,635,026
ANKR Circulating Supply: 10,000,000,000
Ankr Total Supply: 10,000,000,000
ANKR CoinMarketCap Rank: 132

Key Price Levels:
Resistance: $0.05500, $0.06000, and $0.06500
Support: $0.05000, $0.04500, and $0.04000

ANKRUSDT Market Retains Profit as Prices Appreciate by 3.53%ANKRUSDT Retreats Below the $0.05500 Mark

While the ongoing session in the ANKRUSDT market remains bullish, it could be seen that the session on a daily chart has reversed below a psychological price mark at $0.05500. Nevertheless, it should be noted that price action remains generally oriented towards higher grounds.

Price activity remains above the lines of the Guppy Multiple Moving Average (GMMA) lines. Likewise, despite the contractions, it could be seen that the Relative Strength Index lines continue to trend upwards into the overbought region. This affirms that upside forces might still be in cruise control of the market.

ANKRUSDT Market Retains Profit as Prices Appreciate by 3.53%ANKRUSDT Market Stays on Course Even as Volatility Thins

The ANKRUSDT 4-hour market has further revealed that price action is trying to stay on course towards higher ground. The SRSI lines are still trending upwards, although we could see that the indicator lines are now closer to each other than before. Also, the lines of this indicator have risen into the overbought region but maintain an upside trajectory around the 90 mark.

A new session has begun, and buyers are taking the lead already. The position of the body of the price candle suggests that buyers are exerting considerable force on the token’s price. Therefore, the use of bullish crypto signals seems valid in this market as price action seems set towards the $0.06000 mark.

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

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