API3/USD Price Action Extends Its Moderate Gains Above the 61.80 Fibonacci Level 

Azeez Mustapha

Updated:

Unlock Daily Forex Signals

Select a Plan

£39

1 - month
Subscription

Select

£89

3 - month
Subscription

Select

£129

6 - month
Subscription

Select

£399

Lifetime
Subscription

Select

£50

Separate Swing Trading Group

Select

Or

Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more

Checkmark

Service for copy trading. Our Algo automatically opens and closes trades.

Checkmark

The L2T Algo provides highly profitable signals with minimal risk.

Checkmark

24/7 cryptocurrency trading. While you sleep, we trade.

Checkmark

10 minute setup with substantial advantages. The manual is provided with the purchase.

Checkmark

79% Success rate. Our outcomes will excite you.

Checkmark

Up to 70 trades per month. There are more than 5 pairs available.

Checkmark

Monthly subscriptions begin at £58.



Since the past two trading sessions, price action in the API3/USD market has been presenting moderate gains. This token has recorded an additional price increase of 2.60%. Price action in this market seems ready for more upside moves, as trading indicators are positive about increasing upside momentum.

API3 Analysis Data:
API3 value now: $1.6350
API3 market cap: $131,744,918
API3 moving supply: 80,187,931
API3 Total Supply: 71,748,537
API3 CoinMarketCap ranking: #196

Major Price Levels:
Top: $1.6350, $1.6400, and $1.6450
Base: $1.6320, $1.6300, and $1.6270

API3/USD Price Action Extends Its Moderate Gains Above the 61.80 Fibonacci Level 

Buyers in the API3 Market Appears Ready to Take Price Further Upwards

The API3/USD daily market has stayed consistent with moderate profits for about three sessions till now. Price activity in this market now occurs above the 61.80 Fibonacci Retracement level, and above the 21-day EMA line. The lines of the Stochastic RSI are in the overbought region, with the leading line now at the peak of the indicator. Meanwhile, the lagging line remains at the 89 levels of the indicator. Also, the MACD indicator curves are rising more steeply toward the equilibrium level. The histogram bars of the MACD show that price upside momentum is strong enough to continue for some time. Consequently, there may be more price upside moves in this market.

API3/USD Price Action Extends Its Moderate Gains Above the 61.80 Fibonacci Level 

API3 Is Eying the $1.7050 Price Level

Price action on the API3 /USD 4-hour market shows that the bulls sre strong, and were able to recover from weak punches that were delivered by the bears. In the ongoing session, buyers have been able to show dominance, going by the size of the last price candle. Consequently, this has caused the RSI indicator to be about to deliver an upside cover in the overbought region. Also, the bars of the MACD have started showing that the bulls have regained firm control. This could be seen as the last bar on the MACD is now vivid green. Meanwhile, API3/USD price action remains above the 21-day EMA curve and continues to move upwards in the drawn upside-sloping price channel. Therefore, price action in this market seems ready to hit the $1.700 mark.

Buy API3 on eToro.

 

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Share with other traders!

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.

Leave a Reply

Your email address will not be published. Required fields are marked *