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
Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
After price action fell below the 1.4650 price mark, buyers seem to be in a cautious mood. Consequently, this resulted in price action not rising significantly, even when buyers had the chance to raise it. As of now, it appears that buyers have also regained control of price action. So let’s look at this market to know what may occur in it.
API3 Analysis Data
API3 Value Now: $1.2830
API3 Market Cap: $108,695,773
API3 Moving Supply: 84,796,289
API3 Total Supply: 124,603,377
API3 CoinMarketCap Ranking: 195
Major Price Levels:
Top: $1.2830, $1.2930, and $1.3000
Base: $1.2800, $1.2750, and $1.2700
API3/USD Focuses on the $1.2990 Short-Term Resistance
Considering three trading sessions ago, selling pressure made price action in the API3/USD daily market poke through the support level, 1.2568. However, these seem to have triggered some buy orders, which caused a retracement towards the 1.2990 price mark. Also, it can be seen that price action seems to have crossed into the buyers’ zone on the Fibonacci Retracement tool. But on the contrary, a downward crossover seems to have appeared on the Stochastic Relative Strength Index (RSI) indicator. Nevertheless, it should be noted that the crossover is due to the downside retracement that occurred over the past two trading sessions.
API3 May Receive More Upside Thrust from Buyers
API3 Price action has crossed above the 9- and 21-day Exponential Moving Average curve (EMA). As a result, this suggests that price action may have started an uptrend at this point. Likewise, the Stochastic RSI indicator has also made a U-turn northward (towards the overbought zone). The leading line of this indicator. At this point, buyers may gather more buying confidence, and this will further advance prices into the buyers’ zone, causing them to retrace the 1.3500 mark.
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
