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
The API3USDT market has gained significant traction over the past few weeks. The market has continued to find successively higher support levels. As a result, the token’s price has run through multiple technical price levels, and the ongoing session is trying to continue the trend.
API3 Statistics:
Current API3 Value: $4.718
API3 Market Cap: $410,031,107
API3 Circulating Supply: 86,421,978
API3 Total Supply: 125,324,588
API3 CoinMarketCap Rank: 141
Key Price Levels:
Resistance: $4.718, $4.900, and $5.100
Support: $4.700, $4.500, and $4.300
API3 Is Attempting to Forge Ahead Above the $4.500 Mark
In the daily API3USDT market, price action broke through the psychological price level in the previous session. Meanwhile, the ongoing session has picked up from the previous breach and has advanced the market further upwards through the 4.700 mark. Consequently, trading activities here now occur above the Guppy Multiple Moving Average (GMMA) indicator lines.
Likewise, the applied Moving Average Convergence Divergence (MACD) indicator lines are rising sharply upward, indicating that upside market forces are up and running. In addition, the bars of the MACD indicator are still vividly green and tall above the equilibrium level, indicating that upside momentum is quite strong.
Price Action in the API3USDT Seems Ready to Keep Going
Upside forces appear to remain dominant in the API3 4-hour market. This could be seen as the buyers quickly gained control of the market following the minor price dip that occurred in the previous session, going by this market timeframe. The last price candle suggests that price action may have found strong support at the $4.500 mark. Also, this support is located above the GMMA lines.
Simultaneously, the used MACD indicator lines are still pointing upward, while its bars are appearing vividly green even in this timeframe. Examining this market reveals that price action is consistent with upside promises; consequently, this suggests that the use of bullish crypto signals still seems okay in this market, as prices may rise through the $5.000 mark.
Trade crypto coins on AvaTrade.
- 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
Learn to Trade
Never Miss A Trade Again
Signal Notification
Real-time signal notifications whenever a signal is opened, closes or Updated
Get Alerts
Immediate alerts to your email and mobile phone.
Entry Price Levels
Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.