- Nano coin price levels registered a new 52-week high of $13.00 past couple of trading sessions back and were able to maintain their positive sentiment
- The price levels performed significantly positive during the week with an overall gain of 50.00%
- In case, the price levels are able to maintain weekly sustainability above $9.20, testing of $13.00 can be possible
The weekly price performance of Nano coin has been staggering while providing around 50.00% uptrend and showing no major signals of negative retracement on the chart. However, there can be a possible build-up of a new resistance point around $13.00 in the upcoming trading sessions. On the downside, the price levels are having major support placed at $1.00. The CMP is placed at $10.00 with an overall gain of 70.00% bringing the market capitalization to $1,331,308,050 resulting in a gain of 70.00%. The 24-hour volume traded has reached $2,544,885,899 having an incline of 4013.00%.
Nano Coin Needs To Develop Sustainability On Current Bullish Levels
The technical chart of Nano coin highlights the acute bullish rally made by the price levels from the past couple of trading sessions providing a positive breakout above the 0.236fib level for the first time this month. However, after creating a new 52-week high point of around $12.50, the price levels faced modest corrections but was able to maintain sustainability above the 0.618fib level. The foremost target of the crypto asset for the upcoming trading sessions will be to maintain concrete sustainability above the 0.236fib level in order to have a positive breakout above the crucial bullish mark of $2.00
The Stoch RSI is also showcasing strong bullish nature with a positive crossover
The relative strength index (RSI) had a positive breakout to the overbought region. The current level stands at 64.05 and aiming for sustainability.
The moving average convergence & divergence (MACD) is showcasing strong bullish nature with robust formation of green bars on histogram.
Resistance level: $13.00
Support level: $9.20