- ANKR coin price is currently in an uptrend and can soon see a new high . In contrast, it has seen a gain of more than 0.74% in the past 24 hours
- ANKR technical indicators hints towards a strong uptrend for upcoming weeks. Meanwhile, the ANKR/BTC pair is down 0.6% in the intraday session
Why Invest In ANKR Crypto?
ANKR crypto price is currently in a bullish mode and can soon observe a breakout above the $0.12. ANKR coin price is currently near the value of $0.1124. The platform originates as a solution that utilizes shared resources in order to provide easy and affordable blockchain node hosting solutions for the business. It came into existence in November 2017 and during its time on the market, it has become the most popular container-based cloud services through the usage of shared resources.The Ankr Platform was launched by Berkeley University in California as a distributed computing platform which uses the blockchain technology. The Co-founder Chandler Song has worked as an engineer at Amazon Web Services and serves as CEO, while the other co-founder Ryan Fang worked as an investment banker at Morgan Stanley. One can invest in ANKR as per the price action and the positive breakout in the asset price.
Technical Indicators Of ANKR Crypto Hints Towards A Consolidated Momentum For Upcoming Days
The weekly technical chart of ANKR coin price suggests a bullish momentum in price for the future . On the daily chart the price is currently observing a consolidation after a short bull run . The bullish momentum of ANKR coin price can observe hostility while going up near $0.14. The support in the coin price on the downtrend can be seen near $0.094. ANKR price is currently trading above the 50 and 100 Daily Moving Average, with an upcoming . The 50 DMA is currently near the value of $0.0868, making it a temporary bounceback zone for the price. ANKR token price breakout above 100MA can push the price to a new high. ANKR/BTC pair can also see a strong upside momentum in the future.
Conclusion
ANKR crypto price is currently seeing a consolidated momentum on the daily chart . ANKR/BTC pair can also see a new high in the upcoming days . An Investor should do their due diligence before investing.
Technical Levels
Major Support:$0.09
Major Resistance:$0.14