- The NANO coin price is positive, around 4.5%, during the intraday trading session.
- The 24-hour trading volume is at $17 million.
- NANO/BTC pair is trading positive by 3.2% at 0.00010347 BTC.
Daily technical chart and price trend of NANO coin show a bearish trend. Based on the pivot level, the first support zone is 3.50 USDT. From another perspective, if it rushes, the resistance level to watch is 6.20 USDT. Thus, the graph made a bullish harami candle pattern during the day, and the cost is relied upon to remain upside with unwavering medium force.
The Moving Average Exponential (EMA) Ribbon, comprising of different Ema’s, goes about as solid support in the coin price move. Investors might notice the cost moves below the red ribbon and 200-EMA, so it will guarantee a downswing in Nano until it’s below the ribbon.
Trading volume (175.709 K) is underneath the 20-day moving average (1.316 M). To put it plainly, the volume is low, making the cost struggle at the support levels. Investors can likewise check that the volume bars on the graph are slanting, which demonstrates that exceptional instability is normal in the following trading days.
The Schaff Trend Cycle indicator (bearish) with a 0 represents a sell signal in the coin, projecting a downtrend. Additionally, Investors can see a red sell signal and a downward slope in the index.
NANO Coin Price Tumbles 34% Within a Month
The nano price today is $4.39, with a 24-hour trading volume of $17,832,767. The price of NANO has risen 4.5% in the last 24 hours. It has a circulating quantity of 130 million NANO coins and a total quantity of 133 million. The STC points to a selling indication, and the traders have prompted low volume. In fact, the cost struggles at the pivot level. In like manner, with the general market perspective, the pattern stays bearish for coming trading days.
Resistance Level: $6.20
Support Level: $3.50