- Neutron coin has a derivative open interest of $9.85 Million.
- Neutron (NTRN) coin has shown an increase of 4.00% in the last 24 hours.
- The total numbers of NTRN coins mined is 39,121,694 NTRN.
Neutron stands out as a highly secure cross-chain smart-contracting platform, merging the robust security of a blockchain ranking in the top 10 by staked capitalization with advanced cross-chain infrastructure.
This integration facilitates the secure scalability of DeFi applications across an expanding network of 51+ interconnected blockchains.
The NTRN coin is currently trading at $0.47, with an increase of 4.00% in the last 24 hours. The coin has a total circulating supply of $39 Million and the average trading volume of the coin as per TradingView is 1.6 Million.
The Open Interest of the NTRN coin is $9.85 Million and the total number of coins mined is 39,121,694 NTRN. the coin has shown a return of over 50% since its launch.
Neutron (NTRN) Technical Analysis
The NTRN coin is presently moving in an upward direction. The price is forming a higher high pattern and the price has made an all-time high a few days ago.
The price has hit a high of $0.58 and then showed a retracement and price took the support at the $0.404 level. The overall structure of the NTRN coin is positive and the price is expected to rise further in the upcoming days.
The technical indicator summary by TradingView also gives a strong “buy” signal to the NTRN coin. Out of the 26 indicators, 10 suggest a buy signal and 0 suggest a sell signal. This positive summary further increases the probability of the price rise.
Technical Indicators Outlook About Neutron Price
The NTRN coin’s MACD indicator is positioned above the zero line, displaying a green histogram. Furthermore, the MACD line consistently stays above the SMA line, indicating a positive trend and increasing the probability of a price surge.
Additionally, the RSI and SMA lines are favorably situated above the 50 levels. The signals point to an upcoming optimistic crossover, hinting at the potential dominance of buyers in the market.
Conclusion
In conclusion, the NTRN coin is moving in an uptrend direction. The coin has shown an impressive return of over 50% since its launch. The overall structure of the coin is positive and the indicators are also showing a positive signal. Hence, the price is expected to rise in the upcoming days.
Technical Levels
- Support Levels: $0.40 and $0.28
- Resistance Levels: $0.54 and $0.61
Disclaimer
The views and opinions of the author, or anyone naNTRN in this article, are for informational purposes only. They do not offer financial, investment, or other advice. Investing or trading crypto assets involves the risk of financial loss.
