- Band Protocol bounced back to $14.19 from the support of $10.96 on Wednesday’s trading session
- The 24-hour volume in BAND is at $103,471,591 with a 43.57% decrease.
- The BAND/BTC pair was trading at 0.000257 BTC with a loss of 7.39%
The 4-hour technical chart of BAND price projects an uptrend. According to pivot points, BAND’s critical support level is placed at $10.96. Whereas if it moves up, the key resistance level to watch is $19.08. While diving into the weekly chart of a 4-hour time-frame, it completes a bearish engulfing candlestick pattern.
SMA-50 & 100 acts as another strong support in the coin. SMA-50 (purple) intersects the SMA-100 (white), which projects a beginning of a bullish trend. The price is above the SMA’s. Investors may perceive a positive crossover in the chart, the price will also follow the positive trend.
RSI indicator (BULLISH), with a value of 53, indicates a buy signal in the coin. Moreover, Investors can see a flat line in the index, it may surge more in future trading sessions.
Band Protocol Price Is Going To Explode
Band Protocol price traded at $14.19 with a loss of 4.71% in the last 24-hour. In contrast, the market capitalization stands at $29 million. Technically, investors can perceive a positive crossover in SMA. Moreover, the movement of price can be towards the resistance of $19.08.
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