ANGUR Price Prediction Today: Daily (REP) Value Forecast – July 16


  • The short and medium-term outlook is in the downtrend.
  • $10.00 in the demand area is a key demand area as the bears' eye a retest.

REP/USD Medium-term Trend: Bearish

Supply zone: $20.00, $22.00, $24.00
Demand zone: $10.00, $9.8.0, $9.60

ANGUR continues in a bearish trend in the medium-term outlook. The bears resume the downtrend at $15.75 in the supply area after the formation of an inverted pinbar. The cryptocurrency fell to $12.33 as the low of yesterday session.

Today’s market opened on a bearish note at $12.78 and closed as a bearish pinbar suggesting downtrend continuation as the bears' journey down south.

$10.27 in the demand area was already attained today with a large bearish candle as the bears continued dominance. The journey down south may continue as signaled d by the signal of the stochastic oscillator pointing down at 13% in the oversold region.

$9.00 in the demand area is the bears' initial target as momentum becomes stronger in the medium-term with more candles opened and closed below the two EMAs.

REP/USD Short-term Trend: Bearish

The lower price range of the range at $14.00 in the supply area was broken on 14th July and the cryptocurrency dropped to $12.26 in the demand area before the close of yesterday session. The bears maintained control in the market with today’s opening price at $13.04.

$11.05 was the initial price as bears journey down south. Increased bearish momentum further pushed price down to $10.40 in the demand area.

$10.00 in the demand area is on the card as the bears resume after the bullish exhaustion.

Live Augur (REP) Price:

1 REP/USD =$52.1855 change ~ 1.57%

Coin Market Cap

$574.04 Million

24 Hour Volume

$17.57 Million

24 Hour VWAP

$51

24 Hour Change

$0.82

 

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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