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    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 =$10.2867 change ~ -3.49%

    Coin Market Cap

    $113.15 Million

    24 Hour Volume

    $3.5 Million

    24 Hour VWAP

    $10

    24 Hour Change

    $-0.3587

     

    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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    Avatar
    Azeez Mustapha
    Azeez began his FinTech career path in 2008 after growing interest and intrigue about market wizards and how they managed to become victorious on the battlefield of the financial world. After a decade of learning, reading and training the ins and outs of the industry, he’s now a sought after trading professional, technical/currency analyst and funds manager - as well as an author.

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

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