ANGUR Price Prediction Today: Daily (REP) Value Forecast – July 2
- The short and medium-term outlook is in a bearish trend.
- Responsible selling at broken key demand areas.
REP/USD Medium-term Trend: Bearish
Supply zone: $20.00, $22.00, $24.00
Demand zone: $10.00, $9.8.0, $9.60
ANGUR is in a bearish trend in the medium-term outlook. The bears continue to push the coin further down after the break and retest of the lower demand area at $17.50 in the range on 28th June.
Each day the bears pushed the coin to a lower low with $15.26 and $14.57 on 30th June and 1st July respectively.
Today 4-hour opening candle at $15.22 formed a bearish tweezer top sustaining the momentum down south. REPUSD fell to $13.71 in the demand area as exhaustion sets in with the candle closing a spinning top.
Price is below the two EMAs and the stochastic oscillator signal points down at 17% in the oversold region, an indication of downward continuation in price of the cryptocurrency in the medium-term.
REP/USD Short-term Trend: Bearish
The bears maintained a stronghold of the market as it opened today at $15.15. A continuation of the strong pressure that began on 30th June. $14.24 was the initial low with increased momentum, the coin dropped further to $13.89 in the demand area.
A minor push to the trendline may occur as indicated by the signal of the stochastic oscillator pointing up at 30% before the bears resume the downward continuation.
Price is below the two EMAs an indication of bears pressure with $12.00 in the demand area as the bears' target in the short-term.
Live Augur (REP) Price:
1 REP/USD =$45.1054 change ~ -3.05%
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