Nano Price Prediction: Long-term (NANO) Value Forecast – July 20
- The NANO/USD pair is trading between the levels of $1.400 and $1.800.
- Traders should initiate long trades at the lower price range and exit near the upper price range.
NANO/USD Long-term Trend: Ranging
- Resistance levels: $2.0000, $2.2000, $2.4000
- Support levels: $1.2600, $1.2400, $1.2200
The NANO/USD pair is in the sideways trend zone. The EMAs are sloping horizontally indicating that price is in a sideways trend. The NANO/USD pair is trading between the levels of $1.400 and $1.800. The crypto’s price is fluctuating below 12-day EMA and the 26-day EMA and has broken the lower price range to the support level at $1.2000. On the upside, the bulls are attempting break above the lower price range. Traders should initiate long trades at the lower price range and exit near the upper price range.
The price of NANO is expected to range for a few more days because of the presence of small body candlesticks. The small body candlestick like the Doji and Spinning tops described the indecision between the buyers and sellers at the crrent market price. The stochastic is in the oversold region but above the 40% range which indicates that the price of Nano is in a bullish momentum and a buy signal.
Live Nano (NANO) Price:
1 NANO/USD =$10.3609 change ~ -3.75%
The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice Always do your own research.