Nano Price Prediction Today: Daily (NANO) Value Forecast – July 16


  • The coin is fluctuating between the levels of $1.4000 and $1.8000.
  • On the upside, if the $0.9299 support level holds the crypto's price will rise and move into the range bound zone.

NANO/USD Medium-term Trend: Ranging

  • Resistance Levels: $1.50, $1.60 ¸ $1.70
  • Support levels: $0.90, $0.80, $0.70

Yesterday, July 15, the price of NANO was in a bearish trend. On June 26, the bears had earlier broken the lower price range and has reached the $0.9299 support level. The $0.9299 support level was the previous low of March 11. The support level is likely to hold and traders should lookout for buy setups  so as to initiate long trades in anticipation of a bullish trend.

The coin is fluctuating between the levels of $1.4000 and $1.8000. Meanwhile, the 12-day EMA and the 26-day EMA are sloping horizontally and southwardly  indicating that price is in a bearish trend. On the upside, if the $0.9299 support level holds the crypto's price will rise and move into the range bound zone.

Meanwhile, NANO price was in the oversold region of the daily stochastic but above the 40% range. This indicates that price is a bullish momentum and a buy signal.

NANO/USD Short-term Trend: Ranging

On the 1-hour chart, the NANO price is in a sideways trend. The 12-day EMA and the 26-day EMA are trending horizontally indicating that price is in a sideways trend. The crypto’s price is facing resistance at the $1.420 price level.

Each time the bulls tested the $1.420 resistance, the price would fall to the support or below the EMAs. Meanwhile, NANO price was in the oversold region of the daily stochastic but above the 20% range. This indicates that price is a bullish momentum and a buy signal.

Live Nano (NANO) Price:

1 NANO/USD =$9.5626 change ~ -6.15%

Coin Market Cap

$1.27 Billion

24 Hour Volume

$34.92 Million

24 Hour VWAP

$10

24 Hour Change

$-0.59

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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