Nano Price Prediction Today: Daily (NANO) Value Forecast – July 2


  • The coin is fluctuating between the levels of $1.4000 and $1.8000.
  • Presently, NANO price has broken out of the lower price range. If the downward fall is continuing, the market may reach the previous low of $1.000.

NANO/USD Medium-term Trend: Ranging

  • Resistance Levels: $1.50, $1.60  $1.70
  • Support levels: $1.40, $1.30, $1.20

Yesterday, July 1, the price of NANO was in a sideways trend. The 12-day EMA and the 26-day EMA are sloping horizontally indicating that price is in a sideways trend. The coin is fluctuating between the levels of $1.4000 and $1.8000. Traders can trade a ranging market.

A trader should initiate a short trade at the upper price level and exit such trade near the lower price range. Similarly, a long trade should be initiated at the lower price range and exit such trade near the upper price range. However, if a coin experience a bullish or bearish breakout then a trader should suspend his range bound trading.

Presently, NANO price has broken out of the lower price range. If the downward fall is continuing, the market may reach the previous low of $1.000. Meanwhile, NANO price was in the oversold region of the daily stochastic but above the 20% range. This indicates that price is in 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 horizontally flat indicating that price is in a sideways trend. The bullish candlestick is making an upward move to break the EMAs to the upside.

Presently, the crypto’s price is below the EMAs which indicates that price might likely fall. Meanwhile, NANO price was in the oversold region of the daily stochastic but below the 40% range. This indicates that price is in a bearish momentum and a sell signal.

Live Nano (NANO) Price:

1 NANO/USD =$5.0063 change ~ -4.37%

Coin Market Cap

$667.08 Million

24 Hour Volume

$15.66 Million

24 Hour VWAP

$5

24 Hour Change

$-0.22

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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