NANO Price Prediction Today: Daily (NANO) Value Forecast – July 25


  • The short and medium-term outlook is in a bullish trend.
  • Traders may look to buy at support area with bullish reversal candlesticks pattern.

NANO/USD Medium-term Trend: Bullish

Supply zones: $1.80, $1.90, $2.00
Demand zones: $1.00, $0.80, $0.60

NANO is in a bullish trend in the medium-term outlook. The bullish momentum resumed after the bearish exhaustion was terminated at $1.10 in the demand area as yesterday session opened. The cryptocurrency rose to $1.23 in the supply area before the end of yesterday session.

$1.21 was today’s 4-hour opening price with pressure on the coin strong by the bulls. Increased momentum pushed the coin up to $1.36 and later to $1.42 in the supply area before the momentum loss.

The retracement may drop price around the resistance area of the10-EMA. With the signal of the stochastic oscillator pointing up at 82% in the overbought region and the two EMAs fanned apart, these suggest an upward continuation. In the medium-term $1.50 a key supply area is on the horizon as the journey up north continues.

NANO/USD Short-term Trend: Bullish

The cryptocurrency continues in an uptrend in the short-term outlook. The breakout in the resistance at $1.10 of the two EMAs triggers the bullish momentum in the short-term during trading yesterday with price risen to $1.23 in the supply area. The rally was sustained during today session with bullish engulfing candles as price rose to $1.43 in the supply area.

The two EMAs are fanned apart with the 10-EMA as support for the bulls each time correction to the downside by the bears and price drops. $1.45 in the support area is the bulls’ target in the short-term.

Live Nano (NANO) Price:

1 NANO/USD =$8.4566 change ~ -11.24%

Coin Market Cap

$1.13 Billion

24 Hour Volume

$46.21 Million

24 Hour VWAP

$9

24 Hour Change

$-0.95

 

 

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide