Nano Price Prediction Today: Daily (NANO) Value Forecast – June 11


  • On May 15, the price of NANO had an overhead resistance at a high of $2.0 price level.
  • Today, the bulls have broken the trend line and another candlestick opened and closed on the opposite of it.

NANO/USD Medium-term Trend: Ranging

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

Yesterday, June 10, the price of NANO was in a bearish trend. On May 15, the price of NANO had an overhead resistance at a high of $2.0 price level. A bearish trend line has been drawn showing the resistance levels of price, On May 30, the bulls were resisted and the price fell to $1.65 support level.

At the support of $ 1.65, the bulls made an upward move to retest the trend line. On June 2, the bulls were resisted and the price fell to the support of the $1.600 price level. This has been the scenario. Today, the bulls have broken the trend line and another candlestick opened and closed on the opposite of it. Meanwhile, NANO price was in the oversold region of the daily stochastic but below the 20% range. This indicates that price is a bearish momentum and a sell signal.

NANO/USD Short-term Trend: Bearish

On the 1-hour chart, the NANO price was in a bearish trend. The 12-day EMA and the 26-day EMA are trending in a sloping horizontally. In the lower time frame, the price of NANO has a $1.600 overhead resistance levels.

The bulls have tried to break above the overhead but without success. Meanwhile, NANO price was in the oversold region of the daily stochastic but above the 40% range. This indicates that price is a bearish momentum and a sell signal.

Live Nano (NANO) Price:

1 NANO/USD =$9.8333 change ~ -9.05%

Coin Market Cap

$1.31 Billion

24 Hour Volume

$42.08 Million

24 Hour VWAP

$10

24 Hour Change

$-0.89

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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