Nano Price Prediction Today: Daily (NANO) Value Forecast – June 4


  • On May 30, the bulls attempted to break the $2.0 overhead resistance but were repelled at the $1.90 resistance level.
  • The downward correction was completed as the crypto's price fell to its low at $1.472 price level. This was the previous low of May 09.

NANO/USD Medium-term Trend: Ranging

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

Yesterday, June 3, 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. On May 16, the crypto's price was resisted. The NANO market fell and had a downward correction to a low at $1.68. The crypto's price was fluctuating below and above the 12-day EMA and the 26-day EMA which are sloping horizontally. On May 30, the bulls attempted to break the $2.0 overhead resistance but were repelled at the $1.90 resistance level.

The price made a downward correction to the EMAs. On June 2, the bulls were resisted in the bullish trend zone at the $1.80 price level. The downward correction was completed as the crypto's price fell to its low at $1.472 price level. This was the previous low of May 09. 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 crypto's price was in smooth downtrend. The 12-day EMA and the 26-day EMA are trending in a sloping position. The crypto's price was below the EMAs which was the reason for the price fall.
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.

Live Nano (NANO) Price:

1 NANO/USD =$5.3916 change ~ 7.17%

Coin Market Cap

$718.42 Million

24 Hour Volume

$16.38 Million

24 Hour VWAP

$5

24 Hour Change

$0.39

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