NANO Price Prediction Today: Daily (NANO) Value Forecast – June 7


  • The short-term outlook is in a bullish trend while the medium-term outlook is in a range-bound market.
  • Buying at pullback areas may b considered.

NANO/USD Medium-term Trend: Ranging

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

NANO continues in a range-bound market in the medium-term outlook. The bear control of the market was extended until $1.40 in the demand area due to exhaustion denoted by wicks at the lower price range. The bulls returned was confirmed by the large candle at $1.44 as NANAO rose to $1.90 before the close of the yesterday session.

The bulls continue the journey up shortly after today’s opening price at $1.50 pushing price further high to $1.90 within the range.

Price is above the 10-EMA and the stochastic oscillator signal points up at 72% an indication of upward momentum and a possible breakout at the supply area in the medium-term.

The cryptocurrency is consolidation and trading between $1.60 in the upper supply area and at $1.42 in the lower demand area of the range. A breakout at the upper supply area or breakdown at the lower area may occur hence patience is required to allow this to happen before a position is taken.

NANO/USD Short-term Trend: Bullish


The cryptocurrency is in the uptrend in the short-term outlook. The predicted $1.40 low of the day was attained in the demand area during yesterday session before the bulls gradual retuned. NANO was up at $1.48 in the supply area before the close of the session.

The momentum was sustained as the market opens today with a large bullish candle at $1.47 as the trendline was retested again. A breakout occurred pushing the cryptocurrency price to $1.52.

Price is up at $1.56 above the two EMAs and the stochastic oscillator is in the overbought region. The journey up north may continue with $1.90 as the bulls initial target.

Live Nano (NANO) Price:

1 NANO/USD =$10.7198 change ~ -13.89%

Coin Market Cap

$1.43 Billion

24 Hour Volume

$148.51 Million

24 Hour VWAP

$12

24 Hour Change

$-1.49

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