WANCHAIN Price Prediction Today: Daily (WAN) Value Forecast – June 20
- The $0.40 lower range mark has been assumed to be the defining point to both the north and the south direction of the WAN/USD market as at this point in time.
- The bulls may eventually find a way of coming back while the bears can't push the market line below $0.40 mark.
WAN/USD Medium-term Trend: Ranging
- Resistance levels: $0.50, $0.55, $0.60
- Support levels: $0.35, $0.30, $0.25
The range moving market between Wanchain and the US dollar still features in the week’s medium-term run. The range zones are found at $0.45 and $0.40 marks. The 50-day SMA indicator has clearly given a clear understanding that the choppy price movements are of that of lower lows and lower highs as they’ve been showing under its sell signal line.
The Bollinger Upper Band and the SMA trading indicators are closely located at the $0.45 upper range spot. The Stochastic Oscillators have slightly crossed hairs within ranges 60 and 40.
Were it be that the market would be experiencing smooth falling run to the south, the $0.40 lower range mark then needs to be broken downward. However, the same lower range spot is expected to be used by the bulls to build their foundational base for energy to surge out of the current range zones of the WAN/USD market.
WAN/USD Short-term Trend: Ranging
The market operations of WAN/USD has been serially rising and falling within a range today. The falling of the pair has only overridden the risings yet around range points of $0.44 and $0.42.
The indicators also fall in line with the range zones to affirm the on-going choppy price movements of the cryptocurrency. The Stochastic Oscillators have gone down towards range 20. And, they now attempt crossing at it.
The WAN/USD market’s bearish force now appears to be getting a reduction as it has been hovering around its short-term lower range point at $0.42. Expectantly, the bulls may soon regain their energy around that point or around $0.40 mark.
Live Wanchain (WAN) Price:
1 WAN/USD =$1.8708 change ~ 2.32%
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