Nano [NANO] Technical Analysis and Price Prediction 2018, 2020
Although nine more proposals for Bitcoin ETFs were rejected by the U.S. financial regulator, the crypto market has more or less shrugged off the negative news. This is because many in the crypto community were expecting the same verdict and had more or less accounted for it. Nano [NANO] has been gaining in recent days, rising more than 30 percent in the last week alone.
The digital asset initially found support at $1.72 and has since maintained its upward momentum. The coin experienced a breakout at the current resistance level, which can be traced at $1.93. The crypto is currently attempting to breach the $2 mark.
At the time of writing, the 100 EMA line showed that digital coin was in an uptrend. The MACD indicates that the virtual currency is trading in the bullish zone. Currently, the coin is exhibiting a significant trading range of $1.79-$2. As of 1930 GMT, NANO had surged 11.3 percent against the U.S. dollar to trade at $1.95.
The digital coin had climbed close to 11 percent against BTC at the time of writing. Currently, one NANO is equivalent to around 0.0003 BTC.
Nano [NANO] Price Prediction 2018, 2020
- According to coinliker.com, the coin is expected to reach $121.46 in one year. Profit Confidential has forecast that the crypto will be worth $40 by the end of the year.
- According to Tradingbeasts, the virtual currency is expected to end of the year at $9.29. By the end of 2020, the digital asset is expected to trade in the range $17.2-$25.3.
Nano [NANO] Latest Updates
Bitcoin Superstore – a crypto-only store – recently started accepting payments made using the coin. The store allows users to buy from online retailers who do not charge a membership fee, including Amazon, Alibaba and Walmart.com. This means that the virtual currency can be used to buy products from over 200,000 online retailers.
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