Bancor Price Prediction for 11th of October: BNT/USD Struggles to Free Itself From Bearish Resistance
Bancor’s bullish trend , from July, was cut short at the price resistance level of $0.6104, on the 8th of August. This happened when the price (unlike any other bullish candlestick that has appeared before on the chart) skyrocketed with very strong momentum ; reaching almost to $0. 700 price level . The bullish market movement triggered strong selling pressure. As a result of this, the bulls lost all the price levels that they have gained and the price levels returned to $0.6104. After this, the pressure of the two forces matched. This resulted in a price consolidation that lasted for 7 days. On the 15th of August, the market began moving in a bearish way. The market took its base around the $0.4242 support level. It then finds it difficult to break away since the 28th of August. Bancor Market Price Statistic: BNT/USD price now: $0.4455 BNT/USD market cap: $89,238,464 BNT/USD circulating supply: 198.86 Million BNT/USD total supply: 198,857,636 BNT/USD coin ...