Bancor Price Prediction for Today, April 13 – BNT Technical Analysis

The
Bancor
price
prediction
may
continue
to
settle
above
the
9-day
and
21-day
moving
averages
as
the
coin
heads
to
the
upside.

Bancor
Network
(BNT)
Token
Forecast:
Is
Bancor
Coin
Worth
Investing
In?

As
the
cryptocurrency
market
approaches
the
$3
trillion
capitalization
mark,
altcoins
are
leading
the
bullish
trend.
While
large-cap
coins
continue
to
reach
new
heights,
smaller-cap
coins
hold
the
promise
of
substantial
gains.
Amidst
a
sea
of
altcoins,
we
present
a
BNT
price
prediction,
focusing
on
the
native
coin
of
the
Bancor
Network.

Bancor
Prediction
Statistics
Data:

• Bancor
  price
  now
  –
  $0.86
• Bancor
  market
  cap
  –
  $108.3
  million
• Bancor
  circulating
  supply
  –
  131.1
  million
• Bancor
  total
  supply
  –
  161.1
  billion
• Bancor
  Coinmarketcap
  ranking
  –
  #141

BNT/USD
Market

Key
Levels:

Resistance
levels:
$1.05,
$1.10,
$1.15

Support
levels:
$0.65,
$0.60,
$0.55

Looking
at
the
daily
chart,

BNT/USD
continues
to
trade
above
the
9-day
and
21-day
moving
averages
within
the
channel.
However,
the
cryptocurrency
is
now
trying
to
create
a
higher
ground
above
the
resistance
level
of
$0.95,
and
should
the
buyers
keep
the
coin
above
the
moving
averages,
it
may
remain
on
the
upside.

Bancor
Price
Prediction:
What
Could
be
the
Next
Direction
for
Bancor?

The
Bancor
price
may
stay
above
the
moving
averages
and
if
the
resistance
of
$1.00
gives
way,
the
bull
run
may
come
to
focus,
and
the
coin
may
create
an
additional
bullish
trend.
Now,
the
bullish
scenario
seems
to
surface
as
buyers
continue
to
post
firm
commitments
into
the
market.
According
to
the
daily
chart,
traders
could
see
a
sharp
rise
in
the
market
price.
Therefore,
if
the
coin
moves
near
the
upper
boundary
of
the
channel,
this
could
further
strengthen
the
market
to
the
resistance
level
of
$1.05,
$1.10,
and
$1.15.

Nevertheless,
a
lower
possible
swing
may
likely
retest
the
previous
support
below
the
9-day
and
21-day
moving
averages.
However,
if
the
bears
manage
to
fuel
the
market,
traders
may
expect
a
further
drop
to
the
support
levels
of
$0.65,
$0.60,
and
$0.55
respectively.
On
the
other
hand,
the
9-day
and
21-day
moving
averages
stay
within
each
other,
indicating
that
the
market
may
consolidate.

BNT/BTC
Could
Move
Bullishly

Against
Bitcoin,
the

Bancor
price
is
hovering
above
the
moving
averages
in
other
to
reach
the
resistance
level
of
1400
SAT.
Meanwhile,
this
resistance
level
is
expected
to
effectively
exceed
so
that
the
market
price
may
end
up
closing
above
it.

Moreover,
if
BNT/BTC
slides
below
the
9-day
and
21-day
moving
averages,
it
could
refresh
lows
under
1100
SAT
and
a
possible
bearish
continuation
may
likely
meet
the
major
support
at
1000
SAT
and
below
but
if
the
coin
crosses
above
the
upper
boundary
of
the
channel,
it
could
hit
the
potential
resistance
at
1550
SAT
and
above.

However,
@JavonTM1
shared
insights
with
his
36.7k
followers
on
X
(formerly
Twitter)
regarding
$BNT
(Bancor)’s
price
performance
in
late
2023.
He
noted
the
extreme
strength
displayed
by
Bancor,
resulting
in
an
impressive
approximately
+387%
movement
towards
the
$9.0821
target.
However,
he
suggests
that
Bancor
might
not
be
finished
yet,
as
this
target
remains
well
within
reach.
With
the
potential
for
over
900%
movement
to
reach
it,
significant
developments
may
be
underway.

$BNT
(Bancor)’s
price,
in
late
2023,
showed
EXTREME
strength,
making
an
approximately
+387%
move
towards
the
$9.0821
target
but
they
may
be
far
from
done
as
this
target
remains
well
in
play!

With
this
being,
an
over
900%
move
to
reach
it
could
be
coming
and
in
the
works…

https://t.co/sC83SnQzuL

pic.twitter.com/iFLpEaaw1V

—
JAVON⚡️MARKS
(@JavonTM1)

April
7,
2024

Bancor
Alternatives

The
Bancor
price
has
bounced
back,
settling
comfortably
above
the
moving
averages
after
briefly
dropping
below
the
lower
channel
boundary.
If
market
momentum
persists
and
pushes
upwards,
traders
may
witness
a
test
of
the
$1.00
resistance
level.
With
strong
bullish
activity,
Bancor’s
price
could
aim
for
even
loftier
heights.
In
comparison,
while
Bancor
(BNT)
boasts
a
market
capitalization
of
$108.3
million,

Dogeverse
is
still
in
its
early
developmental
phase.
Despite
Bancor’s
established
status,
$DOGEVERSE
presents
an
enticing
opportunity
with
the
potential
for
rapid
price
appreciation.
Demonstrating
its
promising
outlook,
the
token
has
already
attracted
over
$3.7
million
in
its
ongoing
presale
phase,
showcasing
its
upward
trajectory.

Start
Early,
Win
Big!
Dogeverse
Presale
Now
in
Full
Swing!

Join
the
ranks
of
savvy
investors
as
Dogeverse
raises
over
$13.7
million,
marking
a
monumental
milestone
in
its
journey
toward
success.
With
such
impressive
backing,
investing
in
Dogeverse
presents
an
unparalleled
opportunity
to
capitalize
on
the
rising
tide
of
the
cryptocurrency
market.

Dive
into

Dogeverse
today
and
position
yourself
for
potentially
lucrative
returns.

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