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Band Protocol Price Prediction for Today, September 28 – BAND Technical Analysis

September 28, 2023
in Bitcoin
Reading Time: 4 mins read
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The Band Protocol value prediction reveals that BAND spikes upward due to a latest restoration above the shifting averages.

Band Protocol Prediction Statistics Knowledge:

Band Protocol value now – $1.158
Band Protocol market cap – $153.2 million
Band Protocol circulating provide – 134.4 million
Band Protocol complete provide – 138.8 million
Band Protocol Coinmarketcap rating – #159

BAND/USD Market

Key Ranges:

Resistance ranges: $1.35, $1.40, $1.45

Help ranges: $0.90, $0.80, $0.70

Band Protocol Price Prediction for Today, September 28 – BAND Technical Analysis
BANDUSD – Every day Chart

BAND/USD is ranging because the coin strikes above the 9-day and 21-day shifting averages buying and selling round $0.158. In the meantime, the Band Protocol value might keep the upward motion if the patrons enhance the stress.

Band Protocol Value Prediction: Can BAND Decline Beneath $1.00 Degree

The Band Protocol value is shifting sideways, and with all indications, the coin is prone to comply with the uptrend if it crosses beneath the higher boundary of the channel. Nevertheless, the purple line of the 9-day MA is above the inexperienced line of the 21-day shifting common which might verify the upward motion. In the meantime, any bearish motion towards the decrease boundary of the channel might hit the helps at $0.90, $0.80, and $0.70.

Nevertheless, if the Band Protocol value continues with the bullish motion, it’s prone to hit the closest resistance at $1.20 and any additional bullish motion above this stage might find the subsequent resistance ranges at $1.35, $1.40, and $1.50. Equally, the technical indicator Relative Power Index (14) is shifting to cross into the overbought area, suggesting that extra bullish indicators might come to play out.

BAND/BTC Heads to the North

In opposition to Bitcoin, the Band Protocol value is shifting sideways because the coin trades at 4347 SAT above the 9-day and 21-day shifting averages. Wanting on the every day chart, if the coin could make a cross above the higher boundary of the channel, it might attain the closest resistance stage at 4500 SAT. Quite the opposite, if the market drops beneath the present market worth, the subsequent key assist might come at 3600 SAT and beneath.

Band Protocol Price Prediction for Today, September 28 – BAND Technical Analysis
BANDBTC – Every day Chart

On the bullish aspect, a doable rise might push the market above the channel which might hit the resistance stage of 5000 SAT and above. As revealed by the technical indicator, the Relative Power Index (14) is shifting bullishly because the sign line strikes to cross above the 70 stage.

Band Protocol Options

On the time of writing, the Band Protocol value faces the upside because the coin retains shifting above the 9-day and 21-day shifting averages. Nevertheless, the technical indicator Relative Power Index (14) is prone to cross above the 70-level, and there’s a larger chance that the BAND value might find the resistance stage of $1.20.

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