ETNBTC Price Analysis – July 12
The coins prediction is positive as it awaits the technical inflows for the push upwards from the crypto sphere, as it recovers towards major zone on the level at 0.00000099.
Supply Levels: 0.00000034, 0.00000038, 0.00000046
Demand Levels: 0.00000099, 0.00000074, 0.00000057
ETNBTC Long term Trend: Ranging
After the prior days trading activity, ETNBTC has no major change in its volatility and trend, while the pair stays stuck to the key level at 0.00000046.
However, we could see a breakout in the near term to either side of the pair as it stays on the downside but the trend is ranging on the ETNBTC for now.
ETNBTC Short Term Trend: Ranging
The ETNBTC is trading in a horizontal structure on the key level at 0.00000046 which may later turn to become the critical supply zone or demand zone where market sentiment drives the price for the participants to action.
Although on the break downwards of the horizontal level at 0.00000046 will see the price test the supply zone on the level at 0.00000038 and while the break upwards will see the test of the demand zone on the level at 0.00000057, as for now, the trend is ranging.
Note: Dapplife.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results