ANKRUSDT: Breakout in process, Accumulate!!
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Hello everyone,
I'm curating a list of promising projects to hold for the upcoming bull run.
1. FETUSDT (already posted)
2. ONDOUSDT (already posted)
3. AAVEUSDT (already posted)
4. ANKRUSDT
Let's analyse ANKRUSDT both fundamentally and technically.
FUNDAMENTAL ANALYSIS:
ANKR is a leading decentralized infrastructure provider, offering a global network of nodes across 50+ Proof-of-Stake blockchains. This robust network supports the growth of the crypto economy and provides essential tools for Web3 developers and users. ANKR's offerings include ANKR Build for developers, ANKR Earn for yield-earning opportunities, and ANKR Learn for educational resources. With ANKR, businesses and individuals can easily access and utilize blockchain technology to power their projects and innovations.
TECHNICAL ANALYSIS:
ANKR is currently trading within a symmetrical triangle pattern, suggesting a potential breakout. The price has been forming higher highs and higher lows on a weekly timeframe, reinforcing the bullish tendency.
Technical indicators also support a bullish scenario:
Bullish Divergence: A bullish divergence on the RSI indicates a potential reversal from oversold conditions.
MACD: A bullish crossover on the MACD suggests a strengthening uptrend.
Buying Levels:
$0.02154 to $0.02460 (DCA)
Target Levels:
$0.02896
$0.03292
$0.04577
$0.05414
$0.06403
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
In-depth market analysis
Accurate trade setups
Early access to trending altcoins
Life-changing profit potential
Hello everyone,
I'm curating a list of promising projects to hold for the upcoming bull run.
1. FETUSDT (already posted)
2. ONDOUSDT (already posted)
3. AAVEUSDT (already posted)
4. ANKRUSDT
Let's analyse ANKRUSDT both fundamentally and technically.
FUNDAMENTAL ANALYSIS:
ANKR is a leading decentralized infrastructure provider, offering a global network of nodes across 50+ Proof-of-Stake blockchains. This robust network supports the growth of the crypto economy and provides essential tools for Web3 developers and users. ANKR's offerings include ANKR Build for developers, ANKR Earn for yield-earning opportunities, and ANKR Learn for educational resources. With ANKR, businesses and individuals can easily access and utilize blockchain technology to power their projects and innovations.
TECHNICAL ANALYSIS:
ANKR is currently trading within a symmetrical triangle pattern, suggesting a potential breakout. The price has been forming higher highs and higher lows on a weekly timeframe, reinforcing the bullish tendency.
Technical indicators also support a bullish scenario:
Bullish Divergence: A bullish divergence on the RSI indicates a potential reversal from oversold conditions.
MACD: A bullish crossover on the MACD suggests a strengthening uptrend.
Buying Levels:
$0.02154 to $0.02460 (DCA)
Target Levels:
$0.02896
$0.03292
$0.04577
$0.05414
$0.06403
If you find this analysis helpful, please hit the like button to support my content! Share your thoughts in the comments and feel free to request any specific chart analysis you’d like to see.
Happy Trading!!
Note
20% up from our entry!!
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