ANKRUSDT
Will #ANKR See Another Bullish Push From the Bulls? Key LevelsYello, Paradisers! Is #ANKRUSDT poised for a breakout, or are we heading deeper? Let’s break down this critical setup for #Ankr:
💎#ANKR has been trading within a descending channel on the 4-hour chart. The price is approaching the descending resistance of this channel and the next few candles will determine whether bulls are ready to take control.
💎For #ANKRUSD to confirm a breakout, it must decisively close above the $0.0406 resistance level. This would open the door to a rally towards the major resistance zone at $0.0485, where sellers may return in force. A strong breakout here could fuel momentum for further upside, potentially targeting even higher levels.
💎If buyers push the price above $0.0485, it will signify a major shift in market sentiment, and we could see #ANKR head toward $0.0580 or higher. To confirm this breakout, you need to watch for increased trading volume and strong bullish candles. Without these signals, any upward move risks being a fakeout.
💎On the flip side, failure to break the descending resistance could lead to a pullback toward the $0.03307 support level. If this support doesn't hold, the price may retest the demand zone at $0.02776.
💎A 4-hour candle close below $0.02776 would invalidate the bullish setup and could trigger a sharp decline toward $0.02500 or even lower. Traders should exercise caution if this scenario unfolds.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
TradeCityPro | ANKR: Weekly Long-Term Box and Gradual Channel👋 Welcome to TradeCityPro!
In this analysis, I will examine the ANKR coin, which is part of the infrastructure for Web3 and other blockchain projects, with significant partners like Binance and Polygon.
📅 Weekly Timeframe: Long-Term Box with a Slight Incline Channel I will perform this analysis mainly using Fibonacci levels to identify crucial areas. In this timeframe, we can see the price movement from the previous alt season, which had significant growth followed by a decline after breaking the 0.236 Fibonacci level, correcting down to the 0.5 Fibonacci level.
🔍 The support at $0.01728, which coincides with this Fibonacci level, is currently the most crucial support on this chart. Since the price bottomed out in this area, we have seen a very gently sloping upward channel that has reacted three times and had one fake break above the ceiling before returning to the box.
📊 Given the greater ratio of buying to selling volume, I see a higher likelihood of the channel breaking upwards and the price increasing. The RSI has also risen from the 50 level, which could generate bullish momentum. The current main ceiling appears to be $0.06131, which coincides with the 0.236 Fibonacci level and represents a strong resistance.
📈 If the price rises and breaks through $0.06131, the next resistance will be at $0.19012, which is the all-time high (ATH) for the price. I will determine higher targets using Fibonacci extensions.
🔽 In a bearish scenario, the first support is the dynamic floor of the channel. If this support breaks, the primary supports at $0.02223 and $0.01728 are very important levels, and reaching any of these supports could introduce bullish momentum into the market and prevent further declines. If these supports break, the next support will be at the 0.618 Fibonacci level.
✨ Moving on to finding targets based on Fibonacci, as you've seen, the price has corrected to the 0.5 Fibonacci retracement and has good momentum for continuing the upward move. According to Fibonacci rules, when a price corrects to 0.5, the likelihood of moving to the previous high with a break increases.
🧩 The previous price peak is at $0.19418, which coincides with the 0.5 Fibonacci extension. From a market cap perspective, this coin's price could move up to $0.34361. Therefore, we can consider logical targets between $0.19418 and $0.34361. Although the target box size is large and nearly 100% different, this is a weekly trend, and this target is approximate; we must wait for the price reaction to this range to find a more precise target.
🚀 I believe this range is a logical target for this coin, but if the market cap of the project increases and it becomes one of the more significant cryptocurrencies, the price could potentially move to the 1 or even 1.272 Fibonacci points.
📝 Final Thoughts
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
ANKR is about To do a Bullish movementAs you can see, the price has broken this triangle, and if we follow the Fibonacci strategy, considering that the bullish market cycle has just started, we can expect the price to rise to 0.618.
Give me some energy !!
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
#ANKRUSDT Ready for a Major Move After the Breakout | Watch OutYello, Paradisers! Are we about to witness a game-changing move for #ANKR? Let's discuss latest analysis of #ANKRUSDT:
💎After 4-5 months of grinding through a downtrend, #Ankr has finally broken out of a descending channel, thanks to a solid push from the bullish order block (OB) at $0.023. While this could mark a potential turning point, we’re not in the clear just yet.
💎For this rally to truly gather momentum, #ANKR must break above the critical Bearish OB between $0.031-$0.033, which previously acted as support. If bulls can push it past this level, we could see a stronger move toward the next significant resistance, driven by rising volume and the support of the 20EMA, signaling bulls might be taking charge.
💎However, if this momentum stalls, watch for a pullback to retest the breakout zone around $0.023. A failure to hold this support could trigger a move back to the lower demand zone at $0.0196.
💎A break below $0.0196 would shift control back to the bears, likely leading to a deeper correction and dashing hopes of a bullish recovery in the short term.
Stay focused, patient, and disciplined, Paradisers🥂
MyCryptoParadise
iFeel the success🌴
#ANKR 1D: Potential 2x-5x Move. 11/27/24Ankr leverages shared resources to provide simple and affordable blockchain node hosting solutions. Founded in November 2017, it has developed a marketplace for container-based cloud services by utilizing shared resources.
The project currently has a market capitalization of about $400 million. All tokens are already in circulation with no further issuance planned, signaling potential for future growth.
I will be accumulating from current levels and adding 2-3 pending orders down to $0.03350 (if it even gets there, which I personally doubt). Targets are indicated on the chart. Potential movement ranges from 2x to 5x from current levels.
(Update) !!! ANKR Analysis : Bull or Bear ? (READ)ANKRUSDT is forming a falling wedge on Daily timeframe , Up we go if we do breakout.
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
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✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
ANKR can ascend further ! What Shall we Expect ?BINANCE:ANKRUSDT is in the ascending phase by the cup and handle.
ANKRis in a large C&H if it follows these pattern, the price will have a nice rally.
⭐The pattern increases the price by the amount of the measured price movement (AB=CD).
✨Traders, if you liked this idea or have your opinion on it, write in the comments, We will be glad.
_ _ _ _ __ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Ankr Network / ANKR & Microsoft Microsoft partnered with web3 infrastructure provider Ankr to offer a node service for enterprises in need of blockchain data access.
The two firms will work together on a new node hosting service in Microsoft's Azure cloud marketplace, with tailored memory and bandwidth specifications for blockchain nodes.
The enterprise node deployment service would enable web3 projects or developers to deploy smart contracts, relay transactions and read or write blockchain data, according to a company release.
"Our partnership with Ankr will enable developers and organizations to access blockchain data in a reliable and secure way as they explore how web3 can address real-world business challenges," said Rashmi Misra, Microsoft's general manager for AI and emerging technologies in the release. "Together, we are building a robust web3 infrastructure layer."
The price of Ankr Network is $0.049 today with a 24hour trading volume of 250 million dollar. This represents a 50% price increase in the last 24 hours and a 80% price increase in the past 7 days.
next targets are 0.055, 0.059 and 0.065$. don't forget a good stop loss too
ANKR/USDT upward momentum from demand? 👀🚀ANKR analysis💎 Paradisers! Keep an eye on #ANKRUSDT, as it's showing strong signs of a bullish continuation from its current demand zone.
💎 Through careful tracking of its price action, SEED_DONKEYDAN_MARKET_CAP:ANKR has broken above its descending resistance and now appears set for an upward trajectory from the demand zone at $0.04704. If this momentum continues, we expect a vigorous bullish drive toward the supply area at $0.05604, although initial resistance might be encountered which could catalyze a significant upward movement.
💎 Additionally, it's crucial to observe the diminishing intensity of rejections at this demand level, hinting at a possible easing. Should this level give way, we're positioned to capitalize on a bullish rebound from the lower support at $0.04100. Given the substantial liquidity at this level, #ANKR is poised for a potent bullish recovery. However, a breach below this Order Block could lead to a notable decline in price.
MyCryptoParadise
iFeel the success🌴
ANKR / ANKRUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
ANKR - The Plan Is Set And ReadyThings on ANKR are looking up since BTC reclaimed the Monday Low ✅
()
ANKR is showing promising signs with a breakout from its High Volume Node (HVN) following what might have been the close of a wave 2 at around the 61.8% Fibonacci retracement level. Ideally, we should now aim to surpass the Monday High and break through the 2-hour Supply level, pushing past the Low Volume Node (LVN). We would look to place bids on the retest in this scenario.
For the moment, I'm just keeping an eye on the markets 👀.
ANKR/USDT upward trajectory what next? 👀🚀ANKR Today analysis💎 Paradisers, the #ANKRUSDT pair has captured our attention with its intriguing dynamics. Currently, it hovers near a crucial demand zone, hinting at a high probability of a bullish trajectory.
💎 Recent Developments: #ANKR diligently traces both high and low trajectories. We’ve identified an SPA pattern formation since the price broke the previous low, and there’s a likelihood of retracing back to fill the gap above. If the price sustains momentum at the $0.03777 level, it raises the probability of bullish horizons targeting the MTF resistance level.
💎 However, should #ANKR lose this momentum, we can anticipate a bullish rebound from the MTF support at $0.03226. The juicy liquidity at this level further strengthens the bullish scenario. Be aware that breaking below this demand level might signal a bearish downturn.
💎 As newcomers may be tempted to go long, it’s essential to stay vigilant and anticipate market movements. Being one step ahead can make all the difference!
MyCryptoParadise
iFeel the success🌴
ANKR/USDT bullish momentum? 👀🚀ANKR Analysis
💎 Attention, Paradiser’s!#ANKRUSDT pair has caught our eye with its intriguing dynamics. Currently, it’s hovering near a crucial weekly support zone, suggesting a high probability of a bullish trajectory.
💎 Recent Developments: #ANKR is diligently tracing both high and low trajectories. At present, it’s steadily maintaining momentum around the weekly support level of $0.05901. The upward thrust aims to breach the weekly resistance.
💎 Bullish Continuation: If #ANKR sustains this momentum, it could initiate a bullish trend from the demand level at $0. 04672.However, a break below this demand level might signal a bearish downturn.
💎 Remember, while some newcomers may be tempted to go long, it’s essential to stay vigilant and anticipate market moves. Being one step ahead can make all the difference!
MyCryptoParadise
iFeel the success🌴
ANKR going to launch to the 0.20 range... ANKR has extreme highs and lows every time BTC flinches 1 percent, we are on a 4 percent loss or gain. BTC gaining support throughout the 64k to 70k range.
ANKR day chart looking beautiful for a healthly month to two month trade. HODL.
I will update as I change position.
Like, Comment, and Ask. Happy gains mfs!
I am a contrary trader. HIGH ROLLIN'!
-Jasdabunny91