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The API3 price forecast shows that the coin is higher than its moving average, growing by 11.27% in the last 24 hours.
API3 Forecast Statistics Data:
- API3 price now – $1.77
- API3 market value – 103.3 million dollars
- API3 circulation supply – 56.5 million
- API3 total supply – 113.9 million
- API3 Coinmarketcap Rank – #180
API3/USD market
Key steps:
Resistance levels: $2.20, $2.30, $2.40
Support levels: $1.30, $1.20, $1.10
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API3/USD is trading above the $1.75 resistance level as the coin heads higher. The $1.80 resistance level could be further tested. However, if the market price crosses below the 9-day and 21-day moving averages, traders can expect the market price to break below, and this may hit the critical support levels of $1.30, $1.20 and $1.10.
API3 may follow upward movement, TAMA to the moon!
As per the daily chart, the API3 price is hovering around $1.77 in strong bullish activity above the moving averages. However, if the bulls apply more pressure, and the market price may head towards the upper border of the channel, to hit the resistance levels at $2.20, $2.30 and $2.40.
However, the relative strength indicator (14) of the technical indicator has started to recover from the cold when the signal line moved to cross above the 50-level. Meanwhile, the bulls may take notice if there is a big upside divergence in the market.
On Bitcoin, API3 price is trading significantly above the 9-day and 21-day moving averages. However, the coin is now moving in the channel as the buyers dominate the market. Starting from the top, if the bulls can push the coin to the upper limit of the channel, traders can expect initial resistance at 1000 SAT.
Hence, any further bullish move is likely to hit the high resistance level at 1200 SAT and above. Alternatively, if the sellers push the market below the lower boundary of the channel, API3/BTC may hit critical support at 700 SAT and below. Meanwhile, the relative strength index (14) crosses above the 60-level to follow an uptrend.
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Related:
• How to buy Tamagoge
• Visit the Tamadoge website
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