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Anchor Protocol(ANC) Technical Analysis: ANC Price Eye’s at 18% Upswing This Week!

Crypto Price Prediction



The asset maintained a descending trend ever since it smashed its highs close to $6. Currently, it traded within a strong bearish trend throughout the previous day’s trade to hit the bottom levels around $2.66. However, as the end of the day’s trade approached, the asset flipped hard and ignited a decent uptrend which continued until the press time.

Despite a notable selling volume, the asset maintained a significant uptrend and hence it appears that the bears may not impact the rally to a large extent. Therefore, the ANC price may continue rising high, nullifying the bearish accumulation and regaining the levels above $3 to end the day’s trade.

Additional Read: Anchor Protocol Price Prediction


Source: Tradingview

Click here to read detailed technical analysis of Anchor Protocol 

Read detailed price prediction of trending coins on CoinDCX Crypto Technical Analysis Section

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