2021-07-29 10:23:49
Band Protocol (BANDUSD) Continues Zigzagging Below the $6.900 Resistance Zone
Market Analysis – BAND Zigzagging Movement Continues as Price Aims for $6.900 Again
BAND continues zigzagging after bouncing up from $4.200. This is the second time that the coin has bounced off this support level to push higher. The first instance came after price fell off its support at $6.900 on the 18th of June 2021. It slumped and fell directly to the $4.200 support. At this level, buyers instantly started pumping the market. They did this consistently till their power became futile when trying to break back above the $6.900 resistance zone.
BANDUSD Key Levels
Resistance Levels: $6.350, $6.900, $7.900
Support Levels: $5.000, $4.200, $3.800
After seven days of laying a siege below the $6.900 resistance, the coin began a decline. The price drop took it directly back to $4.200. Just as in…
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