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BNT Begins Price Hike as Bulls Eyeball the $1.50 Handle Next

  • Bancor has recently rebounded from support at $1.27 during October 2018 to where it is currently trading at $1.41.
  • For the past 2 months, the market has been trading within a wide range between $1.10 and $1.67.
  • Support moving forward: $1.39, $1.33, $1.27, $1.20, $1.15, $1.10, $1.00.
  • Resistance moving forward: $1.45, $1.50, $1.67, $1.77, $1.84, $1.95, $2.00, $2.07.

Bancor has witnessed a small 2.2% price increase over the previous 24-hour trading session. The cryptocurrency is presently trading at a price around $1.41 after witnessing a further 7.15% price hike over the past 7 trading days.

Bancor is ranked 70th in terms of overall market cap and currently holds a total market cap value of $91.14 million. The project has seen a turbulent 90-day trading period where price action has dropped a steep 22%.

The 17-month old coin is now exchanging hands at a price that is 86% lower than the all-time high price.

Let us continue to analyze Bancor over the long term and assess market…

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