After experiencing a sharp drop in early June, the price of ANKR is currently rebounding.
The swing low occurred at $0.017, followed by a surge up to $0.029, marking a remarkable increase of +70%. As the price stabilizes, we anticipate a period of consolidation with potential support around the Fibonacci retracement level of approximately $0.023, indicating a trending market.
Furthermore, it appears that ANKR is forming an Inverted Head and Shoulders pattern, a bullish reversal pattern that suggests a potential booming phase.
This pattern, combined with recent fundamental news of ANKR partnering with Tencent, the largest entertainment and telecommunications company in China, raises expectations for future growth.
Be on the lookout for a strong price pump!
The swing low occurred at $0.017, followed by a surge up to $0.029, marking a remarkable increase of +70%. As the price stabilizes, we anticipate a period of consolidation with potential support around the Fibonacci retracement level of approximately $0.023, indicating a trending market.
Furthermore, it appears that ANKR is forming an Inverted Head and Shoulders pattern, a bullish reversal pattern that suggests a potential booming phase.
This pattern, combined with recent fundamental news of ANKR partnering with Tencent, the largest entertainment and telecommunications company in China, raises expectations for future growth.
Be on the lookout for a strong price pump!
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📈 Discover insights, share strategies, and connect with fellow traders. Click to join: bit.ly/3rmVr9b 💜💜💜
📈 Discover insights, share strategies, and connect with fellow traders. Click to join: bit.ly/3rmVr9b 💜💜💜
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.