TheCoinRepublic

predictions are XNO may reach $5.0 in the coming few weeks

Long
KRAKEN:NANOUSD   Nano / U. S. Dollar
Nano Coin broke the descending parallel channel , and found a pole and flag formation during an uptrend.
Nano Coin investors are targeting the $5.0 level as per the price forecast in the next few weeks.
The XNO price is approaching the 100-day moving average in the day time frame.

The 100-day moving average is acting as a significant bullish barrier for XNO buyers. The bulls are still expecting a bullish move above the 20 and 50 EMAs on the daily price chart.

Daily RSI is at 64-mark, it is looking bullish to acquire overbought areas. In addition, the semi-line (50-point), can act as a support.

After noticing the pole and flag pattern , XNO holders can keep the coin's value higher for stronger ROI . Still, the bulls need to manage the Nano coin above the 100-EMA .

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.