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

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 .


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