Nano Value Pumps Over +140% in Much less Than One Hour as XNO Buying and selling Quantity on Binance Skyrockets


Disclaimer: This isn’t funding recommendation. The knowledge offered is for common functions solely. No data, supplies, companies and different content material offered on this web page represent a solicitation, suggestion, endorsement, or any monetary, funding, or different recommendation. Search impartial skilled session within the type of authorized, monetary, and monetary recommendation earlier than making any funding choice.

  • Nano is up 139.19% right now towards the US Greenback
  • The sudden parabolic transfer by XNO follows an enormous improve within the token’s buying and selling quantity on Binance
  • XNO/BTC elevated by 135.56% right now
  • XNO/ETH elevated by 133.06% right now
  • Nano is at the moment buying and selling 2.42% under our prediction on Nov 28, 2022
  • Nano gained 84.01% within the final month and is down -75.20% since 1 12 months in the past

Nano (XNO), a decentralized peer-to-peer cryptocurrency system that’s designed to facilitate extremely environment friendly and quick on-chain transactions, noticed an enormous transfer to the highest within the final couple of hours. XNO’s worth elevated from $0.626 to $1.506 – a +141% improve – within the span of lower than one hour.

The transfer to the highest follows an enormous improve in Nano’s buying and selling quantity. Whereas the token’s each day buying and selling quantity by no means broke the $1 million mark previously month, the quantity exploded previous $34 million right now. XNO/USDT buying and selling pair on Binance accounted for the most important share of the full quantity, with a quantity of $22.3 million on the time of writing.

XNO worth is predicted to rise by 2.48% within the subsequent 5 days in accordance with our Nano worth prediction

is buying and selling at $ 1.32 after gaining 139.19% within the final 24 hours. The coin outperformed the cryptocurrency market, as the full crypto market cap elevated by 137.94% in the identical time interval. XNO carried out properly towards BTC right now and recorded a 135.56% acquire towards the world’s largest cryptocurrency.

In keeping with our Nano worth prediction, XNO is predicted to succeed in a worth of $ 1.36 by Nov 28, 2022. This is able to symbolize a 2.48% worth improve for XNO within the subsequent 5 days.

XNO Value Prediction Chart

Purchase/Promote Nano

What has been happening with Nano within the final 30 days

Nano has been displaying a optimistic development just lately, because the coin gained 84.01% within the final 30-days. The medium-term development for Nano has been bullish, with XNO rising by 37.49% within the final 3 months. The long-term image for Nano has been destructive, as XNO is at the moment displaying a -75.20% 1-year worth change. On at the present time final 12 months, XNO was buying and selling at $ 5.33.

Nano reached its all-time excessive worth on Jan 02, 2018, when the worth of XNO peaked at $ 37.62. The present XNO cycle excessive is $ 17.64, whereas the cycle low is at $ 0.284946. XNO has been displaying excessive volatility just lately – the 1-month volatility of the coin is at 11.24. Nano recorded 13 inexperienced days within the final 30 days.

Nano technical evaluation for right now – Nov 23, 2022

The sentiment within the Nano markets is at the moment Impartial, and the Concern & Greed index is studying Excessive Concern. Crucial help ranges to look at are $ 0.546314, $ 0.516367 and $ 0.500583, whereas $ 0.592045, $ 0.607829 and $ 0.637776 are the important thing resistance ranges.

Impartial sentiment for Nano

21 indicators are at the moment signaling a bullish prediction for Nano, whereas 8 indicators are displaying a bearish forecast. With 72% of indicators favoring a optimistic prediction. This leads to an total Impartial sentiment for Nano.

Crypto market is at the moment experiencing Excessive Concern

At the moment, the Concern & Greed index is at 22 (Excessive Concern), which indicators that buyers have a destructive outlook in the marketplace. The Concern & Greed index is a measure of sentiment amongst cryptocurrency buyers. A “Greed” studying means that buyers are at the moment optimistic in regards to the cryptocurrency market, however may also be a sign that the market is overvalued. A “Concern” studying, however, indicators that buyers are at the moment hesitant in regards to the cryptocurrency market, which probably represents a shopping for alternative.

Nano transferring averages & oscillators

Let’s check out what among the most vital technical indicators are signaling. We’ll be going by key transferring averages and oscillators that can permit us to get a greater concept of how Nano is positioned available in the market proper now.

The Relative Energy Index (RSI 14) is a broadly used indicator that helps inform buyers whether or not an asset is at the moment overbought or oversold. The RSI 14 for Nano is at 34.40, suggesting that XNO is at the moment impartial.

The 50-day Easy Shifting Common (SMA 50) takes into consideration the closing worth of Nano over the past 50 days. At the moment, Nano is buying and selling under the SMA 50 trendline, which is a bearish sign.

In the meantime, the 200-day Easy Shifting Common (SMA 200) is a long-term trendline that’s calculated by taking a mean of the XNO closing worth for the final 200 days. XNO is now buying and selling under the SMA 200, signaling that the market is at the moment bearish.

The underside line about this Nano prediction

After contemplating the above elements, we will conclude that the present forecast for Nano worth prediction is Impartial. XNO must improve by 2.48% to hit our $ 1.36 goal throughout the subsequent 5 days. Shifting ahead, it will likely be vital to watch the XNO market sentiment, the important thing help and resistance ranges, and different metrics. Nonetheless, we’ve to remember the fact that the cryptocurrency markets are unpredictable, and even the most important crypto property show loads of worth volatility. For long-term Nano worth predictions click on right here.

Disclaimer: This isn’t funding recommendation. The knowledge offered is for common functions solely. No data, supplies, companies and different content material offered on this web page represent a solicitation, suggestion, endorsement, or any monetary, funding, or different recommendation. Search impartial skilled session within the type of authorized, monetary, and monetary recommendation earlier than making any funding choice.



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