Keep Network and Orion Protocol prices are bottoming up, as respective technical analyses reveal. ORN/USDT could race back to $30. On the other hand, KEEP/USD stands to reach $0.80. Keep Network (KEEP) In the digital age, privacy is paramount. The Keep Network does this exemplary job using KEEP as the facilitating agent. Past Performance of KEEP From the KEEP technical analysis, prices are within a $0.06 range with intraday support and resistance at $0.49 and $0.56, respectively. Trading volumes are decent, slightly down on the last day to $2.6 million—decent liquidity for a gem that’s still under-explored by the mainstream. Day-Ahead and What to Expect The KEEP price is changing hands at $0.54 as of writing on Apr 28. While it is up seven percent on the last day, KEEP is paring losses versus the USD week-to-date. Still, the token is notably down against ETH in the same period—losing 12 percent. It is firm versus BTC week-to-date. The confirmation of the three-bar bullish reversal pattern of Apr 24 to 26 is what keeps KEEP bulls firm. KEEP Price Analysis KEEP prices are correcting after deep losses from mid-Apr 2021. Prices are bottoming up from the 61.8 percent Fibonacci retracement of the Q1 2021 trade range. Technically, traders can buy the dips targeting $0.78—Apr 2021 highs. Losses below $0.40 invalidate the bull trend. Orion Protocol (ORN) DEX liquidity is critical for successful DeFi as it forms a crucial cog in value flow. The Orion Protocol facilitates this, and ORN is its native currency. Past Performance of ORN ORN prices are in a tight $1 range, with critical levels over the last day being $13 and $14. In a close trading zone, participation is steady, adding four percent pushing trading volumes to $28.7 million. Day-Ahead and What to Expect From Orion Protocol technical analysis, the coin trades at $13 as of writing on Apr 28. It is outperforming the USD, BTC, and ETH on the last day. However, ETH bulls are still stronger week-to-date. Overly, ORN/USDT is bottoming up after losses tracing back to mid-Apr 2021. Notably, ORN/USDT prices are trading below the 20-day moving average. Therefore, for a buy trend continuation, a decisive breakout above $15 could see the token race towards 2021 highs of $30. ORN Price Forecast ORN buyers are picking up momentum. Reversal from $10 and around the 78.6 percent Fibonacci retracement level triggers participation. Accordingly, $10 is the primary support level. A close above $15 with increasing volumes may see ORN/USDT gliding to $30 as bulls of Q1 2021 flow back.
The post Keep Network (KEEP) and Orion Protocol (ORN) Technical Analysis: What to Expect? appeared first on Cryptoknowmics-Crypto News and Media Platform.
from Live Crypto News – Cryptoknowmics-Crypto News and Media Platform
