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2021-06-11

Keep Network (KEEP) and BadgerDAO (BADGER) Technical Analysis: What to Expect?

Keep Network (KEEP) and BadgerDAO (BADGER) Technical Analysis

BadgerDAO and Keep Network prices are looking up. KEEP/USD may surge towards $0.40 in confirmation of June 10 gains. On the other hand, BADGER/USDT is bullish above $10. Keep Network (KEEP) The platform enables users to store encrypted private data on a public blockchain. KEEP ensures the network operates trustlessly. Past Performance of KEEP Prices seem to be encouragingly bottoming up in the daily chart leads. Building on June 10 gains, KEEP prices are up 30 percent against the USD. At the same time, trading volumes are up 4.5X percent to $17.3 million. Day-Ahead and What to Expect The primary support lies at $0.20. Presently, KEEP/USDT prices are around the 78.6 percent Fibonacci retracement level of the last five months’ trade range. While KEEP is down over 65 percent, buyers stand a chance now that prices are in a bullish breakout pattern. KEEP/USD Technical Analysis There is a KEEP revival. The recent uptrend is with an uptick in trading volumes. Notably, KEEP prices are above the middle BB—a flexible resistance now support. Therefore, aggressive KEEP bulls may find loading opportunities, aiming at $0.40 and $0.80—in the medium term. Unexpected liquidation wiping out gains of June 9 and 10 invalidates the uptrend. BadgerDAO (BADGER) The project brings DeFi to Bitcoin using BADGER for governance. BadgerDAO boasts of two programs: Sett and DIGG. Past Performance of BADGER There are signs of rejuvenation, but sellers still have the upper hand. BADGER is weak as of writing, posting losses versus BTC, USD, and ETH. Accompanying the contraction in prices is low participation. Trading volumes are down to $13 million on the last trading day. Day-Ahead and What to Expect The middle BB is still the main resistance level. Encouragingly, there is a double bar bullish reversal pattern from the 20-day moving average inside the June 2 bull bar. If anything, this suggests possible demand provided $10 holds. BADGER/USDT Technical Analysis BADGER is trading below its listing price, bottoming up from 2021 pits. Safe sharp losses of May 19, BADGER/USDT prices are relatively stable in a bear pattern. Buyers may load the dips above the middle BB and $12, targeting May 19 highs of $24. If bears press lower, below $10, the uptrend will be null in a sell trend continuation pattern set in motion by May 19 draw-down.

The post Keep Network (KEEP) and BadgerDAO (BADGER) Technical Analysis: What to Expect? appeared first on Cryptoknowmics-Crypto News and Media Platform.



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