BAND Crypto: One of the 3 Best-Performing Tokens of the Weekend

Crypto News – The cryptocurrency market experienced a significant increase during the weekend, which is ongoing today. This was especially notable in these three crypto gainers. The movements of the BAND crypto attracted particular attention.

BAND Crypto: One of the 3 Best-Performing Tokens of the Weekend

Stratis (STRAX), Band Protocol (BAND), and Bitcoin SV (BSV) are the weekend’s best crypto gainers. STRAX broke out from a horizontal resistance area, BAND broke out from a descending resistance trendline, while BSV is approaching a key resistance.

BAND Crypto Price Movements

Since its all-time high in April 2021, the BAND price has plummeted beneath a trendline of declining resistance. August saw a low of $0.85 as a result of the decline. After that, the price recovered, and last week it made a break from the trendline. The trendline has been in existence for 910 days as of the breakthrough.

The largest 24-hour gainer among the top 160 cryptocurrencies, ranked by market capitalization, is BAND, which is followed by STRAX. The $3.20 resistance level will be 130% above the current price if the increase keeps going. BAND, however, has the potential to decrease by 25% and confirm the declining resistance trendline at $1.15 if it is unable to maintain the advance.

STRAX Crypto Price Movements

Since falling to a low of $0.38 in September, the STRAX price has risen. A new yearly high of $1.22 was reached today as a result of the increase’s strong acceleration over the previous two weeks. A breakout and a closing above the $0.85 horizontal resistance region were also brought about by the upward advance. Anbesa100, a well-known cryptocurrency trader, accurately forecasted the current rise and breakout in the middle of September.

According to Santiment, during the uptick, the daily trading volume increased to a 7-month high. STRAX might rise by 27% and hit the nearest resistance at $1.40 if the bullish trend keeps on. A 25% decline to the $0.85 horizontal support region, however, can occur if momentum suddenly changes and a bearish candlestick forms.

BSV Crypto Price Movements

Since June, the price of BSV has risen together with a rising support trendline. More recently, on September 11 and October 9 (green icons), the price had a bounce at the trendline.

On October 16, the growth rate quickened. Currently, the BSV price is getting close to the $40 horizontal resistance zone. The region, which has been present since July, when paired with the rising support trendline, forms an ascending triangle. A gain of 50% to $55 is possible with a daily closing over the $40 resistance region.