$ANKR has experienced a price change of 2.722% in the last 24 hours, signifying a mild upward momentum.
The Bollinger Bands indicate a tightening range, with the upper band at 0.01445 and lower at 0.01403, showcasing potential volatility.
Current support sits at 0.01396, while resistance is at 0.01439, suggesting an important range for traders.
Given the overall market trend remains bullish, ANKR has a stronger upside outlook.
Macroeconomic factors, such as inflation data, are likely providing a supportive backdrop for cryptocurrencies, although Bitcoin's direct influence remains unclear.
Due to current volatility, a short-term trading strategy may be beneficial until price stability is established.
Key takeaway: Monitor the upper and lower Bollinger Bands closely; a breakout could signify further bullish opportunities for ANKR.
