#ANKR
ANKR is currently trading at around 0.016 USD and is showing a slight consolidation with a bearish bias in the short term. The support zone is at 0.0158 USD, which has been tested recently but has held so far. The next resistance is around 0.0164 USD to 0.0170 USD.
The MACD indicator currently shows bearish momentum with a recent cross below the signal line, indicating selling pressure in the short term. However, the RSI is around 55, neutral, and signals that there is still room for upward movements.
Trading volume remains stable, indicating investor interest. Investors and traders should closely monitor the support at 0.0158 USD, as a break could generate further selling pressure. A breakout above 0.0164 USD opens up opportunities for a recovery towards 0.0175 USD.
In the short term, caution is advised, while in the medium term, the potential for a recovery of the ANKR token remains, especially if the overall market environment becomes bullish again.👇🏽