Bancor Price Analysis: BNT Surges 15% in 24 Hours Despite Bitcoin’s Latest Drop

Meanwhile, this positive move was led by a three-day 35% surge, which made the 77th largest cryptocurrency by market cap to resume bullish movements above the crucial resistance level at 10000 SAT. As mentioned above, the orange trend is likely to produce a rebound if the price drops below the current holding level of 11640 SAT.

The closest support to watch beneath this trend line is 9750 SAT (the weekly breakout level) in case of a breakdown. On the upside, buyers would need to clear the daily high of 13848 SAT level before advancing higher to 15000 SAT in the next few days.

Timeline of Bancor