Price Analysis: BAND dips to $5.20 after altcoin sell-off
coinjournal.net
Band Protocols’ token BAND has flashed a sell signal on the daily chart to suggest sell-off pressure could push its price to $3.89
Cross-chain oracle platform Band Protocol’s token BAND is trading lower as widespread crypto sell-off bleeds most altcoins. The sell-off currently sees Band Protocol’s price printing the third straight red candle on the daily time-frame.
The negative outlook is even more ominous for Band Protocol bulls given the sell signal formed on the daily chart. The last time the daily chart flashed the nine green candle, the token’s price crashed from highs of $17.00 to $8.00.
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BAND |
$ 2.206
|