Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»BITCOIN NEWS»Band Protocol Price Prediction for Today, December 31 – BAND Technical Analysis
BITCOIN NEWS

Band Protocol Price Prediction for Today, December 31 – BAND Technical Analysis

By Crypto FlexsJanuary 1, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Band Protocol Price Prediction for Today, December 31 – BAND Technical Analysis
Share
Facebook Twitter LinkedIn Pinterest Email

join us telegram A channel to stay up to date on breaking news coverage

The Band Protocol price prediction shows BAND showing strength with a 6.10% gain as the coin prepares to cross the channel.

Band Protocol Forecast Statistical Data:

  • Current Band Protocol Price – $2.05
  • Band Protocol market capitalization – $300 million
  • Band Protocol Circulation Volume – 137.4 million
  • Band Protocol total supply – 141.8 million
  • Band Protocol CoinMarketCap Ranking – 178th

BAND/USD Market

Main level:

Resistance levels: $2.40, $2.50, $2.60

Support levels: $1.70, $1.60, $1.50

Band Protocol Price Prediction for Today, December 31 – BAND Technical Analysis
BANDUSD – daily chart

BAND/USD is crossing the upper boundary of the channel as the coin prepares for an uptrend with a 6.10% gain. According to the daily chart, the candle formation could continue the upward trend, but a slide below the moving average would position the market price south, with the nearest support near $1.95.

Band Protocol Price Prediction: Band Protocol Price Could Return to the Bulls

Band Protocol price is headed to the upside as a rise above the channel could trigger intense buying towards the resistance levels of $2.40, $2.50, and $2.60. Conversely, Band Protocol price is likely to maintain its current market value of $2.05 before heading towards the nearest support level of $1.80. So, if Band Protocol price falls below this support, it is likely to hit the nearest support at $1.70.

Meanwhile, if sellers return to the market, subsequent important supports could be located at the $1.70, $1.60, and $1.50 levels. However, the 9-day moving average remains above the 21-day moving average, showing that the market could rise further if bulls increase buying pressure.

BAND/BTC consolidates in an upward trend

Band Protocol price versus Bitcoin is hovering above its 9-day and 21-day moving averages. Meanwhile, if the coin continues to rise, the nearest resistance level could be above 6000 SAT as technical indicators point to an uptrend.

Band Protocol Price Prediction for Today, December 31 – BAND Technical AnalysisBand Protocol Price Prediction for Today, December 31 – BAND Technical Analysis
BANDBTC – Daily Chart

Looking at the cons; If the coin slips below the 9-day moving average and heads towards the lower boundary of the channel, the nearest support level could be located at 4500 SAT. Therefore, if the price falls further and forms a new low, support may be found below 4000 SAT. On the other hand, if the 9-day MA remains above the 21-day MA, this could mean that the market could be trading bullishly.

Alternatives to Band Protocol

Band Protocol price traded above the 9-day and 21-day moving averages and reached the resistance level of $2.24. If the price crosses the upper boundary of the channel, the coin may continue to rise. Meanwhile, Band Protocol may end today on a better note as the price could make a bullish crossover above the channel.

While Band Protocol ranks 178th on CoinMarketCap with a valuation of $300 million, its recently launched BTCMTX token distinguishes itself through its pioneering approach to meme creation that integrates sophisticated AI technology and tokenized credit mechanisms. With a successful pre-sale that generated $7 million, BTCMTX emerges as an attractive investment prospect given its groundbreaking nature.

A new cryptocurrency mining platform – Bitcoin Minetrix

Bitcoin MinetrixBitcoin Minetrix
  • Thanks to Coinsult
  • Decentralized, secure cloud mining
  • Get free Bitcoin every day
  • Native token currently in pre-sale – BTCMTX
  • Staking Rewards – APY 100% or more

Bitcoin MinetrixBitcoin Minetrix


join us telegram A channel to stay up to date on breaking news coverage

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin Is An Unreplicable Lifeline In Authoritarian Regimes

June 6, 2025

South Africa central bank insists on the ‘old -fashioned’ exchange control law, which is still valid for encryption regulations.

June 5, 2025

Price prediction of BTC, ETH, XRP, BNB, SOL, DOGE, ADA, Sui, Hype, Link

June 4, 2025
Add A Comment

Comments are closed.

Recent Posts

Is the trump Fuel Fuel Dogecoin in ELON Musk less than $ 0.10?

June 6, 2025

The HBAR price aims for $ 0.40 when a big decision of the SEC comes.

June 6, 2025

Why is the ecosystem of the SEI network boom in the second quarter?

June 6, 2025

Why is the ecosystem of the SEI network boom in the second quarter?

June 6, 2025

Start BTC, DOGE and ETH mining today!

June 6, 2025

AI increases artistry as an innovative creation at NVIDIA GTC Paris.

June 6, 2025

JPMORGAN accepts Bitcoin ETF with loan collateral: How investors can benefit

June 6, 2025

NVIDIA’s BLACKWELL Architecture MLPERF has set up new performance standards.

June 6, 2025

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025

Bitfinex updates version 1.116 improved platforms

June 6, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Is the trump Fuel Fuel Dogecoin in ELON Musk less than $ 0.10?

June 6, 2025

The HBAR price aims for $ 0.40 when a big decision of the SEC comes.

June 6, 2025

Why is the ecosystem of the SEI network boom in the second quarter?

June 6, 2025
Most Popular

Meet the team at the Devcon Impact Forum

October 26, 2024

The ETH price outlook is faint as Ethereum DEX volume decreases 34% a week.

March 19, 2025

Custodial vs. non-custodial wallets – which should you choose?

November 29, 2023
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.