Keep Network Price Prediction 2021 – Will KEEP Hit $0.7 Soon?
- Bullish KEEP price prediction ranges from $0.52 to $0.64.
- KEEP price might also reach $0.7 soon.
- KEEP bearish market price prediction for 2021 is $0.26.
InKeep Network (KEEP) price prediction 2021, we use statistics, price patterns, RSI, and much other information about KEEP to analyze the future movement of the cryptocurrency.
Keep Network is software aiming to incentivize a global network of computers to store private information that can be utilized on public blockchains through smart contracts. The Keep Network is made of OFF-chain containers for private data known as Keeps. Keep Network native token ins KEEP, with dividends and a slashing model.
According to CoinGecko, Keep Network (KEEP) price is trading at $0.3883 with a 24-hour trading volume of $32,020,251, at the time of writing. However, KEEP has decreased by 0.25% in the last 24 hours.
Moreover, KEEP has a circulating supply of 575,028,267.60 KEEP. Currently, KEEP trades in cryptocurrency exchanges such as Binance, HitBTC, ZT, Coinbase Exchange, and Gate.io.
Keep Network (KEEP) Price Prediction 2021
Keep Network (KEEP) holds the 245th position on CoinGecko right now. KEEP price prediction 2021 explained below with a daily time frame.
Ascending channel pattern is designed from two uptrend lines drawn above and below a price representing resistance and support level. An ascending channel pattern is the opposite of the descending channel. A break out above the upper trend line generates a strong buy signal, while a break down below the lower trend line generates a strong sell sign. Ascending channels oftenmerge within an overall downtrend in prices and represent neither a continuation of the trend nor a reversal of the trend.
In the daily time frame chart, it is possible for the KEEP to reach $0.64 if the bull trend continues. Or else, if the price of the KEEP breaks the resistance level of $0.52, it will fall to the next support level at $0.38. So, the trend of the KEEP is based on the breakout.
Keep Network (KEEP) Support and Resistance Level
The below chart shows the support and resistance level of KEEP.
From the above daily time frames, it is clear the following are the resistance and support levels of KEEP.
- Resistance Level 1 – $0.52
- Resistance Level 2 – $0.64
- Support Level 1 – $0.38
- Support Level 2 – $0.33
- Support Level 3 – $0.26
The charts show that KEEP has performed a bullish trend over the past month. If this trend continues, KEEP might run along with the bulls overtaking its resistance level at $0.64.
Conversely, if the investors turn against the crypto, the price of KEEP might plummet to almost $0.26, a bearish signal.
Keep Network (KEEP) Average Directional Index (ADX)
Now let’s look at the average directional index (ADX) of KEEP. Generally, the Average Direction Index (ADX) helps traders determine the strength of a trend, rather than its actual direction. It can used to determine whether the market is changing or a new trend is starting. It is associated with the Directional Movement Index (DMI) and basically includes the ADX line.
The range of the oscillator is from 0 to 100. A high value indicates a strong trend, and a low value indicates a weak trend. It is often combined with directional indicators.
The above chart shows the ADX of KEEP stays above the range of 46, so it indicates a strong trend.
Conclusion
KEEP is one of the cryptos that keeps its ground against the bearish market. Furthermore, our long-term KEEP price prediction for 2021 is bullish. It has a huge possibility of overtaking its current all-time-high (ATH) of $6.10 this year. However, this will only happen if it breaks many past psychological resistances.
Furthermore, with the ongoing developments and upgrades within the KEEP ecosystem, it could experience a great future ahead in 2021. It may reach $0.64 soon and it might even reach high heights, however reaching $0.7, if investors have planned that KEEP is a good investment in 2021.
Disclaimer: The opinion expressed in this chart solely author’s. It does not interpreted as investment advice. TheNewsCrypto team encourages all to do their own research before investing.
The post has appeared first on thenewscrypto.com
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Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
