Band Protocol price is bounded inside an ascending triangle pattern on the 12-hour chart. The digital asset is close to a potential breakout or breakdown. Band Protocol has been trading relatively sideways in the past week awaiting a clear breakout or breakdown from an ascending triangle pattern on the 12-hour chart. The digital asset should see a clear way within the next week. Band Protocol price in a do-or-die scenario BAND has established an ascending triangle pattern on the 12-hour chart and it is trading right in the middle of it. The upper trendline resistance level at $7.4 has proven to be a tough bone to chew for the bulls in the past. BAND/USD 12-hour chart Currently, Band Protocol price is above the 50-SMA and the 100-SMA, which gives the bulls better odds for a breakout. Cracking the critical resistance level at $7.4 would push BAND towards $11. On the other hand, a breakdown below the 50-SMA at $6.53 would be a bearish sign with the potential to push BAND towards the lower trendline of the ascending triangle. A breakdown below this point can drive Band Protocol price towards $3.4. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next EUR/USD Price Analysis: Conflicting weekly and daily outlook, bulls in driving seat FX Street 2 years Band Protocol price is bounded inside an ascending triangle pattern on the 12-hour chart. The digital asset is close to a potential breakout or breakdown. Band Protocol has been trading relatively sideways in the past week awaiting a clear breakout or breakdown from an ascending triangle pattern on the 12-hour chart. The digital asset should see a clear way within the next week. Band Protocol price in a do-or-die scenario BAND has established an ascending triangle pattern on the 12-hour chart and it is trading right in the middle of it. The upper trendline resistance level at $7.4 has proven… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
