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Band Protocol Technical Analysis: BAND/USD touches $8 briefly after listing on Coinbase

FX Street
Updated:
  • The interest in DeFi is still extremely high as most projects are experiencing significant price surges.
  • BAND/USD has hit a new all-time high at $8 after getting listed on Coinbase.

Band Protocol, one of the best performing altcoins and DeFi projects in 2020 has seen another massive 50% breakout after Coinbase Pro announced it will be listed on the exchange on August 11. BAND is currently trading at $7.71 after a brief pullback but the bullish momentum is still strong. 

BAND/USD daily chart

BANDUSD

BAND is obviously facing very little resistance as it is hitting new all-time highs. The trading volume has been increasing in the past three days, especially after the announcement from Coinbase’s listing.

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