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Price Analysis

Nano to be Dominated by Bears and may Find Support at $0.917

Nano (NANO) was priced as low as $0.86714328 on September 17, 2019. Then, the coin picked up its pace and reached as high as $0.96624540 the next day. At this level, Nano was unable to maintain its efficiency and began to drop. On September 19, the price of the coin reached $0.90199624. Although Nano has managed to rise upwards since past two days, the present trend indicates that prices may fall tomorrow.

Nano Price Analysis and Future Forecast:

Nano Price
Nano Chart By TradingView

Today, NANO indicates a price fall of 3.52% as compared to the price of September 18, 2019. Looking at the current movement, Nano price may continue to fall and can reach to its immediate support of $0.93 by tomorrow. In this month, it may be traded in the range of its support and resistance levels, which are 0.930326 and 0.955469 respectively.

As per the present trend of Nano coin, you can either purchase the new coins or go ahead and hold the old coins as per your discretion. Over the past few days, Nano has witnessed several rises and falls and has not been able to maintain a consistent performance. Hence, it is recommended to trade from a long-term vision as the coin is expected to reach as high as $0.99 by the end of 2019.

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Trevor Holman

Trevor Holman follows crypto industry since 2011. He joined CryptoNewsZ as a news writer and he provides technical analysis pieces and current market data. He is also an avid trader. In his free time, he loves to explore unexplored places.

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