SNX Spikes Above $50 Level; 10000X Returns Coming on TAMA

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The Syn­thetix price pre­dic­tion shows that SNX is fac­ing the upside as the coin moves to break above the 9‑day mov­ing aver­age to reach $3.15.

Synthetix Prediction Statistics Data:

  • Syn­thetix price now – $3.10
  • Syn­thetix mar­ket cap – $726.4 million
  • Syn­thetix cir­cu­lat­ing sup­ply – 234.5 million
  • Syn­thetix total sup­ply – 293.2 million
  • Syn­thetix Coin­mar­ket­cap rank­ing – #59

SNX/USD Market

Key Lev­els:

Resis­tance lev­els: $4.5, $5.0, $5.5

Sup­port lev­els: $2.0, $1.5, $1.0

SNX Spikes Above $50 Level; 10000X Returns Coming on TAMA
SNXUSD – Dai­ly Chart

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SNX/USD is mov­ing to cross above the 9‑day mov­ing aver­age to begin the bull­ish move­ment with­in the chan­nel. Accord­ing to the dai­ly chart, the Syn­thetix price is like­ly to shoot to the upside as the tech­ni­cal indi­ca­tor Rel­a­tive Strength Index (14) faces the 50-lev­el. There­fore, the mar­ket is pro­ject­ing a volatile move­ment where Syn­thetix may con­tin­ue to fol­low the bull­ish movement.

Synthetix Price Aims at the Upside, Massive gains on Tamadoge

As the dai­ly chart reveals, the Syn­thetix price touch­es the dai­ly high at $3.15 today so that the coin can begin to cre­ate addi­tion­al high lev­els above the 9‑day and 21-day mov­ing aver­ages. On the oth­er hand, any bear­ish move­ment below the low­er bound­ary of the chan­nel may bring the price to the sup­port lev­els of $2.0, $1.5, and $1.0.

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How­ev­er, con­sid­er­ing a con­tin­u­ous bull­ish move­ment for this coin, SNX/USD may spike above the mov­ing aver­ages to hit the poten­tial resis­tance lev­els of $4.5, $5.0, and $5.5 in the long-term bull­ish. Nev­er­the­less, the tech­ni­cal indi­ca­tor Rel­a­tive Strength Index (14) is like­ly to cross above 50-lev­el, sug­gest­ing addi­tion­al bull­ish move­ments for the market.

Against Bit­coin, the Syn­thetix price is seen trad­ing above the 9‑day and 21-day mov­ing aver­ages where the price is expect­ed to break to the upside. How­ev­er, should the price suc­ceed, it may begin an upward trend which could touch the poten­tial resis­tance lev­el of 2000 SAT and above.

SNX Spikes Above $50 Level; 10000X Returns Coming on TAMA
SNXBTC – Dai­ly Chart

On the con­trary, if the SNX price slides and faces the low­er bound­ary of the chan­nel, the coin is expect­ed to locate the sup­port at 1100 SAT and below. More­over, the tech­ni­cal indi­ca­tor Rel­a­tive Strength Index (14) moves to cross above the 60-lev­el which reveals that the Syn­thetix price may con­tin­ue to move to the upside.

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