Based

Band Protocol

April

Resistance

Daily

<div class="insidebitcoins">
 <p>The Band Protocol price prediction shows that BAND could renew the bullish trend after testing the support level of $1.34 today.</p>
 <h2 id="band-protocol-prediction-statistics-data">Band Protocol Prediction Statistics Data:</h2>
 <ul>
  <li>Band Protocol price now – $1.34</li>
  <li>Band Protocol market cap – $199 million</li>
  <li>Band Protocol circulating supply – 141 million</li>
  <li>Band Protocol total supply – 145 million</li>
  <li>Band Protocol Coinmarketcap ranking – #271</li>
 </ul>
 <h2 id="band-usd-market">BAND/USD Market</h2>
 <p>Key Levels:</p>
 <p>Resistance levels: $2.20, $2.40, $2.60</p>
 <p>Support levels: $0.60, $0.40, $0.20</p>
 <figure id="attachment_507202" aria-describedby="caption-attachment-507202" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="wp-image-507202 size-full" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201374%20744'%3E%3C/svg%3E" alt="Band Protocol Price Prediction for Today, April 16 – BAND Technical Analysis" width="1374" height="744" data-lazy-srcset="https://cdn.thebittimes.com/images/2024/04/17/bfc5ddc66c96f346b9dcc4ad723114e8.webp 1374w, https://cdn.thebittimes.com/images/2024/04/17/bfc5ddc66c96f346b9dcc4ad723114e8.webp 300w, https://cdn.thebittimes.com/images/2024/04/17/bfc5ddc66c96f346b9dcc4ad723114e8.webp 1024w, https://cdn.thebittimes.com/images/2024/04/17/bfc5ddc66c96f346b9dcc4ad723114e8.webp 768w" data-lazy-sizes="(max-width: 1374px) 100vw, 1374px" data-lazy-src="https://cdn.thebittimes.com/images/2024/04/17/bfc5ddc66c96f346b9dcc4ad723114e8.webp">
  <noscript><img decoding="async" class="wp-image-507202 size-full" src="https://cdn.thebittimes.com/images/2024/04/17/bfc5ddc66c96f346b9dcc4ad723114e8.webp" alt="Band Protocol Price Prediction for Today, April 16 – BAND Technical Analysis" width="1374" height="744" srcset="https://cdn.thebittimes.com/images/2024/04/17/bfc5ddc66c96f346b9dcc4ad723114e8.webp 1374w, https://cdn.thebittimes.com/images/2024/04/17/bfc5ddc66c96f346b9dcc4ad723114e8.webp 300w, https://cdn.thebittimes.com/images/2024/04/17/bfc5ddc66c96f346b9dcc4ad723114e8.webp 1024w, https://cdn.thebittimes.com/images/2024/04/17/bfc5ddc66c96f346b9dcc4ad723114e8.webp 768w" sizes="(max-width: 1374px) 100vw, 1374px">
  </noscript>
  <figcaption id="caption-attachment-507202" class="wp-caption-text">
   BANDUSD – Daily Chart
  </figcaption>
 </figure>
 <p>BAND/USD has been hovering around $ 1.34 after touching the daily high of $1.54. The Band Protocol price is likely to cross below the lower boundary of the channel with a loss of 10.22% in the past few hours. Despite touching the daily high, the coin is still hovering below the daily high of $1.54 and it is likely to head toward the downside.</p>
 <h2 id="band-protocol-price-prediction-what-could-be-the-next-direction-for-band-protocol-price">Band Protocol Price Prediction: What Could Be the Next Direction for Band Protocol Price?</h2>
 <p>According to the daily chart, the Band Protocol price is moving toward the south and any further bearish movement could hit the nearest support at $1.20. The Band Protocol (BAND) hits the daily high at $1.54 before retreating to where it is currently trading. Looking at it from above, more bullish movements may come into play if the market price heads toward the upper boundary of the channel, and the nearest resistance level could be found at $2.00.</p>
 <p>However, traders can see that the daily movement remains in the hands of the bears but, a break into the positive side may most likely push the coin toward the potential resistance levels of $2.20, $2.40, and $2.60, while a drop below the lower boundary of the channel may lead to the supports of $0.60, $0.40, and $0.20 respectively.</p>
 <h2 id="band-btc-may-gain-more-supports">BAND/BTC May Gain More Supports</h2>
 <p>Against Bitcoin, the Band Protocol is seen moving bearishly below the 9-day and 21-day moving averages. After the coin touched the daily high at 2331 SAT today, the coin later retreated to where it is currently trading. Meanwhile, the price keeps moving to the south as sellers put pressure on the market.</p>
 <figure id="attachment_507201" aria-describedby="caption-attachment-507201" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="wp-image-507201 size-full" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201374%20744'%3E%3C/svg%3E" alt="Band Protocol Price Prediction for Today, April 16 – BAND Technical Analysis" width="1374" height="744" data-lazy-srcset="https://cdn.thebittimes.com/images/2024/04/17/0d6b25c271d6fd6399a1c99d0c6fec84.webp 1374w, https://cdn.thebittimes.com/images/2024/04/17/0d6b25c271d6fd6399a1c99d0c6fec84.webp 300w, https://cdn.thebittimes.com/images/2024/04/17/0d6b25c271d6fd6399a1c99d0c6fec84.webp 1024w, https://cdn.thebittimes.com/images/2024/04/17/0d6b25c271d6fd6399a1c99d0c6fec84.webp 768w" data-lazy-sizes="(max-width: 1374px) 100vw, 1374px" data-lazy-src="https://cdn.thebittimes.com/images/2024/04/17/0d6b25c271d6fd6399a1c99d0c6fec84.webp">
  <noscript><img decoding="async" class="wp-image-507201 size-full" src="https://cdn.thebittimes.com/images/2024/04/17/0d6b25c271d6fd6399a1c99d0c6fec84.webp" alt="Band Protocol Price Prediction for Today, April 16 – BAND Technical Analysis" width="1374" height="744" srcset="https://cdn.thebittimes.com/images/2024/04/17/0d6b25c271d6fd6399a1c99d0c6fec84.webp 1374w, https://cdn.thebittimes.com/images/2024/04/17/0d6b25c271d6fd6399a1c99d0c6fec84.webp 300w, https://cdn.thebittimes.com/images/2024/04/17/0d6b25c271d6fd6399a1c99d0c6fec84.webp 1024w, https://cdn.thebittimes.com/images/2024/04/17/0d6b25c271d6fd6399a1c99d0c6fec84.webp 768w" sizes="(max-width: 1374px) 100vw, 1374px">
  </noscript>
  <figcaption id="caption-attachment-507201" class="wp-caption-text">
   BANDBTC – Daily Chart
  </figcaption>
 </figure>
 <p>Nevertheless, should the sellers increase the pressure, the Band Protocol price may drop to the support of 1350 SAT and below. Now, the technical indicator shows that the market may continue to face the downside as the resistance level could be located at 3000 SAT and above.</p>
 <p>Later on, @CrypsieGypsie shared with their followers on X (previously known as Twitter) that $BAND is experiencing a bullish trend above its support level, potentially aiming for $1.624, $1.859, and $2.048, with a crucial support level at $1.382.</p>
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
  <p lang="en" dir="ltr">$BAND is showing bullish movement above support and may target $1.624, $1.859, and $2.048, with a key support level at $1.382.#Btc&nbsp;#Bitcoin&nbsp;#Crypto #CryptoCommunity #CryptoTrading pic.twitter.com/D2fXWBxp43</p>
  <p>— Crypsie (@CrypsieGypsie) April 14, 2024</p>
 </blockquote>
 <p></p>
 <h2 id="alternatives-to-band-protocol">Alternatives to Band Protocol</h2>
 <p>Based on the daily chart, the Band Protocol’s current price hovers around $1.34, potentially establishing initial support beneath the previous low at that level. Once breached, selling pressure may intensify, targeting the $1.20 mark. Any further decline from this crucial support level could amplify the downward momentum. Concurrently, traders are captivated by an emerging cryptocurrency gaining traction Dogeverse ($DOGEVERSE). Notably, this distinctive token has amassed over $4.9 million in presale funds, enticing traders to explore investment opportunities.</p>
 <p>Dogeverse Secures $5 Million in Presale! Set to Explode Upon Launch?</p>
 <p></p>
 <div class="rll-youtube-player" data-src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/S2IIdSJclPg" data-id="S2IIdSJclPg" data-query="feature=oembed" data-alt="Dogeverse Raises 5 Million in Presale! Looking to Explode at Launch?!"></div>
 <noscript><iframe title="Dogeverse Raises 5 Million in Presale! Looking to Explode at Launch?!" width="640" height="360" src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/S2IIdSJclPg?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
 </noscript>
 <p></p>
 <p>Dogeverse’s astounding success in securing $5 million during its presale heralds an incredible opportunity for investors seeking exponential growth. With such a monumental backing, now is the time to seize the moment and dive into this promising venture. The momentum behind Dogeverse suggests a trajectory poised for unprecedented gains, making it an enticing prospect for those looking to maximize their investment potential.</p>
 <p>You can benefit from&nbsp;Dogeverse&nbsp;now.</p>
 <h2 id="related-news">Related News</h2>
 <ul>
  <li>Band Protocol Tops the Charts, But Keep an Ear Out for This Presale’s Debut!</li>
  <li>Best Meme Coins To Buy Monday, April 16 – Fronk, Neko, DeFrogs, Dogeverse</li>
 </ul>
 <p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/band-protocol-price-prediction-for-today-april-16-band-technical-analysis-tbt85536.html">https://thebittimes.com/band-protocol-price-prediction-for-today-april-16-band-technical-analysis-tbt85536.html</a></p>
</div>

Band Protocol Price Prediction for Today, April 16 – BAND Technical Analysis

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