Bancor Price Soars Above $0.45 Level: Bullish Run Predicted

• Bancor Price Prediction for Today, February 7: BNT/USD Rises Above $0.45 Level
• The Bancor price may stay above the moving averages and if the resistance of $0.50 gives way, the bull run may come to focus
• Technical indicators suggest that if buyers keep the coin above the moving averages, it may remain on the upside

Bancor Price Prediction for Today

The Bancor price prediction for today is that it could rise above $0.45 level. Currently, it is trying to create a higher ground above this resistance level. If buyers can keep it above the 9-day and 21-day moving averages, then it will likely stay on an upward trajectory.

Market Key Levels

The key levels for BNT/USD are its resistance levels at $0.52, $0.54 and $0.56 as well as its support levels at $0.39, 0.37 and 0.35 respectively. These can be used as a reference point when forecasting future prices of Bancor coins in order to make informed trading decisions.

Bancor Price Prediction: What Could be Next?

If the bulls manage to push past the resistance level of $0.50 then they could take control of the market and drive up prices even further to reach new heights of up to $0.52, $0