1
Synthetix price currently trades at $2.959 while witnessing a gain of 4.45% during the intraday session.
2
SNX price struggles to close above the $3 level.
3
SNX price trades above 20, 50, 100, and 200-day EMAs.
SNX price has been bullish since the formation of the support level at $2.03 during mid-July 2023, rising toward the $3 level. The cryptocurrency exhibited a strong bullish momentum and has registered a positive market performance over the past few weeks. The surge was linked to the positive sentiment around the Synthetix network.
Synthetix network is planning to release its Decentralized Exchange (DEX) called Infinex with the goal to compete with Centralized Exchanges (CEXs). The exchange is expected to be an improvement of an already existing exchange, Kwenta, which is Synthetix’s derivatives decentralized exchange on Optimism.
Source: SNX/USDT By TradingView.
The cryptocurrency price attempted to close above $3 multipl
We współpracy z: https://www.thecoinrepublic.com/2023/07/28/synthetix-price-prediction-snx-price-up-8-89-in-past-7-days/
