1
SNX price reattempted to touch the $2.750 mark.
2
Bulls rescued their muscles and rebounded from $2.00.
SNX, the native token of Synthetix, escaped above the key moving averages and showed a bull move in the past trading sessions. Moreover, the chart shows a breakout of the upper trendline, leading to bullishness and surpassing the hurdle of $2.500.
Moreover, the price action indicates the rising demand for the token, shown by the volume spike in the past sessions. Recently, SNX gave a positive reaction and led a rally because of the anticipation of a new decentralized exchange which boosted the token price.
The chart shows that SNX price is trading near the resistance of $3.00, which acts as a barrier, and the price faced rejection multiple times and stayed below it.
Moreover, the technical parameters suggest a crossover indicating buying arises in the token, and fresh bullishness is noted on the charts, which could lead toward $3.00 in the upcoming
We współpracy z: https://www.thecoinrepublic.com/2023/07/19/synthetix-snx-rejected-from-3-00-will-it-reattempt-or-fail/
