#ANKR 1D: Potential 2x-5x Move. 11/27/24Ankr leverages shared resources to provide simple and affordable blockchain node hosting solutions. Founded in November 2017, it has developed a marketplace for container-based cloud services by utilizing shared resources.
The project currently has a market capitalization of about $400 million. All tokens are already in circulation with no further issuance planned, signaling potential for future growth.
I will be accumulating from current levels and adding 2-3 pending orders down to $0.03350 (if it even gets there, which I personally doubt). Targets are indicated on the chart. Potential movement ranges from 2x to 5x from current levels.
Ankrnetwork
Ankr Network / ANKR & Microsoft Microsoft partnered with web3 infrastructure provider Ankr to offer a node service for enterprises in need of blockchain data access.
The two firms will work together on a new node hosting service in Microsoft's Azure cloud marketplace, with tailored memory and bandwidth specifications for blockchain nodes.
The enterprise node deployment service would enable web3 projects or developers to deploy smart contracts, relay transactions and read or write blockchain data, according to a company release.
"Our partnership with Ankr will enable developers and organizations to access blockchain data in a reliable and secure way as they explore how web3 can address real-world business challenges," said Rashmi Misra, Microsoft's general manager for AI and emerging technologies in the release. "Together, we are building a robust web3 infrastructure layer."
The price of Ankr Network is $0.049 today with a 24hour trading volume of 250 million dollar. This represents a 50% price increase in the last 24 hours and a 80% price increase in the past 7 days.
next targets are 0.055, 0.059 and 0.065$. don't forget a good stop loss too
ANKR / ANKRUSDTGood Luck >>
• Warning •
Any deal I share does not mean that I am forcing you to enter into it, you enter in with your full risk, because I'll not gain any profits with you in the end.
The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
AKROUSDT U MIGHT CONSIDER LONG POSITON AKRO i see the bullish move if the price broke above the trendline and the resistance which is a strong resistance and the green line is the goal this is not a financial advice you make your own choice
first HH is a opportunity to buy ANKR
we need to see first breakout above 0.6$ in ANKR . if that happened with good momentume that a good opportunity to buy your first target is 0.099 $ - 0.18 $ and maybe will go more that's depend on btc
be patient and don't be greedy
this is my analyse it's not a recomandation to buy or sell !!
ANKR BREAKS OUT! Will it continue or pull back? Please refer back to my first #ANKR setup post to understand this chart better.
After a break out and almost touching the (purple trend line) It has met some resistance along the way which is completely normal. I do like that it is trying to hold support right on top of $0.04855 yellow resistance line. If it pulls back here are some areas I will be watching for.
Our attempt to identify the next "pump coin". ANKR long trade #8While the previous few days, the most voluminous and liquidity cryptocurrencies have been falling in value, some coins have been pumping like as: FLM, GTC, PERP, UNFI, Cyber etc...
This trade is our attempt to determine which coin will be the next to "pumping". That is why we halve our standard entry amount to $5000 and emphasize that a stop order is required.
Enter = 0,01841
Stop = 0,01797 ( -2.4%)
TP = 0,02394 ( +30%)
P/L ratio = 12.6
According to these conditions, with a position size of $5000, the amount of potential loss is $120, and potential profit is $1500.
What do you think, "Is this game worth the candle"? Write your thoughts in the comments
ANKR Bullish! 35% move very soon!Looking at ANKR’s bullish outlook
The charts here for multiple days and CRYPTOCAP_OLD:ANKR is looking bullish currently lagging behind compared to Bitcoin. For ANKR to makeup move back towards .000001 on the ANKRBTC chart a 35-50% move is required with an immediate retrace back closer to the 35% move. Although market sentiment is low ANKR is still setting up for a bullish reversal. The partnership with Tencent is yet to bear fruit and the partnership with Microsoft has just taken off.
Questions from holders.
When secret project?
What other uses cases are there for the token?
What value will all the new tools developed by the team bring to the token?
I only have 2 words for the token holders
Wait-
Rome was not built in 1 day!
Participate-
Show up for X spaces, X community and AMA's. Join the multitude of channels. Share Ideas and Build if you have the skills.
Remember ANKR is not a security we can't just depend on the Company to bring all the value to ANKR.
New idea for $ANKR$ANKR
The protocol represents the Liquid Staking Derivatives category, from the same category $LDO & $RPL, which are performing better than the market 12-15% growth for the day.
A safe entry point would be after a consolidation above the green zone.
MACD momentum is upward and only starts at 1h & 4h
Working out time is approximately 2-3 days
Don't forget about risk management!
I would bet that the ANKR will not make a significant move nowIf it were up to me, I'd say the ANKR will move sideways (orange line). We'll see what the Shanghai upgrade to ETH does and what effect it will have on ANKR. Next up will be some news regarding TENCENT METAVERSE, who ANKR has partnered with and has already started distributing these tokens, which are not yet open to the public. We've already learned several times that news won't reliably keep ANKR at new levels, so let's trust that BTC and ETH will keep rising, which could mean a clear path for ANKR to the upside.
ANKR price near a strong liquidity zone. What next ?The price of the ANKR approached to a strong liquidity zone. But even on the news of Microsoft and ANKR's cooperation, the ANKRUSDT price failed to break through it.
You believe that the growth of the ANKR price is not over yet and want to buy it? Then it is better to wait then the ANKR price will break up and consolidate above $0.06 , then you will be more confident to enter long with the prospect of growth to $0.09-0.10
But on the other hand, don't forget that powerful "price pump" can deflate just as quickly.
Therefore, in our opinion, it is a good idea to place buy orders in the range of $0.024-0.029 for your medium- and long-term investment portfolio. Of course, if you believe in the future prospects of the ANKR project
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