Will KEEP Hit $0.7 Soon? Many people are looking at the price of Keep Network (KEEP) to determine when it will hit $0.7, but most are not considering the fact that KEEP is not an exchange-traded fund, or ETF. A true ETF is a type of passive investment traded on an exchange, based on an index of assets, with shares tracking their “parent” assets.
Etherions just published a post about the Ether price that caught our attention today. You can find it here.
Keep Network Price Prediction 2021 – Will KEEP Hit $0.7 Soon?
- The range of bullish KEEP price predictions is $0.52 to $0.64.
- The price of KEEP may soon exceed $0.7.
- The pessimistic market price forecast for 2021 is $0.26, according to KEEP.
We utilize data, price trends, RSI, and other information about KEEP to evaluate the cryptocurrency’s future movement in Keep Network (KEEP) price forecast 2021.
Keep Network is a piece of software that aims to encourage a worldwide network of computers to store private data that can then be used on public blockchains through smart contracts. The Keep Network is made up of Keeps, which are off-chain receptacles for confidential data. With dividends and a cutting model, the Keep Network native token ins KEEP.
Keep Network (KEEP) is now trading at $0.3883 with a 24-hour trading volume of $32,020,251, according to CoinGecko. KEEP, on the other hand, has dropped 0.25 percent in the past 24 hours.
Furthermore, there are 575,028,267.60 KEEP in circulation. KEEP is currently traded on Binance, HitBTC, ZT, Coinbase Exchange, and Gate.io, among other cryptocurrency exchanges.
Price Prediction for Keep Network (KEEP) in 2021
Keep Network (KEEP) is currently ranked 245th on CoinGecko. Price forecast for KEEP in 2021, with a daily time period, is given below.
KEEP/USDT Daily Time Frame Price Chart (Source: TradingView)
Two uptrend lines drawn above and below a price indicate resistance and support levels in an ascending channel pattern. The opposite of a descending channel pattern is an ascending channel pattern. A break above the upper trend line is a strong buy signal, while a break below the lower trend line is a strong sell indication. Ascending channels often combine within an overall price decline and do not indicate a continuation or reversal of the trend.
If the bullish trend continues, the KEEP may hit $0.64 on the daily time frame chart. Otherwise, if the KEEP price breaks through the $0.52 resistance level, it will fall to the next support level at $0.38. As a result, the KEEP’s trend is dependent on the breakout.
Support and Resistance Levels in the Keep Network (KEEP)
The chart below depicts KEEP’s support and resistance levels.
Support and Resistance Levels for KEEP/USDT (Source: TradingView)
The resistance and support levels of KEEP are clearly visible in the above daily time frames.
- $0.52 is the first level of resistance.
- $0.64 is the second level of resistance.
- Level 1 Support – $0.38
- Level 2 Support – $0.33
- Level 3 Support – $0.26
KEEP has been on a bullish trend for the last month, according to the charts. If the current trend continues, KEEP may be able to catch up with the bulls and break over the $0.64 resistance mark.
In the event that investors turn against cryptocurrency, the price of KEEP may drop to almost $0.26, indicating a negative indication.
Average Directional Index of the Keep Network (KEEP) (ADX)
Let’s take a look at KEEP’s average directional index (ADX). The Average Direction Index (ADX) is a tool that traders use to assess the strength of a trend rather than its direction. It may be used to see whether the market is shifting or if a new trend is beginning. It’s linked to the Directional Movement Index (DMI) and consists mostly of the ADX line.
The oscillator has a range of 0 to 100. A strong trend is indicated by a high value, whereas a weak trend is shown by a low value. It is often used in conjunction with directional indicators.
The ADX of KEEP remains above the range of 46 in the chart above, indicating a strong trend.
Conclusion
KEEP is one of the cryptos that has managed to hold its footing in a negative environment. Our long-term KEEP price forecast for 2021 is also positive. This year, it has a good chance of surpassing its current all-time high (ATH) of $6.10. However, this will only happen if it overcomes a number of previous psychological barriers.
Furthermore, the KEEP ecosystem may have a bright future ahead of it in 2021, thanks to continuous improvements and enhancements. It may soon hit $0.64 and even higher levels, but it is more likely to reach $0.7 if investors believe KEEP is a solid investment in 2021.
Disclaimer: The views stated in this graph are entirely those of the author. It should not be construed as investment advice. Before investing, TheNewsCrypto staff advises everyone to conduct their own research.
The Keep Network, the newest cryptocurrency to hit the market, has seen a strong price rise since its launch in May. It currently sits at $0.071, which is a modest increase of only $0.005 compared to its launch price. This does not mean you shouldn’t buy KEEP tokens. On the contrary, many investors are currently buying up tokens, with the price continuing to rise on hopes that the price will hit the hard-discounted launch price of $0.7.. Read more about keep coin price prediction 2021 and let us know what you think.
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