At the same price, the uptrend and the 200 Moving Average were rejected and price spiked up to $9.5. Now BNT/USD might continue range for a little while, but the uptrend is there and it is valid. It is a matter of time when Bancor will go higher and as the upside targets, the $15 could play a key role in the medium term. Only a break and close below the $2.8 support could invalidate outlook.
#1 Crypto Blog: http://cryptopost.com
Crypto Forum: http://cryptoforum.com
Alts vs BTC Trade Signals: http://cryptopost.com/signals-membership/
ETH Tip Jar: 0x79bb76b99114f9b33fd3e5477eb05f2738d51