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AnySwap (ANY) and Keep Network Technical Analysis: Bull Trend Resumption, ETH Rampant

source-logo  cryptoknowmics.com 08 October 2021 12:29, UTC

AnySwap and Keep Network price action are divergent. KEEP is stable versus the USD inside a bull flag above $0.30, while ANY is free-falling versus rampant ETH bulls.

AnySwap (ANY)

AnySwap, an interoperable swapping protocol, depends on the ANY token for governance.

Past Performance of ANY

The path of the least resistance is defined. ANY is falling versus ETH as per the ANY technical analysis in the daily chart.

At the time of writing, ANY crypto is down over 75 percent from July peaks against ETH.

Day-Ahead and What to Expect

Technically, the AnySwap token is being pounded by the revival of ETH bulls.

As visible from the candlestick arrangement in the daily chart, ANY valuation has cratered over 75 percent to multi-month lows.

At this pace, the token may slump below the critical support line—at 300 ANY to print new 2021 lows.

AnySwap Technical Analysis

It has been over two months since ANY token prices trended above the middle BB—the primary resistance line.

At present, ETH bulls are retesting the 300 ANY level. Even so, there are rejections for more draw-down as visible in the daily chart.

However, deeper losses may thrust ANY coin prices to new 2021 lows versus the rampant ETH.

Keep Network (KEEP)

The platform incentivizes the encryption and storage of private data on a public chain using KEEP.

Past Performance of KEEP

The Keep Network uptrend is valid as per the KEEP technical analysis in the daily chart.

KEEP is stable versus the greenback at the time of writing, adding two percent on the last trading day.

For now, traders are bullish, expecting a close above $0.45 in a buy trend continuation.

Day-Ahead and What to Expect

KEEP coin prices are bouncing back despite losses in September 2021.

A close above the minor wedge, the bull flag, above $0.45 may fuel more demand for KEEP to edge towards $0.65.

Even so, a contraction below $0.35 may see KEEP token prices slump to $0.30.

KEEP Network Technical Analysis

KEEP prices are consolidating within a broader $0.15 zone capped at $0.45 and $0.30.

As aforementioned, a close above $0.45 might see KEEP spring higher towards $0.65, breaking away from the choppy market.

This will confirm buyers springing from the 78.6 percent Fibonacci retracement level of the July to September 2021 trade range.

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