Major Chainlink (LINK) Competitor Altcoins at Deep Discounts
Chainlink and Competitors: Chainlink leads the oracle market valued at $10 billion, with competitors like Pyth ($1.2 billion), API3, and Band Protocol offering unique advantages such as direct data feeds, privacy features, and support for various blockchain ecosystems.
Market Performance: Despite recent volatility in the crypto market, these oracles have shown resilience, with Pyth and API3 recovering from significant drops, while Band Protocol presents a potential entry point due to its lower market value and focus on diverse applications beyond DeFi.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for BAND
Technical Sentiment Analysis for Band Protocol (BAND). As of , Band Protocol (BAND) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 2 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BAND stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, BAND is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Band Protocol (BAND) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.134 | 0.164 | 0.204 | 0.234 | 0.274 | 0.304 | 0.344 |
| Fibonacci | 0.164 | 0.191 | 0.207 | 0.234 | 0.261 | 0.277 | 0.304 |
About BAND
About the author
