Wednesday, April 13, 2022

Price Analysis of AC Milan Fan Token (ACM) and Inverse Finance (INV)

AC Milan Fan Token (ACM) – 12.13% Surge

In the past 7-days, the buyers and the sellers have made their efforts in moving AC Milan Fan Token to their side. Such struggle is visible through the performance chart of AC Milan Fan Token. It shows that both sides continued launching rallies and selling sprees in order to move AC Milan Fan Token’s trend to their side.

However, it was the buyers who succeeded in bringing AC Milan Fan Token to their side. They have managed to do it in the past 24-hours with the help of investors who have sided with them.

Due to the combined efforts of the buyers and the investors, AC Milan Fan Token’s price has surged from a low value ($5.46) to a high value ($7.94).

Even now, the bullish trend for AC Milan Fan Token continues as the buyers have been pouring in a lot of money to acquire as many ACM as possible. Their target is to push AC Milan Fan Token into the strong resistance channel.

The first daring attempt the bulls may attempt would be to achieve a high price of $8.34 per ACM. From there, the bulls may get on the right path to constant rallies, which may eventually push AC Milan Fan Token to a high of $8.88 per ACM.

If the bears end up taking the lead over the bulls at $7.94 per INV, they may start running the trend. Over time, they may increase their selling efforts to bring Inverse Finance down to $7.50 per INV.

Inverse Finance (INV) – 11.37% Surge

Inverse Finance is also moving in the ascending channel in the past 24-hours. Even though the 11.37% rally the buyers have achieved in the past 24-hours is enough for the buyers to attract neutral investors to their side.

At the time of writing, the value of Inverse Finance is at a high of $414.79 per INV and before the rally, it was at a low of $361.45 per INV.

As the price of Inverse Finance is growing, more investors are growing interested to invest in digital asset. This way, the price of Inverse Finance may continue rising and reach a high price of $436.69 per INV. Going forward, the rally formed by the bulls may gain more strength, which would break stronger defenses set by the bears, pushing Inverse Finance up to $477.61 per INV.

If the bears take the lead and launch a counter attack at $414.79, then they may try and pull Inverse Finance below $400 per INV. If that happens, then the bears may continue selling Inverse Finance, bringing it down to $350 INV.

The post Price Analysis of AC Milan Fan Token (ACM) and Inverse Finance (INV) appeared first on CryptocyNews.com.



from CryptocyNews.com https://www.cryptocynews.com/price-analysis-of-ac-milan-fan-token-acm-and-inverse-finance-inv/
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