• Synthetix token increased by 6% on Tuesday, increasing weekly increase

• Token trading is less than the downtrend line

• If the customer falls to $2.0, the empty order may be forced to adjust

Synthetix Token Price(SNX/USD) The recovery was gradually accelerated on Tuesday, with a sharp rise of 6%. In the past week, the value of tokens has increased by two digits. It gradually recovered from the bottom point of November of $1.57. As of the time of submission, the transaction price of cryptocurrency was US $1.91. Is it too early to boast?

From the source, SNX is gaining the upward driving force from the slight improvement of cryptocurrency sentiment. mostCryptocurrencyAlthough it decreased slightly in the past 24 hours, it still traded in green in the past week. However, with the resistance of cryptocurrency on the declining trend, the recovery of SNX was blocked.

SNX meets resistance at the downtrend line

SNX/USD Data Charts by TradeView

The performance indicators are SNX. The MACD index value has opened a rising cross pattern, although it is still in a bear market. RSI shows an increasing trend, and the reading value has exceeded the 50 center point level. This shows that the demand for SNX is very high.

SNX customers are now suffering from the downward trend line. This is in line with the price of $2, which means that the duo can maintain control for at least one or two days.

SNX summary concept

Although SNX customers may maintain manipulation, at present, both sides must defeat empty orders on the downtrend website. With the price close to the important dynamic resistance level, the price has already been adjusted.

If the two heads rebound in an area, then $2.7 is the next potential resistance of SNX. Conversely, the rejection of the downtrend line is likely to make SNX fall to the bottom of $1.5.

Where to buy SNX

Binance

Binance is one of the world's largest cryptocurrency exchanges. It is more suitable for more experienced investors, and provides many cryptocurrencies, more than 600. Binance is also famous for its low transaction costs and various transaction options from which users can profit, such as:; Equivalent transaction, margin transaction and spot transaction.

Then use Binance to purchase SNX

Bitfinex

Bitfinex is a Bitcoin trading service platform that provides advanced services for digital currency traders and liquidity service providers.

Then use Bitfinex to purchase SNX