TL;DR Breakdown SNX price analysis is bullish for today.The current position of the current is below the $11.4 resistance level.The nearest support is present at $10.6 and another at $10.4, which haven’t been broken.It is expected that the price action will try to break the resistance and move upwards. SNX price analysis is bullish for today, and we can expect higher prices after the huge fall that was experienced on $7th September, wherein Bitcoin plunged over 19 percent in just a few minutes. For today, we have SNX being one of the best performers despite Bitcoin’s unclear stance and the confusion surrounding the market. Bitcoin’s fall brought SNX down from a whopping $14.2 to nearly $9. This was a huge drop in the price, which no one expected. For now, the price of one SNX coin is around $11.4, with a trading volume down by around 55.18 percent as compared to yesterday’s volume. On the other hand, the coin’s market cap has surged by over 7.57 percent compared to the market cap the day before. This makes SNX price analysis quite important as SNX is trading at a critical point. If you are looking for Synthetix price analysis for the long term as well, you can go through our Price Predictions page, wherein you will find the long-term predictions for almost every cryptocurrency worth investing out there. For the short term, we can expect SNX price analysis to be bullish if the ...
