Kyber Network Price Prediction for Today, September 23 – KNC Technical Analysis

The Kyber Community worth prediction reveals that KNC is shifting with an uptrend, and merchants may count on an early arrival of a worth rally.

Kyber Community Prediction Statistics Knowledge:

Kyber Community worth now – $0.68
Kyber Community market cap – $116.9 million
Kyber Community circulating provide – 170.5 million
Kyber Community whole provide – 228.5 million
Kyber Community Coinmarketcap rating – #175

KNC/USD Market

Key Ranges:

Resistance ranges: $0.80, $0.82, $0.84

Help ranges: $0.52, $0.50, $0.48

KNC/USD is at the moment experiencing an upward trajectory, with the coin sustaining its place above the 9-day and 21-day shifting averages. Regardless of market strain, the Kyber Community worth has proven a constant inclination to rise. Notably, the crypto market is making vital progress towards the higher boundary of the channel.

Kyber Community Worth Prediction: Potential Upside for KNC

As of the current second, the Kyber Community worth stands agency at $0.68. If it assessments the $0.62 help degree, there’s a chance of a draw back break. Ought to KNC/USD breach this degree, merchants ought to anticipate additional downward motion, with key help ranges at $0.52, $0.50, and $0.48 probably coming into play.

Taking a better take a look at the every day chart, the Kyber Community worth hovers round $0.68, pushed by a sturdy bullish development supported by modestly optimistic technical indicators. Nevertheless, resistance factors at $0.80, $0.82, and $0.84 are price noting if the bulls enhance the strain. Moreover, the Relative Power Index (14) signifies an overbought situation, suggesting the potential for elevated bullish momentum.

KNC/BTC Goals for Upside

Within the context of KNC/BTC, the Kyber Community worth can be on an upward trajectory, with market values shifting to interrupt above the higher boundary of the channel and reaching a every day excessive of 2615 SAT. In the meantime, KNC/BTC is at the moment confined inside the buying and selling channel, with merchants anticipating additional bullish momentum. The Relative Power Index (14) for this pair is shifting inside the overbought area.

Moreover, if the bulls handle to take care of the value above the 9-day and 21-day shifting averages, merchants could encounter preliminary resistance at 2800 SAT. Past this level, a stronger resistance degree could be recognized at 3000 SAT and above. Conversely, ought to sellers carry the market beneath the decrease boundary of the channel, it may expertise a big help degree at 2000 SAT and beneath.

Alternate options to Kyber Community

The Kyber Community worth is within the fingers of the bulls because the coin trades above the 9-day and 21-day shifting averages. Nevertheless, as a result of present bullish motion, the coin could quickly cross above the higher boundary of the channel. The technical indicator Relative Power Index (14) is shifting to cross into the overbought area with the sign line pointing to the north for extra bullish alerts.

Within the meantime, an intriguing growth on the horizon is the upcoming official launch of Wall Road Memes, scheduled for the subsequent few days. This presents an attractive alternative for traders to capitalize on. The token has quickly risen to prominence, making it one of many standout crypto sensations of the yr. With a considerable and devoted following, $WSM has remarkably gathered over $25 million throughout its presale part, setting the stage for a powerful debut on a number of famend exchanges shortly.

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