Kyber Network Price Prediction for Today, September 16

The Kyber Community value prediction reveals that KNC may break above the higher boundary of the channel to hit the resistance stage of $0.60 stage.

Kyber Community Prediction Statistics Information:

Kyber Community value now – $0.56
Kyber Community market cap – $109.4 million
Kyber Community circulating provide – 170.4 million
Kyber Community complete provide – 228.5 billion
Kyber Community Coinmarketcap rating – #188

KNC/USD Market

Key Ranges:

Resistance ranges: $0.70, $0.80, $0.90

Help ranges: $0.40, $0.30, $0.20

KNC/USD is more likely to cross above the higher boundary of the channel to achieve the resistance stage of $0.60. The coin is at present hovering at $0.56 with a bullish crossover and pattern intraday. Nonetheless, the bulls are dominating the market as all technical indicators face the upside, however greater help might be discovered on the $0.50 stage.

Kyber Community Worth Prediction: KNC Will get Able to Explode

Within the subsequent optimistic transfer, the Kyber Community value could spike above the channel because the technical indicator Relative Energy Index (14) strikes to cross above the 60-level, the coin could proceed to expertise some bullish alerts which might encourage extra consumers to enter the market.

In the meantime, if the 9-day shifting common crosses above the 21-day shifting common, the coin could hit the closest resistance at $0.60, earlier than finding the potential resistance ranges at $0.70, $0.80, and $0.90 respectively. Furthermore, if the technical indicator decides to make a fast flip and face the draw back, there could also be a fast bearish drop, which can doubtless hit the help ranges of $0.40, $0.30, and $0.20.

KNC/BTC Strikes Bullishly

Towards Bitcoin, Kyber Community value is hovering above the 9-day and 21-day shifting averages as the value touches the resistance stage of 2188 SAT. Nonetheless, the truth that the market stays within the descending channel, appears to cross above the higher boundary of the channel.

Subsequently, if the consumers push the market value above the channel, KNC/BTC could contact the resistance stage of 2500 SAT and above. In the meantime, if the sellers step again into the market, greater promoting strain could cancel the bullish sample, and this might appeal to new sellers coming into the market with the subsequent help stage at 1700 SAT and beneath, however the technical indicator Relative Energy Index (14) strikes to cross above the 60-level, suggesting bullish alerts.

Kyber Community Alternate options

Based on the day by day chart, the subsequent step for the Kyber Community value is to cross above the higher boundary of the channel. As soon as that is achieved, bulls may push the coin to hit the resistance stage of $0.65. Nonetheless, the extra the bulls pressurized the bears, the upper the coin would attain.

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