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KIBA/USDT market has been bearish from mid-August till very recently. Although not much optimism is present in this market, it seems very likely that price action may have fallen to a temporary strong baseline. Therefore, this calls for a closer study, to predict what is likely to occur soon.
KIBA Speculation Statistics Data:
Kiba Inu’s current price: $0.0000003473
Kiba Inus market cap: $3.58 million
KIBAs circulating supply: —
Kiba Inus total supply: 1 trillion
KIBAs Coinmarketcap ranking: #3793
Important Value Marks:
Top Levels: $0.000003500, $0.000003560, $0.000003600
Bottom Levels: $0.000003473, $0.000003400, $0.000003350
KIBA May Resume Downtrend, Tamadoge to Be Listed on OKX
KIBA/USDT price move has been on a general downtrend with minimal pullbacks at intervals. The daily trading chart indicator points to lack of significant upward momentum. The MA line stays on top of price candles, while the last bearish candle pushes the price further downwards to $0.000003655. Furthermore, Th MACD indicators stay heavily interwoven and flat below the 0.00 level . As a result, this is indicating that the price may eventually break the 100% fib level at $0.000003027.
Kiba Price Speculation: Price Movement Commences Downward Retracement
Even on a shorter time frame of 4 hours, KIBA/USDT price action maintains its downside trajectory. The last three candles here are all bearish, with the last passing under the EMA line. Price action failed to find support at the 78.60 Fib level, thus commenced its downside movement.
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Furthermore, the MACD has crossed above the 0.00 level and now it appears that the faster line is now making a bend towards the slower one. By implication, this means that the downtrend may have resumed. Eventually, the 100% Fib level may be broken downsides to the Fib extension level, should selling activities continue. Consequently, price action may fall below $0.000003000.
In other altcoin news Tamadoge, a deflationary meme coin and ERC-20 token, will have its initial coin offering (IDO) on OKX. TAMA is set to list at $0.03 on Sept 27th.”
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