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KNC Bulls Target $2.0 Resistance as Tamadoge Remains Bullish

KNC Bulls Target $2.0 Resistance as Tamadoge Remains Bullish
KNC Bulls Target $2.0 Resistance as Tamadoge Remains Bullish

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The Kyber Network Crystal (KNC) price prediction keeps recovering from the low of $328 level as the price remains within the short-term bullish trend.

Kyber Network Crystal Prediction Statistics Data:

  • Kyber Network Crystal price now – $1.89
  • Kyber Network Crystal market cap – $335.7 billion
  • Kyber Network Crystal circulating supply – 177.8 Million
  • Kyber Network Crystal total supply – 177.8 Million
  • Kyber Network Crystal Coinmarketcap ranking – #102

KNC/USD Market

Key Levels:

Resistance levels: $2.4, $2.6, $2.8

Support levels: $1.5, $1.3, $1.1

KNCUSD – Daily Chart

KNC/USD is in the hands of the bulls as the coin trades above the 9-day and 21-day moving averages. However, due to the current bullish movement, the coin may soon cross above the upper boundary of the channel. The technical indicator Relative Strength Index (14) is moving to cross into the upper boundary of the channel with the signal line pointing to the north for more bullish signals.

Tamadoge OKX

KNC May Hold the Current Price As Tamadoge Keeps Inclining

Looking back at the recent dip of $1.5 a few days ago, the Kyber Network Crystal price is ready to break more upsides as the 9-day moving average remains above the 21-day moving average. However, the more the bulls pressurized the bears, the higher the coin would reach. Therefore, if the bulls maintain the upward trend, KNC/USD may continue with the bullish movement which could take the coin to the resistance levels of $2.4, $2.6, and $2.8 respectively.

On the other hand, any strong selling pressure may drag the price below the moving averages if the bears step back into the market, and should KNC trade below the daily opening price of $1.79, a bearish movement could take the price to the supports at $1.5, $1.3, and $1.1.

Against Bitcoin, the Kyber Network Crystal is likely to cross above the upper boundary of the channel as the bulls increase their entries into the market. At the time of writing, KNC is currently moving to create more uptrends as it trades at 893 SAT. If the Kyber Network Crystal signals a more bullish rally, it could meet resistance at 1000 SAT and above.

KNCBTC – Daily Chart

However, traders can say that the market may continue the upward movement as the technical indicator Relative Strength Index (14) remains within the overbought region. On the contrary, if the coin drops and faces the lower boundary of the channel, it could find support at 750 SAT and below.

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