Kyber Network Daily Price Forecast For The 15th of August: KNC Bulls, Trying to Resist Pressure ByAzeez MustaphaPRO INVESTOR Updated: 16 August 2022 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Join Our Telegram channel to stay up to date on breaking news coverage Yesterday the selling pressure was considerably high which resulted in a very bearish market. Today, sellers open the session with very high expectations. The buying pressure appear to have suspended the market’s bearishness. Today’s bullish activities may trigger an uptrend as it appears that bulls are taking over. For now, the price holds at $1.6588. The 9-day moving average is moving through the erratic activities of the price of KNC/USD. this indicate serious contest between demand and supply. Kyber price Data KNC/USD price now: – $1.6986 KNC/USD market cap: – $171 million KNC/USD circulating supply: – $178 million KNC/USD total supply:- 56,382,240 Kyber KNC/USD coin market ranking: – #201 Key levels Resistance:-$1.5324, $1.6432, $1.6986 Support:- $1.5139, $1.4493, $1.3015 Buy Kyber Network Now Your capital is at risk Kyber May Soon Pop Out of The $1.6986 Resistance Level Today’s market performance may spark another bullish trend as bears could not sustain their victory. The buying pressure is high as the price is pushed up to its current $1.6986 level. There is a possibility of KNC/USD change of direction to favour the bulls. The Indicators Point of View of The Market Behaviour The MACD line is losing momentum and the signal line is almost catching up. This is resulting in decreasing histogram activities. At the time of writing, histogram activities measure a difference of 90. The Relative Strength Index shows a strength of 58.26%, while the signal line measures 56.44%. RSI Reveals that market strength has improved in comparison to yesterday’s performance. Price Prediction KNC/USD 4-Hour Chart Outlook The first 4-hour trading session was bullish, and then selling pressure reduced the momentum. The third and fourth trading session was a serious tug-of-war between the bulls and the bears. KNC/USD price may continue trending up steadily. Related How to Buy Tamadoge Visit Tamadoge Website Join Our Telegram channel to stay up to date on breaking news coverage
