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KNC/USD Draws Short-Term Bullish Sentiment Towards $0.750 Level

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The Kyber Network worth prediction reveals that KNC is doubtless to climb above the higher boundary of the channel to start the upward development.

Kyber Network Prediction Statistics Data:

  • Kyber Network worth now – $0.724
  • Kyber Network market cap – $120.4 million
  • Kyber Network circulating provide – 164.8 million
  • Kyber Network whole provide – 222.3 million
  • Kyber Network Coinmarketcap rating – #162

KNC/USD Market

Key Levels:

Resistance ranges: $1.300, $1.400, $1.500

Support ranges: $0.300, $0.200, $0.100

Kyber Network Price Prediction for Today, November 30: KNC/USD Draws Short-Term Bullish Sentiment Towards $0.750 Level
KNCUSD – Daily Chart

At the time of writing, KNC/USD is altering palms at round $0.724 because the coin heads to the upside. Today’s buying and selling begins with a slight uptrend out there because the coin strikes to contact the day by day excessive of $0.742, after which it is at the moment buying and selling under the day by day excessive. However, merchants are anticipating that the present worth motion is a sign of the upcoming worth rally out there.

Kyber Network Price Prediction: KNC Gets Ready for the Upside

According to the day by day chart, the subsequent step for the Kyber Network worth is to cross above the higher boundary of the channel. Once this is completed, bulls may push the coin to hit the resistance ranges at $1.300, $1.400, and $1.500 respectively.

However, because the technical Indicator Relative Strength Index (14) strikes above the 50-level, KNC/USD is prepared for the north, as soon as this performs out, it might probably handle to maintain the bullish motion in direction of the resistance ranges of $1.00 and $1.200. Meanwhile, if the value decides to make a fast flip to the south, the assist ranges could possibly be discovered at $0.300, $0.200, and $0.100 respectively.

Against Bitcoin, the Kyber Network is transferring above the 9-day and 21-day transferring averages because the coin could cross above the higher boundary of the channel. At the second, bulls are to push the coin to the optimistic aspect whereas the technical Indicator Relative Strength Index (14) strikes above the 60-level.

KNCBTC – Daily Chart

Nevertheless, if the bears drag the value under the transferring averages, KNC/BTC could fall to the assist stage of 1900 SAT and under. Meanwhile, the continuation of the bullish motion could preserve the value above the transferring averages, and gaining extra uptrends could trigger the coin to hit the resistance stage of 7000 SAT and above.

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