Kyber Network Price Prediction for Today, June 10 – KNC Technical Analysis

The Kyber Community worth prediction reveals that KNC could cross above the channel to hit the $1.00 resistance stage.

What Units Kyber Community Aside?

Kyber Community is the primary device that permits anybody to immediately swap tokens with out counting on a 3rd celebration, reminiscent of a centralized alternate. Its distinctive, developer-friendly structure permits for seamless integration with apps and different blockchain-based protocols, making it an simply accessible resolution for numerous functions.

Kyber Community Prediction Statistics Information:

Kyber Community worth now – $0.76
Kyber Community market cap – $142.8 million
Kyber Community circulating provide – 188.3 million
Kyber Community complete provide – 239.1 million
Kyber Community Coinmarketcap rating – #363

KNC/USD Market

Key Ranges:

Resistance ranges: $1.10, $1.20, $1.30

Help ranges: $0.40, $0.30, $0.20

KNC/USD bulls are attempting to push the coin above the higher boundary of the channel because the 9-day and 21-day transferring averages reveal that the market could embark on a optimistic motion whereas the bulls improve the shopping for strain.

Kyber Community Value Prediction: KNC Value Might Observe the Uptrend

The Kyber Community worth is altering arms at $0.76 the place it faces up. If the coin breaks above the channel, it could start the upward motion. Nonetheless, any additional bullish motion could find the closest resistance ranges at $1.10, $1.20, and $1.30, whereas falling beneath the 9-day and 21-day transferring averages and sliding towards the decrease boundary of the channel might attain the assist ranges of $0.40, $0.30, and $0.20 respectively with an extended bullish buying and selling quantity.

KNC/BTC Goes to the North

In opposition to Bitcoin, the Kyber Community worth is transferring above the 9-day and 21-day transferring averages because the bulls head to the optimistic facet. On the draw back, if the market worth falls and drops towards the channel’s decrease boundary, the subsequent assist stage could floor at 900 SAT to find additional key assist at 795 SAT and beneath if the sell-off later turns into big.

On the upside, if the bulls push the value above the higher boundary of the channel; additional bullish motion could hit the potential resistance stage at 1400 SAT and above whereas the 9-day MA stays above the 21-day MA to proceed the bullish motion. Alternatively, if the coin faces the south, sellers could resume again and this might deliver bearish strain into the market.

Nonetheless, @BabyyBlockChain knowledgeable his 31k followers on X (previously Twitter) that $KNC has rebounded off its weekly assist and is now eyeing a breakout in the direction of $2.00.

$KNC – worth bounces off weekly assist eyeing a breakout in the direction of $2.00

LFG 💥 #Crypto #KyberNetwork pic.twitter.com/Nh3dF6wxgE

— Blockchain Babe (@BabyyBlockChain) June 9, 2024

Options to Kyber Community

The Kyber Community worth is being pushed by bullish momentum because it trades above the transferring averages. If this pattern continues, the coin could quickly break above the higher boundary of the channel. Because the bulls apply extra strain on the bears, the coin is more likely to attain larger ranges. In the meantime, the PlayDoge token presale has been a hit, elevating $3.7 million previously few weeks. This achievement positions the token to satisfy its $4 million goal earlier than the presale ends.

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