KIN Witnessed Breakdown: Are Sellers Anticipating Major Fall?
- KIN Price Movement: The KIN cryptocurrency price has dropped below the 200-day EMA, indicating a breakdown and intense selling pressure.
- Market Sentiment: Sellers are dominating the market, leading to a significant correction phase with over 40% price drop this month.
- Technical Analysis: The KIN token is trading at $0.00001462 with bearish signals, including a death crossover and potential breach of $0.00001400 support.
- Price Volatility: Recent price drop led to decreased volatility but positive weighted sentiment, though the price remains near a critical level of $0.00001400.
- Future Outlook: Analysts predict further downside for KIN crypto, with key support levels at $0.00001400 and $0.00001320, while resistance levels are at $0.00001560 and $0.00001800.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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