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👀Huobi x CoinMarketCal👀A Coin To Keep An Eye On!

What is KNC?

Kyber is an on-chain liquidity protocol that aggregates liquidity from a wide range of reserves, powering instant, and secure exchange.

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KNC/BTC Daily July 19th 18:01 PDT

📈Analysis

KNC continues its mega-bull run, with the price providing over 1,526% returns since last August’s lows.

Currently, the yearly level at 0.00018801 provides resistance, causing the price to have spent most of July consolidating for another attempt at the recent highs. Last week brought a move close to the highs, which could be setting up for a breakout.

Bulls could enter between the yearly level at 0.00018801 and the previous resistance 0.00018205, which may be turning to support on lower timeframes. Reasonable targets reach up to the swing high at 0.00029264.

Bears looking to short euphoria and with new liquidity coming into this project by more market cap this could enter a new yearly level which may become resistance and target the last consolidation area around 0.00013696.

👉Trade KNC on Huobi👈

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👀www.huobi.com; coinmarketcal.com

Risk Reminder:

1. Trading in digital assets comes with high risks due to huge price fluctuations. Users should be fully aware of the risks associated with digital asset trading and make prudent trading decisions.

2. Huobi Global’s announcements and information do not constitute investment advice, and Huobi will not bear responsibility or provide compensation for direct or indirect losses arising from trading decisions whilst relying on this information.

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Huobi Global

Huobi Global

The leading global digital asset exchange. www.hbg.com | www.huobi.com | Official Telegram https://t.me/huobiglobalofficial

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