SatoshiHeir
KITE just surged again a moment ago and is now pulling back. The current price is around 0.0884, stuck below the 7-hour moving average (approximately 0.0890), but still holding above the support of the 25-hour and 99-hour moving averages (at 0.0869 and 0.0852 respectively). Overall, the bullish and bearish forces are fairly balanced, but there is a slight bias towards cautious optimism.
If the price can cleanly break through the 0.090 to 0.092 range (near recent intraday highs), there is a chance to continue testing levels around 0.095 or even 0.10. The first line of defense below is at 0.086
If the price can cleanly break through the 0.090 to 0.092 range (near recent intraday highs), there is a chance to continue testing levels around 0.095 or even 0.10. The first line of defense below is at 0.086
KITE3.45%