Should You Buy Knit Finance (KFT) Saturday?

Saturday, April 22, 2023 07:29 PM | InvestorsObserver Analysts

InvestorsObserver gives Knit Finance a strong long-term technical score of 77 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the token's support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it's a strong buy-and-hold investment opportunity currently for traders. KFT at this time has a superior long-term technical analysis score than 77% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold type investors who are looking for strong steady growth when allocating their assets. Combining a high long and short-term technical score will also help portfolio managers discover tokens that have bottomed out.

InvestorsObserver is giving Knit Finance a 77 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Knit Finance!

Trading Analysis

KFT is currently $0.0053614 (99.28%) above its 100-day moving average price of $0.005400415 with its current price of $0.010761786. Meanwhile, Knit Finance is $0.0079592 (-392116.16%) above its 52-week low price of $0.002802547 and -$0.02763465 (-26016.06%) below its 52-week high of $0.038396433. The current price relative to its moving average and 52-week high and low leads to a strong long-term technical score of 77. Trends for the long-term trading history of Knit Finance suggest that traders are currently neutral on the token. Knit Finance currently has a total market cap of $52,732.75 to go along with its average daily volume of $223,569.14 worth of the currency over the past seven days. KFT's volume is below its seven day average as of the past 24 hours, with 32,688.56 exchanged in that period.


Technical analysis of Knit Finance over the past year results in the crypto receiving a a strong long-term technical score of 77 as its price movement in that time has given traders reason to be neutral on the token in the long-term. Click Here to get the full Report on Knit Finance (KFT).

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