Should You Sell Kyber Network Crystal v2 (KNC) Tuesday?

Tuesday, September 20, 2022 09:32 AM | InvestorsObserver Analysts

Kyber Network Crystal v2 receives a weak long-term technical score of 10 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the token's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, KNC holds a superior long-term technical analysis score than 10% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover tokens that have bottomed out.

InvestorsObserver is giving Kyber Network Crystal v2 a 10 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Kyber Network Crystal v2!

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Trading Analysis

KNC is currently -$0.2300000 (-14.92%) below its 100-day moving average price of $1.550000000 with its current price of $1.320000000. Meanwhile, Kyber Network Crystal v2 is $0.2000000 (-863.02%) above its 52-week low price of $1.120000000 and -$4.39000000 (-151.83%) below its 52-week high of $5.720000000. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 10. Trends for the long-term trading history of Kyber Network Crystal v2 suggest that traders are currently bearish on the token. Kyber Network Crystal v2 has a total market value of $235,082,768.07 with an average average daily volume of $1,032,609,201.33 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, KNC's volume is below its average with $145,040,121.87 exchanged in total.

Summary

Trading patterns over the last year for Kyber Network Crystal v2 leads to the token's a weak long-term technical score of 10 as its consistency, volatility, and relation to long-term averages has given investors reason to be bearish on the token. Click Here to get the full Report on Kyber Network Crystal v2 (KNC).