De ce KLAY tranzacționează un steag descendent?

KLAY price has been trading under an ascending flag pattern. After trading within a bullish trend on the daily timeframe, the price saw a sudden decline after taking a rejection from the 200 EMA. After making a bearish double-bottom pattern the price lost 45% of its overall value.

The price is presently making an ascending channel pattern which is a forebearer of a bearish turn. According to the current price action, the value of the KLAY token may see a further decline in its value within the next few months. The volumes candlesticks are giving clear long red candles indicating that bears have a firm hold over the trend.

The current value of KLAY is $0.186 and it has a market of $576.53 Million

KLAY Price Sees a Decline in TVL

There is a slight increase in the TVL of KLAY after early January. Investors may need more reassurance in order to regain the buyer’s confidence. The current TVL of the KLAY coin is $4,477 Million which has surged by 2.86% in 24-hour trading value. 

In a previous analysis, the price took a bullish turn after gaining the support of the buyers in mid-October. The bullish enthusiasm caused the price to surge up by more than 95%. Though the severe resistance of 200 EMA did not give any leeway to the price and the sellers overwhelmed KLAY seeing a fall of more than 56%.

Analiză tehnică (interval de o zi)

The RSI line may make a bullish curve after taking support from the 14 SMA. The value of the RSI line as of now is 44.63 points; the 14 SMA is providing support at 43.20 points. If the RSI line crosses above the median line and 14 SMA the price may take lead.

The stochastic RSI is taking a bullish reversal after taking rejection from the oversold levels. The %K line is crossing above the %D line on the daily timeframe. The present value of 68.15 points and it may soon give a crossover above the medium.

Concluzie

At present, the faster-moving average 20/50/100 EMA’s are acting as a barrier for KLAY’s price. The RSI line is making a bullish curve whereas the stochastic RSI is taking a bullish reversal after taking rejection from the oversold levels.

niveluri tehnice -

Suport - 0.1500 USD și 0.1000 USD

Rezistență – 0.2500 USD și 0.2000 USD

Declinare a responsabilităţii

Părerile și opiniile exprimate de autor sau de orice persoană numită în acest articol au doar scop informativ și nu stabilesc sfaturi financiare, de investiții sau de altă natură. Investiția în sau tranzacționarea activelor cripto implică un risc de pierdere financiară.

Nancy J. Allen este o pasionată de criptomonede și consideră că criptomonedele îi inspiră pe oameni să fie propriile bănci și să se îndepărteze de sistemele tradiționale de schimb monetar. Ea este, de asemenea, intrigata de tehnologia blockchain și de funcționarea acesteia.

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