By Leah Hutton (Luxembourg)
The coin is currently going in the topmost players in the crypto markets with an outstanding surge of 21.76% in just 24-hours. However, it is lingering at a low level in terms of ranking market capitalization but its move is very worthy and profitable for the traders and investors who put assets in the coin short term bullish move.
After a long term stays in the bearish clouds, Komodo is able to rise by the assistance of bulls but it is a short term and still, we cannot predict accurately and precisely the future price of the token.
Komodo Price
The current price Komodo (KMD) at the time of writing is $0.95 and the change seen in 24-hours is showing the figure of 21.76%.
Komodo Statistical Data
Market Capitalization: $111,781,977 USD
24-hours Volume: $7,368,766 USD
Circulating Supply: 116,912,403 KMD
Maximum Supply: 200,000,000 KMD
Komodo News and Events
Komodo has recently announced the release of its AtomicDEX-the most updated and innovative application.
Komodo is extremely excited to announce the public beta release of AtomicDEX, a truly revolutionary application that combines the capability of a secure multi-coin wallet with the peer-to-peer trading functionality of a decentralized exchange.
Komodo Comparison
The data of monthly movements reveals that value is increased with a steady and slow pace. The performance was not so good but it is somewhat noteworthy because overall there is some crest of value increase. The price jumped from $0.6 to the current level of $0.95 in the whole month. The 7-days performance of the token is very outstanding as the value pumped from $0.7 to $0.9.
Komodo Price Prediction
The level at which Komodo is currently hovering is also the resistance level for the trend line. If the trend line overpowered the resistance of $0.9 then it will show a great rally. In the case of plummeting, the support level will be waiting at $0.5 which is strong support and has the capacity to pump the trend line of Komodo.
Conclusion
As the vale is going in the upward direction from the today and weekly data scenario, we can predict that $1.2 is the next target of the coin. Its sudden rise in the daily has startled many as most of the cryptocurrencies in the markets are submerging.
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