Price Analysis

Kyber Network (KNC) Price Analysis: Not a Good Time to Invest in KNC

Kyber Network Price Analysis:

Kyber Network Crystal (KNC) is a cryptocurrency token that is used to pay fees on Kyber Network. Kyber Network is exchange based on the Blockchain technology of Ethereum founded by Loi Luu, Yaron Velnor and Victor Tran.

Kyber Network (KNC) Events and News:

The latest event of Kyber Network (KNC)  ”XBlockchain MEETUP TOKYO” is happening today at 5 pm,6thJuly, 2019.

The Kyber Network Exchange is growing very rapidly as their tweets confirm this statement.

Bamboo (BAM) @getbambooapp is now available on Kyber Network!

 

BAM is accessible through @KyberSwap and other platforms that are tapping into our on-chain liquidity protocol.”

 

Kyber Network Statistics:

  • The total market cap of Kyber Network (KNC) is $40,614,266 USD 3, 583 BTC and 139,800 ETH.
  • The 24 hour volume is$3,463,084 USD, 305.48 BTC and 11,920 ETH.
  • The total circulating supply of Kyber Network is 168,521,072 KNC.
  • Kyber Network rank on Coin Market Cap is #132.

Price Value of Kyber (KNC):

The current price value Kyber Network is $0.241004 USD, 0.00002126 BTC and 0.00082957 ETH.

Kyber Network Price Comparison:

The price value of KNC is decreasing gradually from 30 June onwards. The price of token on 30 June was $0.27 and $0.25 on 2 July.

The current price value of KNC is $0.24 which is showing clearly the decreasing trend of KNC.

Source: CoinmarketCap.com

Kyber Network (KNC) Price Prediction:

All the technical signals are telling us that price value may decrease in future. The first resistance will be at $ 0.269.The second resistance level will be at 0.262 and third resistance level will reach may be at $0.250.

There are strong signals that the price of KNC will remain at its lowest position over the next whole year.

Source: Walletinvestor.com

The chart is clearly showing that price value will slump in near future which is not a positive signal for traders and investors as they  will have to bear loss in case of investing in Kyber Network (KNC).

Conclusion:

The past trend and current scenario of Kyber network (KNC) is giving us the signal that it is not right time to invest in Kyber Network (KNC) as the price will continuously decrease in over next year.

  • Please feel free to share your prediction about price value of Kyber Network (KNC) token. We will consider your point of view and it will motivate us to present you with price analysis of different coins.
  • If you want from us to give a detailed analysis of any coin, please leave a comment in comment box.

You may also Like:

Bancor (BNT) Price Analysis: Bancor will not allow US users anymore to Use Its Services

Vechain (VET) Price Analysis: Bulls Fighting to Maintain its Position

V SYSTEMS Price Analysis: showing a Successful Rally in the Future

Cosmos (ATOM) Price Analysis: will break its downtrend Towards Surge

Zilliqa (ZIL) Price Analysis: Forecasting Slump of ZIL in 2019

Tags

Davis Byrne

Davis Byrne got into cryptocurrency world since 2013. He contributes technical chart-based price updates and price analysis on world's leading digital currencies.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close