2023-08-05, Saturday: KIN 4H. WEEKEND FLIPYesterday's Friday happened that DXY USD INDEX fell by close to -$1 before it managed to get up back to $102. Crypto market seem weaken for most of the asset.
Today, Bitcoin didn't really make much of upward moves instead stays around $29,000 range. For KIN this weekend uptrend may be just temporary and nothing significant. DCA buy would be appropriate until bullish sentiment are observed firmed.
Kinusd
2023-08-01, Tue.: Kin 1H chartAfter July month end closure, most of the crypto closed lower than most expectation by the retails. This also marks the starting cycle for the rest of year 2023.
With the basis that Kin on 1H chart maintaining around the base of blue thick line for the first week of August. We could gauged this as new low of the month. On long term, it still a bullish season from early January till now on most Top 500 coin and token.
MONEY FOR THE DIGITAL WORLD (KIN/USD) Analysis 📈📉Hello Crypto community Welcome to this introduction for another high potential crypto project.🚀💰
🔹Rank #427,/ kind : Coin / Market Cap:$73,053,412 ===> GOOD ✅
Total Supply: 10,000B KIN /// Circulating Supply: 1,737.20B KIN (~ 17%) ====> risky ❌📛
🔰What Is Kin?
Kin is a decentralized cryptocurrency purposely designed to integrate easily across Mobile and Web Apps, with a built-in incentive model that rewards developers for increased usage. Apps built with Kin get paid for creating compelling cryptocurrency-based user experiences, where greater engagement results in shared economic benefits for users and developers. It was initially launched in 2017 as an ERC20 token on the Ethereum blockchain, but has since migrated to the Solana blockchain, enabling consumer-scale apps to transact swiftly, with minimal-to-no fees. Today, the Kin ecosystem boasts 60+ million wallets, and has distributed over $70M in rewards across 60+ apps since its inception
coinmarketcap-kin.org
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📈📉 TECHNICAL
As you can see on the WEEKLY timeframe for KIN/USDT , It is trading about $0.0000423 right now.
Since 2018 ,after recording an ATH ,it wasn't successful to record a new ATH recently ,
it has been declining when it touched the descending trend lines for 2 time and
had a retracement subsequently , I personally don't think about a new ATH when
its still below pivot zone. so now its price can decrease to lower support levels ,
but for any bullish rally it should be able to breakout the 2nd downtrend line, then
attack the resistance levels ,but as always it all depends to the situation of BTC
and crypto market in order to have any bullish rally .
🛑resistance level: $0.00035-$0.00037 ///$0.000185-$0.00020/// descending trend lines
🆚pivot zone: $0.000082-$0.00011
❇️support levels: (FIBO )- $0.00002-$0.000001/
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
💜 if you're a fan of my analyses PLZ follow me ,give a big thumbs 👍 and drop comment 🗯💭
KIN EWT 5 WAVE PLAYOUTFTX:KINUSD
All tokens, depend on BTC .d and BTC . If BTC dump, market follows. We are in alt season so BTC .D doesnt have as strong impact but must keep on watch for all trades, any setups or TA can easily be dismissed when BTC dumps or when BTC .D increases.
Potenatial 5 wave EWT formation. Commonly seen on many charts with the final target returning to previous high here.
Targets shown n Fib lines. Final target here would be equivalent of flag pole length from tip of flag (just above $9). Take profits BEFORE those fib lines and BEFORE those psychological numbers ei $9.00
Not financial advise, just sharing my thoughts and hope you can succeed from my shared ideas.
Never over-invest. Be patient and trade cautiously.
Feel free to leave comments, hit like to show support and if you manage to hit targets from these ideas, please let us know.
Tips are always welcomed :)
Thank you for viewing, sharing and safe trading to you all!
crypto portfolio idea : KIN we add crypto portfolio idea , with KIN coin , this very small value coin could help your portfolio to sky rocket
$KIN Monthly looking MINT!This is the monthly chart of KINUSD.
The price sits on the 20 Month Moving average. It is acting as support. The stochastic RSI is in an oversold area and when you switch to the weekly chart, you can see that 2 candles back it went into oversold and this week has crossed bullish out of that area.
Kin posted a surprise coming and the charts like it. The outlook for KIN is very positive and happy with it's Kucoin listing it has been a long time coming.
KIN Super pumpThe live Kin price today is $0.000121 USD with a 24-hour trading volume of $6,203,517 USD. We update our KIN to USD price in real-time. Kin is up 14.92% in the last 24 hours. The current CoinMarketCap ranking is #323, with a live market cap of $199,503,307 USD. It has a circulating supply of 1,651,018,308,904 KIN coins and a max. supply of 10,000,000,000,000 KIN coins.