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KSM / TetherUS

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KSMUSDT trade ideas

Downtrend In KSM Is This Just A Beginning?Kusama price traded at $477.30 with a loss of 12.38% in the last 24-hour and 14.20% up in the weekly time-frame. Furthermore, the Kusama price plunged from the resistance of $570.0. In contrast, the market capitalization stands at $4.02 billion. Technically, investors can perceive a negative crossover in EMA, and the price drops below the 55-EMA. RSI index showcases a downward slope. Moreover, the price movement can be towards the support of $466.80 in future trading sessions. Resistance: $570.0 Support: $466.80
Short
by tcr_thecoinrepublic
2
KSM Jumps From $520.0, May Fall BackKSM price traded at $526.12 with a loss of 2.57% in the last 24-hour and 16.41% up in the weekly time-frame. Furthermore, Kusama price jumps from the support of $520.0. In contrast, the market capitalization stands at $4.47 billion. Technically, investors can perceive a positive crossover in SMA, and the price is fighting to sustain above the 21-SMA. RSI index showcases a downward slope. Moreover, the price movement can be towards the support of $520.0 in future trading sessions. Resistance: $570.0 Support: $520.0
Short
by tcr_thecoinrepublic
KSM: utility and governance goldKUSAMA KSM, the official test net of Polkadot is one of the most fundamentally strong projects in crypto. (research why yourself) With the launch of their parachains and full testnet we basically see a roll out of Polkadot v1.0 with numerous clients and partners. Although it is a testnet; it does offer the full Polkadot feature set and is the first one to launch innovations... LONG TERM The governance / utility token KSM is an amazing scarce asset with great token economics (most of them released) and is still undervalued in marketcap. By the end of the year I expect Kusama to be between a 15 and 20bn marketcap, but even more is possible depending on adoption. Long term KSM tokens will be like governance gold and I expect Polkadot and Kusama to play a major role in Web 3.0, Defi and intra-chain connectivity. I definitely see KSM and DOT both respectively push projects like ADA, THETA , DOGE, BCH, LUNA and LTC from the top spots. TOKEN ECONOMICS Market Cap: $4,155,693,549 24 Hour Trading Vol: $548,112,535 24h Low / 24h High: $413.74 / $501.87 Circulating Supply: 8,980,098 / 10,000,000 Fully Diluted Valuation: $4,627,670,561 Max Supply: 10,000,000 MID / SHORT TERM In the mid / short term we can see more growth for KSM and I see Kusama outperfom BTC, ETH and other major alts for the next 4 to 6 weeks - with a price target of 600$ (+30%) in that same time.
Long
by cryptobullethbtcxlm
2