- Komodo prices are reflecting heavy bearish momentum, showing signs for further downfall in the prices of the cryptocurrency as KMD is failing to maintain
- The KMD /BTC pair is facing a heavy loss of 16.31% bringing the level to 0.00006143.
The bulls are completely losing their grip on the market as bears got a strong hand upon the prices making them very venerable. There is heavy volatility in the prices plus there is lots of pump and dump in the levels showing how much prices are venerable
The support price of 0.400 is trying its level best but due to the negative trade in the cryptocurrency its failing too attain stability and end up being the biggest loser of today’s market.
KMD is trading with the market capitalization of $49,868,270 USD with volume traded of $ 2,678,270 USD and circulating supply of 119,102,988 KMD
The technical chart indicates that bears are the dominating factor in KMD’s market. Even after being the biggest loser in the market, there is positive momentum in the various aspects of it.
KMD prices are facing heavy selling volume according to the technical indicators as they are turning red which can be an indication of the upcoming bearish momentum for the cryptocurrency.
MACD level indicates that there is a slight increase in the buying volume of KMD which is a positive sign for altcoin as it might make the difference.
24hr-RSI is rising towards the heavy bullish zone from the normal zone in the currency it is trading right at the top level of the heavy bullish zone.
The 24hr-CCI is trading right above the normal zone with a flat momentum and might develop a tendency to fall below in the normal zone.
Resistance Level: $ 0.40200
Support Level: $ 040000
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