- The Kusama coin price is favorable, around 0.9% during intraday.
- The 24-hour trading volume is at $167 million.
- KSM/BTC pair is trading positive by 1.2% at 0.00642987 BTC.
The daily technical chart and price trend of Kusama coin show a bullish trend. Based on the pivot point, the first support zone is 255.0 USD. Another way to watch it is that if it rushes, the resistance level to look at is 430.0 USD. Therefore, the chart created a shooting star candlestick pattern during the day, and the cost is confident that it will reverse downside with unwavering medium strength.
The Exponential Moving Average (EMA) band, consisting of various EMA’s, strongly supports currency price fluctuations. Investors may find that cost breaks above the green ribbon. This guarantees a rise in KSM until it is above the ribbon.
Trading volume (1.536 M) is below the 20-day moving average (4.221 M). The volume is moderate, so the cost is above the pivot point. Investors may also see the volume bar on the chart decreases. This indicates that anomalous instability is common on subsequent trading days.
The Schaff Trend Cycle indicator (bullish) with a 50 represents a signal in the coin, projecting an uptrend. Additionally, Investors can see a green buy signal and an upward slope in the index.
Long-Term Perspective of Kusama Coin Price Trend
The weekly technical chart and price trend of Kusama coin show a bearish trend. Based on the pivot levels, the support zone is 280 USDT. From another perspective, if it rushes upwards, the resistance level to look for is 630 USDT. Moreover, the graph shows the Heiken Ashi candles, representing a substantial upside potential in the asset’s price action.
So, Kusama The price is $353.65 today and the 24-hour trading volume is $167,052,445. KSM prices have risen 0.9% in the last 24 hours. The circulation of KSM coins is 9 million, and the total circulation is 10 million. The STC points to a buying signal, and the traders have prompted high volume. In fact, the cost is moving above the pivot levels. Similarly, the general outlook for the market is that the pattern will remain bullish over the following trading days.
Resistance Level: $430 & $630
Support Level: $255 & $280