- KSM coin price is observing a correction on the daily chart but can soon see a strong upside momentum. It is up by more than 13% in the intraday session.
- Technical indicators of KSM price hints towards a strong upside trend for the future. In contrast, KSM/BTC pair has seen a gain of more than 10% in the intraday session.
KSM crypto price is currently seeing a strong upside momentum which can soon lead it to a new high. Kusama’s price has seen a gain of more than 12% in the intraday session and is trading near the value of $360. The ROI of the KSM is more than 20366% and can soon see strong upside momentum. The asset price has to cover more than 42% to break its all-time high. The coin price upside momentum may push it to a new high. One can forecast a strong upside momentum in KSM in the future.
KSM market dominance along with the market cap is observing a rise and can soon see a new high in the future. The volume of Kusama is also seeing a strong surge which can push the price to a new high. The volume to market cap ratio of the KSM hints towards a strong upside momentum in the future. One can invest in Kusama as per their risk adversity and price action
KSM Crypto Price Suggests A Strong Upside Momentum For The Future
The weekly technical chart of the KSM price hints towards a strong upside momentum for the future. It is up by more than 1.55% in the weekly time frame. On coming to the daily chart the asset price has formed a strong bullish engulfing pattern. The hostile region of Kusama while going upwards can be seen near $400. Meanwhile, the support in the coin price can be seen near $300. If the coin price jumps 15 to 20% above the current level then a strong upside momentum can be seen. KSM/BTC pair can also observe a strong bullish momentum in the future.
Conclusion
KSM coin price is observing a strong upside momentum and can soon see a new high in the upcoming days. KSM/BTC pair can also observe a new high in the upcoming days. One should do their due diligence before investing.
Technical Levels
Major Resistance: $500
Major Support: $300