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Kusama Price Analysis: KSM Coin Price Is Ready To Jump Over $500

  • KSM coin price is currently trading in an uptrend and can soon see a new high. It is currently trading with a gain of more than 1.87% in the past 24 hours.
  • Technical indicators of KSM price suggest a strong bull trend for the future. In contrast, KSM/BTC pair is also up by more than 1.97% in the intraday session.

KSM coin price is currently seeing a strong bull trend which can soon push the price to a new high. Kusama’s price is currently up by more than 1.76% and is trading near the value of $387. The ROI of the KSM is more than 20366% and can soon observe growth in the future. The asset price has to jump a mere 38% to break its all-time high support. The coin price upside momentum might push the asset price to a new high in the upcoming days. One can forecast a strong bull trend in the coin price in the future.

KSM’s market dominance along with the market cap is seeing a strong upside momentum and can soon surpass its previous level. The volume of Kusama can also observe a new high in upcoming days. The volume to market cap ratio of the KSM suggests a strong bull trend in price in the future.. One can invest in Kusama as per the price action scenario of the future

KSM Coin Price Bulls Are Ready For The Next Run

Source: Trading view

The weekly technical chart of the KSM price suggests a strong upside momentum which can push the price to a new high. It has seen a gain of more than 3% in the intraday session. On coming to the daily chart the coin price is seeing a strong upside momentum. The hostile region of Kusama while moving upwards can be seen near $450. Meanwhile, the support in the coin can be observed near $300. If the coin price goes 15 to 20% above the current level then a strong bull trend can be seen. KSM/BTC pair can also see a strong upside momentum in the upcoming days

Conclusion

KSM coin price is currently seeing a strong bull trend which can soon push the price to a new high.. KSM/BTC pair can also see a strong upside momentum in the future.. One should do their due diligence before investing.

Technical Levels:


Major Resistance: $500
Major Support: $300

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Adarsh Singh: Adarsh singh is an Stock market and financial market advisor trader with background in Engineering. He specialises in Technical Analysis while possessing strong computational skills.