Kiba Inu has been facing the wrath of sellers, ever since 15 of this month. Holders of this crypto keep selling while only a few people are buying this crypto. Subsequently, this has caused the price action of this crypto to keep on retracing lower support. Nevertheless, lets analyze this market to see the best approach that could be given to a market such as this.
Киба Ину болжолдоо статистикасынын маалыматтары:
KIBA Current Price: $0.000007298
KIBA Market Capitalization: $ 7.2 million
KIBA Systemic Supply: — million
KIBA Total Supply: 1 billion
KIBA Coinmarketcap Position: #3537
Баанын негизги деңгээли:
Жогорку деңгээлдер: $0.000008100, $0.000009000, $0.9500
Bottom Levels: $0.000008000, $0.000007297 , $0.000007075
Kiba Inu Falls Further to Lower Support, Buy Tamadoge Now
Kiba Inu price action looks helpless as it keeps falling to lower support. Price activity for this crypto has made some attempts to lift off the lower band Bollinger but to no avail. On the KIBA/USDT daily chart, price candles keep pushing the Bollinger lower band towards the downside. It appears as if price activity keeps searching for a strong support level from which it could rebound upside. The RSI indicator has reached the oversold region, precisely 6.49%, and 2.95%, however, it isn’t telling of any upside momentum gain. Traders in this market can place a pending buy order near $0.000008500. Consequently, this will ensure that a significant amount of strength has been gained by the bulls, and a higher value level may be retraced.
Kiba Inu Price Analysis: KIBA/USDT Stays in the Red
Here on the KIBA/USDT 4-hour chart, we can perceive that there was an attempt to pull up KIBA’s price action. Nevertheless, no sooner than the attempt was made did the bears deliver another heavy blow to price movement. This caused price activity to retrace downward still.
Сиздин капиталыңыз коркунучта турат.
Furthermore, the RSI indicator seems to be portraying more future downward value retracement. As it can be seen, the RSI indicator has touched each other at the tip as if to be crossing each other soon. The display on the RSI is more likely to eventually result in a further downward trend. Consequently, the best approach to this market is to allow the bulls gain significant upside momentum.
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Source: https://insidebitcoins.com/news/buyers-to-pull-kiba-inus-value-upwards-buy-tamadoge-and-buy-long