KOMODO Price Prediction: Long-term (KMD) Value Forecast – June 22


  • The KMD/USD market's price has been hovering around small space between the SMA trading indicators.
  • The sellers appear to be gaining the KIMD/USD market's advantage in a range presently.

KMD/USD Long-term Trend – Ranging

  • Distribution territories: $2, $2.50, $3
  • Accumulation territories: $1, $0.75, $0.50

The price valuation of Komodo as a base traded against the US dollar has been visibly dropping in a range since the start of the trading sessions this week. Previously, the ranging market movements of the pair were almost perfectly maintained within $2 and $1.50 marks.

Currently, the crypto’s price has been hovering around small space between the SMA trading indicators. The 14-day SMA is a bit located over the $1.50 lower range line and the 50-day SMA is situated underneath them at a near location. The Stochastic Oscillators have slowly moved down to touch range 20 very close to the oversold zone.

The bears still seem to put more pressure on the KMD/USD market around the 50-day SMA. It may only take a while to further push southward past that indicator. On the contrary, the market may still push around the $1.50 lower range mark and the SMA indicators in the next trading days.

Komodo:

Live komodo (KMD) Price:

1 KMD/USD =$2.2440 change ~ 4.42%

Coin Market Cap

$282.36 Million

24 Hour Volume

$8.79 Million

24 Hour VWAP

$2

24 Hour Change

$0.10

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Get Daily Headlines

Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

What to Know More?

Join Our Telegram Group to Receive Live Updates on The Latest Blockchain & Crypto News From Your Favorite Projects

Join Our Telegram

Stay Up to Date!

Join us on Twitter to Get The Latest Trading Signals, Blockchain News, and Daily Communication with Crypto Users!

Join Our Twitter

Add comment

E-mail is already registered on the site. Please use the Login form or enter another.

You entered an incorrect username or password

Sorry, you must be logged in to post a comment.
Bitcoin Exchange Guide