$KNC surged 95.3% on July 12 after CEO Victor Tran highlighted the May 2025 launch of KyberSwap Crosschain (KyberSwap Blog). The 24-hour pullback aligns with typical profit-taking behavior after parabolic moves, especially given:

- Overbought signals: RSI7 peaked at 71.68 on July 12 but cooled to 66.46 by July 14

- Resistance test: Price stalled near the 78.6% Fibonacci retracement ($0.37194)

Will whale-held supply (84%) stabilize prices if roadmap milestones like Q3’s KyberDAO upgrades materialize?