🚀 $KNC +97.5% in 24 hours — is this the beginning or the final surge?
$KNC has surged almost twofold in 24 hours, breaking the $0.64 level — there hasn't been such a pump since 2022. What’s behind this?
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🔍 Reasons for the growth:
✅ Restart of activity in DeFi
Kyber is a liquidity hub, and volumes on DEXs are rising. The token is back in focus.
✅ Update of the KyberSwap Elastic protocol
A new liquidity model with enhanced yield for LPs — a strong trigger for TVL growth.
✅ Institutional whales
Sharp inflows are visible on the chart — large players are likely entering.
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📈 Technical analysis:
• Resistance level: $0.68–0.72
• Next key level: $0.84
• RSI > 85 — overbought, a pullback to $0.58 is possible
• Volumes remain high → interest is not fading
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🧠 Forecast:
📌 Scenario 1 — profit-taking and pullback → $0.58–0.60 — a zone for re-entry.
📌 Scenario 2 — against the backdrop of a DeFi sell-off, the token could reach $0.84–0.89 within 3–5 days.
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💬 Question for you:
Have you already managed to enter $KNC ?
Do you expect continued growth or are you looking to short from current levels?
👇 Share your opinion in the comments!
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