$KNC

/USDT Technical Analysis Report – July 12, 2025

Kyber Network (KNC) has delivered a jaw-dropping breakout, skyrocketing 63.56% to trade at $0.5360, after dipping as low as $0.3150 in the last 24 hours. This explosive rally took the pair to an intraday high of $0.7550, signaling powerful bullish momentum backed by surging volume — with over 110 million KNC exchanged. The massive price swing and volume spike suggest strong accumulation, potentially driven by fundamental catalysts or whale interest. The current price action places KNC above major resistance zones, flipping them into fresh support at $0.4848 and $0.3874.

Traders should be thrilled as KNC appears poised for extended upside if it holds above $0.5360. The next resistance levels lie near $0.6797 and $0.7550, with a breakout beyond this range potentially targeting the $0.78–$0.80 zone. However, sharp gains often lead to short-term profit-taking, so a healthy consolidation between $0.48–$0.58 could follow. Technical indicators are likely flashing overbought signals on lower timeframes, but the strength of this rally is undeniable. Keep your eyes locked — KNC is heating up fast, and momentum traders may find golden opportunities in its next move.