$KNC signals bullish momentum..

Kyber Network Crystal v2 (KNC) surged 124% in

24 hours due to a liquidity incentive campaign

on Arbitrum, technical breakout, and

roadmap-driven utility speculation

Price action: KNC broke above the 61.8% Fibonacci retracement ($0.30354) and 200-day EMA ($0.37768), reaching $0.712 – a 153% weekly gain.

Momentum: RSI7 hit 71.68 (overbought), but high volume ($845M) validated the breakout. MACD histogram turned positive (+0.0049), signalling bullish momentum acceleration.

Liquidation clusters: Short squeezes likely contributed, with cascading liquidations above $0.40 acting as fuel..#USCryptoWeek