$KNC (Kyber Network Crystal) appears to be in a swing phase, with relatively stronger bulls versus bears.
⚡ KNC is currently trading in a range of about 10%, indicating that it is moving within a defined price range.
⚡ It looks like the bears had a harder time pushing the price down as it took them a week to achieve what the bulls managed in just two days. This observation suggests that bullish sentiment or buying interest may be underlying KNC's price.
Range periods can be opportunities for both short-term traders looking to capitalize on price movements within a range, and long-term traders who may be waiting for a breakout or confirmation of a trend. During such periods, it is important to monitor key support and resistance levels to make informed trading decisions.
Remember that cryptocurrency markets can be very volatile, so it's important to use the right risk management strategies and stay up-to-date with the latest market developments.
