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KILT (KILTUSD) is under negative pressure – Analysis – 07-05-2025
The price of KILT KILT/USD (KILTUSD) has declined in its recent trading at the momentary levels, amid the dominance of the main downward trend and its trading alongside the moving average, with continued negative pressure resulting from its trading below the simple moving average for the period of 50. Additionally, we notice the emergence of negative signals in the relative strength indicators.
Based on this, our expectations indicate further decline in the price of the currency during its upcoming trades, as long as it remains below the price of $0.0442, targeting the first support level at a price of $0.0365.
Expected trend for the upcoming trades: Downward