📈 Analysis and forecast for $KERNEL : further prospects 🚀
As of May 24, 2025, 16:22 EEST, the price $KERNEL on Binance is $0.1895, with a 10% increase over the last 24 hours. The trading volume for the day is approximately $75.7M, and the market capitalization is $35.5M (with a circulating supply of 165M KERNEL). There is interest in the project in the market due to its role in liquidity and staking on the BNB Chain.
Technically, $KERNEL in an uptrend. On the 4-hour chart, the price has broken the 50-day moving average ($0.172), and the RSI (14) at 65 indicates bullish momentum, close to being overbought. Key levels: support at $0.18, resistance at $0.20. A breakout above $0.20 could push the price to $0.22, but a drop below $0.18 would increase pressure towards $0.16.
Forecast: in the short term (by the end of May), KERNEL may reach $0.22 while maintaining volume. By July 2025, a correction to $0.16 is possible due to overbought conditions, but with positive news, growth to $0.25 is realistic. The long-term target for 2026 is $0.35+, assuming the KernelDAO ecosystem expands and DeFi activity increases. Fundamentally, the project benefits from Liquid Reserve Tokens (LRT) and integration with Karak, which supports demand.
Further prospects? After a 10% increase and the current price of $0.1895, movement towards $0.20–$0.22 is likely. For entry, wait for confirmation above $0.20. For holders, taking profits is justified as it approaches $0.22. High volatility and dependence on news require caution — keep an eye on BNB dynamics and volumes! #KERNEL #Binance #CryptoAnalysis
