🔍 A quick overview of $KNC :

Name: Kyber Network Crystal

Token: KNC

Type: DeFi project that enables direct currency exchanges via smart contracts (on-chain liquidity).

Supported networks: Ethereum, Polygon, Arbitrum, and others.

Usage: Used as a governance and rewards token in the KyberSwap protocol.

📉 Current Price (July 12, 2025):

> ✅ Current Price: Around $0.52

✅ Market Cap: Around $100 million

✅ Daily Volume: Around $8–10 million

✅ All-Time High: ~$6 (in 2021)

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📈 Quick Technical Analysis (KNC/USDT):

Status Indicator

The general trend is down from the 2021 high

Strong Support: $0.47–$0.50

Nearby Resistance: $0.58–$0.62

RSI is near oversold

Moving Averages below the MA50 and MA200, which is currently negative

🔸 When is a strong long opportunity?

If the price breaks the $0.62 level with a steady breakout and high volume.

Or if it successfully retests the $0.48 area with a bullish engulfing candlestick or pin bar.

🔹 When is a short opportunity?

If the price fails to surpass $0.58 and begins to form a lower high.

Especially if Bitcoin returns below $58,000.

🧠 My Technical Opinion:

Short-term: The coin is trading in a narrow range and could see a slight rise to $0.60–$0.65 if the market stabilizes.

Long-term: If the DeFi market returns, KNC could return to the $1.5–$2 levels.

$USDC