Tropnik

KILT. Sideways. Expectations. Staking.

KRAKEN:KILTUSD   KILT
We have a global sideways with a fairly wide price range. For the first time in history, we have oversold RSI. After exiting oversold, a 40% bounce can be expected. Also, there is a death cross that reports a new yearly low below $0.21, but this seems unrealistic to me as there is not enough liquidity on the exchanges for KILT and it was a squeeze (although the candle volume is high) that does not correspond to true supply and demand for KILT. But in any case, this option must be kept in mind, since the project has launched staking, which means that the whales farm and dump.
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