ZOGRAS

Analytics KMD/BTC

BINANCE:KMDBTC   Komodo / Bitcoin
This asset is characterized by very low liquidity, the daily turnover, on average, is 50 BTC. After the fall, which lasted from May to August, the historic minimum of 0.00017 was broken, after that the coin went into a sideways trend.
At the moment, a strong support level is 0.0001541. This asset shows that it descends after the market, but does not grow behind it. The rate can reach 0, 00024 if a stable upward trend will appear, and the price will break 0.00020. After this it is necessary to conduct additional analysis. In DOM we see that the coins are being purchased, but by single and large volumes relative to the daily turnover.
When investing, pay special attention to low liquidity and the potential for manipulation consequently.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.