KSM is on schedule to release some of the most advanced technology on the market and the large institutional money is flowing into both DOT and KSM.
KSM is only $3.4B market cap and has a lot of room to run to be properly priced - right now the market is not really aware of the potential of KSM but there will be several large auctions launching over the next 2 weeks on KSM that will raise lots of attention to the network's value.
KSM Parachain Auction Schedule per below:
2021/06/15, 12:00 GMT: First Kusama Parachain Slot auction commences. Bids may be placed.
2021/06/17, 09:00 GMT: First Kusama Parachain Slot auction ending period begins. Only bids made prior to this point will certainly be considered in the final result. Bids made following this point have a linearly reducing chance of being considered.
2021/06/22, 09:00 GMT: First Kusama Parachain Slot auction bidding ends. No bids may be made on this auction following this point.
2021/06/22, 11:00 GMT: First Kusama Parachain Slot auction winner selected. The auction winner is determined as the highest bidder at some randomly selected point over the past five days.
2021/06/22, 12:00 GMT: Second Kusama Parachain Slot auction commences.
2021/06/29, 12:00 GMT: Third Kusama Parachain Slot auction commences.
2021/07/06, 12:00 GMT: Fourth Kusama Parachain Slot auction commences.
2021/07/13, 12:00 GMT: Fifth Kusama Parachain Slot auction commences.
https://medium.com/polkadot-network/kusama-parachain-auctions-2e1e02e301c0
Technicals
1) There's Hidden Bullish Divergence on the 4H chart of KSM - Price has made a higher low while the RSI oscillator is making a lower low.
2) Daily MACD has a bullish cross
3) Daily EMA ribbons are all bullishly crossed (not many cryptos have even a single daily EMA bullish cross)
-This is looking ripe for an ATH high to be made in the next few days - I've made an illustrative path the price could take to end of June - don't take it as verbatim. Anything can happen!
I'm also equally bullish on DOT (see chart below)
KSM is only $3.4B market cap and has a lot of room to run to be properly priced - right now the market is not really aware of the potential of KSM but there will be several large auctions launching over the next 2 weeks on KSM that will raise lots of attention to the network's value.
KSM Parachain Auction Schedule per below:
2021/06/15, 12:00 GMT: First Kusama Parachain Slot auction commences. Bids may be placed.
2021/06/17, 09:00 GMT: First Kusama Parachain Slot auction ending period begins. Only bids made prior to this point will certainly be considered in the final result. Bids made following this point have a linearly reducing chance of being considered.
2021/06/22, 09:00 GMT: First Kusama Parachain Slot auction bidding ends. No bids may be made on this auction following this point.
2021/06/22, 11:00 GMT: First Kusama Parachain Slot auction winner selected. The auction winner is determined as the highest bidder at some randomly selected point over the past five days.
2021/06/22, 12:00 GMT: Second Kusama Parachain Slot auction commences.
2021/06/29, 12:00 GMT: Third Kusama Parachain Slot auction commences.
2021/07/06, 12:00 GMT: Fourth Kusama Parachain Slot auction commences.
2021/07/13, 12:00 GMT: Fifth Kusama Parachain Slot auction commences.
https://medium.com/polkadot-network/kusama-parachain-auctions-2e1e02e301c0
Technicals
1) There's Hidden Bullish Divergence on the 4H chart of KSM - Price has made a higher low while the RSI oscillator is making a lower low.
2) Daily MACD has a bullish cross
3) Daily EMA ribbons are all bullishly crossed (not many cryptos have even a single daily EMA bullish cross)
-This is looking ripe for an ATH high to be made in the next few days - I've made an illustrative path the price could take to end of June - don't take it as verbatim. Anything can happen!
I'm also equally bullish on DOT (see chart below)
