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Komodo (KMD) Buy Signal

At Coin Inquire, we offer free price signal of Komodo (KMD) and other cryptocurrencies. Today July 16 we are beginning a new series of free signals for top cryptocurrencies including Komodo (KMD).

Komodo (KMD)

Price
$1.32 (0.07 %)
฿0.00012086 (-6.11 %)
Market Cap
$151 885 514
฿13 899.85
Volume (24h)
$8 440 515
฿772.44
Exchange
Binance
Website
https://komodoplatform.com/
Event

KMD has been drifting sideways for nearly a year. Starting in March, the range between 0.00023 and 0.00014 was ruptured at both the top and bottom.

Currently, price is sitting just below this range. In early July, a bullish divergence formed on the daily chart – but failed to hold enough power to re-enter the range.

This divergence was accompanied by unusually high volume, which suggests market interest in KMD at these levels. It seems likely that another attempt to re-enter the range will be made soon, with a potential target lying at the daily order block around 0.00017.

The full rebrand this Monday, along with the Antara framework launch, may provide enough incentive for bulls to ramp up their efforts.

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