Recent News and Fundamental Catalysts Driving KNC
KYBER has been catching traders’ eyes lately as the team pushes out several DeFi-focused upgrades that might actually move the needle for KNC in the coming months. The big one is their Swap Flow Upgrade V3, which supposedly slashes gas fees by about 20% compared to the previous version. They’re also rolling out an MEV-protected liquidity layer with something called FairFlow—basically aiming to distribute arbitrage profits more fairly between liquidity providers and the protocol itself. All of this should, in theory, make KNC more valuable as both a governance token and a staking asset.
On the partnership front, ValorWallet and KyberSwap have been expanding their reach, with cross-chain liquidity mining popping up across several networks. That’s good for exposure. But there’s a wrinkle: some high-profile wallet sales—including a few connected to Vitalik-linked accounts—have made people nervous. Sure, the amounts weren’t huge, but traders tend to read into these things, and repeated sales could shake confidence. Worth noting too that trading volume is still pretty thin, which means any news—good or bad—tends to cause bigger-than-usual price swings.
Technical Indicator Snapshot & Interpretation
Right now, KNC is sitting around $0.2466 against USDT, up roughly 1.25% in the last 24 hours. Not a massive move, but it does show some buying interest creeping in. Looking at the 4-hour chart, the Relative Strength Index is hovering near 60.36—solid upward momentum without being overdone yet. The Simple Moving Average on this timeframe is around $0.24224, with the Exponential Moving Average just a hair higher at about $0.24242. Those levels could serve as a safety net if the price dips.
The 4-hour MACD tells a slightly different story though. The MACD line is just below its signal line, and the histogram shows a tiny negative reading (around −0.00000505). Translation: the bullish momentum might be taking a breather, or there’s some subtle bearish pressure building. Zooming out to the daily chart, the pivot points show resistance at R1 around $0.24993, R2 near $0.25287, and R3 at $0.25463. Support levels are at S1 around $0.24523, S2 at $0.24347, and S3 down at $0.24053. Price is flirting with that R1 resistance level right now.
Price Prediction: Scenarios & Key Levels for KNC
Bullish Case (Optimistic Outlook)
If KYBER’s upgrades actually get people excited—more staking, deeper liquidity, wider DeFi adoption—KNC could push toward the $0.2500-$0.2550 range in the next week or two. A clean break above the daily R2 (around $0.2529) and R3 (near $0.2546) would be a strong signal, potentially opening the path back to those previous highs near $0.2700. But this scenario really depends on the 4-hour moving averages at ~$0.2425 holding firm, and we’d need to see trading volume pick up significantly to back the move.
Bearish Case (Downside Risk)
On the flip side, if selling pressure kicks in—maybe another round of wallet dumps, weak overall altcoin market, or failure to defend support—KNC could slide toward those daily support levels. Losing S1 at about $0.2452 would likely lead to tests of S2 around $0.2435, and then S3 at $0.2405. If it closes below $0.2405, things could get uglier fast, potentially heading back toward that December low near $0.2106, especially if the MACD stays weak or the RSI drops under 50. With thin liquidity, any downside moves could be sharper than expected.
Key Levels to Watch & Short-Term Indicators
Support zones:
• First line of defense: ~$0.2425 (where the 4-hour moving averages converge)
• Daily support levels: $0.2452, $0.2435, $0.2405
Resistance zones:
• First hurdle: ~$0.2499 (daily R1)
• Tougher resistance: $0.2529 (R2), $0.2546 (R3)
What to watch on the indicators:
• If that 4-hour MACD histogram flips positive and the MACD line crosses above the signal line, that’s your bullish confirmation.
• Keep an eye on RSI—if it climbs into the 65-70 range, we’re getting close to overbought territory.
• If volume stays weak or price gets rejected at resistance on low volume, expect pullbacks.
