1
KIN price slipped below the 200 day EMA mark and is witnessing a breakdown.
2
Buyers look trapped and have unwinded their long positions.
The KIN crypto reflects follow-on selloff and slipped below the key moving averages, directing intense selling pressure in the last sessions. Moreover, the chart depicts a death crossover and sellers are aggressively making short positions and eyeing to breach the $0.00001400 mark shortly. Following the market bearish sentiments, the sellers have participated in the correction phase and pushed the KIN price over 40% this month.
At press time, the Kin token (KIN) price traded at $0.00001462 with an intraday drop of 4.20%, reflecting bearishness on the charts. It has a monthly return ratio of -34.20% and 62.28% yearly. The pair of KIN/BTC is at 0.000284 BTC, and the market cap is $1.29 Billion. Analysts are bearish and suggest that the KIN crypto may stretch the down move and will retest the downside regio
We współpracy z: https://www.thecoinrepublic.com/2024/04/28/kin-witnessed-breakdown-are-sellers-anticipating-major-fall/
