the KIN asset is showing bullish strengthThe KIN asset has shown an upsurge from the demand zone from $0.000012000 and reached the top at $0.000028200. But fell from resistance and formed support at $0.000019350.
Thereafter, the KIN sustained the support and started making higher highs and lows in the process.
The KIN asset is showing bullish traits and highlights that it can achieve more growth. It has demonstrated good performance in the past week, and three months by 14.06%, and 43.63% respectively, indicating a reliable upward trend.
At the time of writing, the crypto is experiencing a surge of 1.95% in the last 24 hours and is currently trading at $0.000022919. Since then, the crypto has displayed a revival structure in the form of higher highs and lows, as the price bounced back from a critical support level of around $0.000019340 on the chart.
Furthermore, the KIN asset is showing bullish strength and rising potential as it stays above major dynamic supports of 20-day and 50-day EMA's on the KIN chart. In the same way, the MACD highlights bullishness, as it is above the zero line at 0.0000000538 and the RSI shows no signs of overbought conditions yet, as it is at 54.85 above 14-sma, which is at 53.56, suggesting that the KIN asset has more room to grow.
Therefore, if the demand for the KIN asset price increases, it could bounce back from the current level, strongly on the daily chart. The next target for the price is to reach $0.000024000, and $0.000026000.
However, if the KIN crypto price fails to stay above the previous swing level at the $0.00002000 level, it could decline further and reach lower levels in the process.
