Crypto assets are struggling, with Bitcoin (BTC) failing to reach $90K. In contrast, KAITO is thriving, increasing by over 48.31%. This surge allowed KAITO to achieve a new all-time high at $2.92, breaking past key resistance levels of $2.53 and $2.79. Earlier, it traded as low as $1.91.
Currently, KAITO is priced at $2.84, with a market cap of $699 million. Its daily trading volume has risen to $2.12 billion, despite a liquidation of $15.56 million in KAITO during this time. Over the past week, KAITO’s price has skyrocketed by more than 145%, starting the week at just $0.91 before the bulls took control.
Looking ahead, if KAITO can surpass the $2.86 mark, it may reach a new all-time high. This upward trend could lead to a target price range of $3.15 to $3.23. However, if the market turns bearish, KAITO might drop to around $2.36. Continued pressure below $2.15 could push the price down to previous support levels near $2.03.
The Moving Average Convergence Divergence (MACD) line has crossed above the signal line, indicating a bullish trend. Recent price movements show stronger momentum than before, suggesting positive growth for KAITO. The Chaikin Money Flow (CMF) line at 0.06 indicates some buying pressure, although the trend’s strength is mild. KAITO’s daily trading volume has increased by over 253%.