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KLAYTN Price Analysis: KLAY Coin Price Is Ready To Launch For The Moon

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  • KLAYTN coin price is in a downside trend and can soon see a new high in the future. In contrast, the asset price is down by 0.02% in the past 24 hours
  • Technical indicators of KLAY suggest a downside momentum in price. Meanwhile, KLAY/BTC pair has also seen a loss of more than 0.08% in the intraday session.

Why Invest In KLAY Coin?

KLAY coin price has been seeing a strong consolidation in the daily chart and can soon hit a new low in the future. KLAYTN cost price has been exchanging close to the worth of $1.358 and has seen a gain of more than 3%. The ROI of KLAY is over 1884% which has benefitted a few financial backers before and can before long see another high in the future. The coin consolidation can before long see a significant breakout later on. It is a public blockchain network giving an open encounter to clients and improvement climate to spread the advantages and gain of blockchain innovation and their employments. One can put resources into the Klaytn according to their requirements and value limit.

KLAYTN cost needs to cover over 71% from its present level to come to another ATH. . The market strength alongside CMC positioning of the resource is additionally noticing a solidification and can before long notice another high. KLAY volume is likewise seeing a solid flood which can push the asset price to a new high. Meanwhile, the volume to market cap ratio of the asset price suggests a strong upside trend

KLAY Coin Price Bears And Bulls Are Asleep

Source: Trading view

The weekly technical chart of the KLAY coin price suggests a strong downside momentum and can soon hit a new low in the future. On the daily chart, the coin price is currently seeing a strong consolidation and can soon hit a new low in the future. KLAY price upside trend may face a potential threat near the value of $2. The support region of the asset can be seen near $1. The price of the coin is currently trading below the 50 and 100 Daily Moving Average, for an upcoming negative crossover. The 100MA  line is near $1.55, making it a crucial bounce-back region of the price. KLAY/BTC pair can also see a new high in the future.

Conclusion

KLAY coin price has been on a downside trend and can soon see a new high in the future. KLAY/BTC pair might also see strong momentum in the upcoming days.

Technical Levels

Major Support:$1

Major Resistance:$2

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