Krypton DAO is Trading -39.68% Below Our Price Prediction for Jun 02, 2023

Krypton DAO is Trading -39.68% Below Our Price Prediction for Jun 02, 2023

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

  • Krypton DAO is up 4.91% today against the US Dollar
  • KRD/BTC increased by 3.41% today
  • KRD/ETH increased by 3.84% today
  • Krypton DAO is currently trading 39.68% below our prediction on Jun 02, 2023
  • Krypton DAO gained 28.05% in the last month and is up 829.00% since 1 year ago
Krypton DAO price$ 2.90
Krypton DAO prediction $ 4.81 (65.77%)
Sentiment Bullish
Fear & Greed index 50 (Neutral)
Key support levels$ 2.75, $ 2.69, $ 2.65
Key resistance levels$ 2.85, $ 2.89, $ 2.95

KRD price is expected to rise by 65.77% in the next 5 days according to our Krypton DAO price prediction

Krypton DAO price today is trading at $ 2.90 after gaining 4.91% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 4.35% in the same time period. KRD performed well against BTC today and recorded a 3.41% gain against the world’s largest cryptocurrency.

According to our Krypton DAO price prediction, KRD is expected to reach a price of $ 4.81 by Jun 02, 2023. This would represent a 65.77% price increase for KRD in the next 5 days.

KRD Price Prediction Chart

Buy/Sell Krypton DAO

What has been going on with Krypton DAO in the last 30 days

Krypton DAO has been displaying a positive trend recently, as the coin gained 28.05% in the last 30-days. The medium-term trend for Krypton DAO has been bullish, with KRD increasing by 448.00% in the last 3 months. The long-term picture for Krypton DAO has been positive, as KRD is currently displaying a 829.00% 1-year price change. On this day last year, KRD was trading at $ 0.312449.

Krypton DAO reached its all-time high price on May 02, 2023, when the price of KRD peaked at $ 4.02. The current KRD cycle high is $ 3.16, while the cycle low is at $ 0.594240. KRD has been displaying high volatility recently – the 1-month volatility of the coin is at 18.61. Krypton DAO recorded 12 green days in the last 30 days.

Krypton DAO technical analysis for today – May 28, 2023

The sentiment in the Krypton DAO markets is currently Bullish, and the Fear & Greed index is reading Neutral. The most important support levels to watch are $ 2.75, $ 2.69 and $ 2.65, while $ 2.85, $ 2.89 and $ 2.95 are the key resistance levels.

Bullish sentiment for Krypton DAO

23 indicators are currently signaling a bullish prediction for Krypton DAO, while 4 indicators are showing a bearish forecast. With 85% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for Krypton DAO.

Crypto market is currently experiencing Neutral

Currently, the Fear & Greed index is at 50 (Neutral), which signals that investors have a neutral outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Krypton DAO moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Krypton DAO is positioned in the market right now.

PeriodDaily SimpleDaily ExponentialWeekly SimpleWeekly Exponential
MA3$ 2.86 (BUY)$ 2.81 (BUY)
MA5$ 2.61 (BUY)$ 2.75 (BUY)
MA10$ 2.15 (BUY)$ 2.44 (BUY)
MA21$ 2.03 (BUY)$ 2.15 (BUY)$ 0.978186 (BUY)$ 1.27 (BUY)
MA50$ 1.80 (BUY)$ 1.80 (BUY)$ 0.665111 (BUY)$ 0.857405 (BUY)
MA100$ 1.17 (BUY)$ 1.41 (BUY)
MA200$ 0.878459 (BUY)$ 1.05 (BUY)
PeriodValueAction
RSI (14)66.35NEUTRAL
Stoch RSI (14)83.47SELL
Stochastic Fast (14)83.46SELL
Commodity Channel Index (20)66.67NEUTRAL
Average Directional Index (14)22.64NEUTRAL
Awesome Oscillator (5, 34)0.29NEUTRAL
Momentum (10)0.93NEUTRAL
MACD (12, 26)0.10NEUTRAL
Williams Percent Range (14)-16.54SELL
Ultimate Oscillator (7, 14, 28)63.22NEUTRAL
VWMA (10)2.57BUY
Hull Moving Average (9)2.91SELL
Ichimoku Cloud B/L (9, 26, 52, 26)2.40NEUTRAL

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Krypton DAO is at 66.35, suggesting that KRD is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Krypton DAO over the last 50 days. Currently, Krypton DAO is trading below the SMA 50 trendline, which is a bearish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the KRD closing price for the last 200 days. KRD is now trading below the SMA 200, signaling that the market is currently bearish.

The bottom line about this Krypton DAO prediction

After considering the above factors, we can conclude that the current forecast for Krypton DAO price prediction is Bullish. KRD would have to increase by 65.77% to hit our $ 4.81 target within the next five days. Moving forward, it will be important to monitor the KRD market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Krypton DAO price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

Source: https://coincodex.com/article/27739/krypton-dao-prediction-may-28-2023/