Show

Million

Resistance

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>The recent performance of KIMBO has been negative, with a weekly fall of 18.93%, and the current intraday decline is 3.35%, with price at $0.00042866.&nbsp;</a> </li> 
 <li> <span>2</span> <a>The price has fallen below the 20-day EMA and is approaching the 50-day EMA from above, indicating bearish sentiment.</a> </li> 
</ul> 
<p>The KIMBO crypto price structure shows a struggling match between bulls and bears, both are thriving to take momentum in their favor.</p> 
<p>The chart highlights that earlier price was in an uptrend and showed momentum in bull favor from the demand zone at $0.00005300, and breached in-between resistance one by one, which are $0.00028500, $0.00049000, and finally reached upto supply region at $0.00069750.</p> 
<p>However, the KIMBO crypto demonstrated a decline from the supply of around $0.00069750 on the chart. The current price structure scenario highlights that the KIMBO USDT is almost at a big fall, as it already met the resistance level and started nosediving. Also, the KIMBO asset is displaying bearishness and a falling tendency as it plunges below the major trend 20-day EMA band and gradually approaches to cut the 50-day EMA from above, reliant on the sellers’ surge more lower level could be reached in the coming sessions.</p> 
<h2 class="wp-block-heading" id="strong-kimbo-crypto-chart-and-indicator-analysis-strong"><strong>KIMBO Crypto Chart And Indicator Analysis</strong></h2> 
<p>Similarly, the KIMBO crypto asset is displaying strong bearish characteristics as MACD shows a strong bearish cross at 0.00004295 with a histogram declining downwards at -0.00002860. Likewise, the RSI is falling smoothly by taking rejection from 14-SMA and is currently at 48.86 and 14-SMA is at 58.15, implying that the KIMBO asset is losing momentum and can achieve new depths in the coming sessions.</p> 
<p>The KIMBO asset is expressing bearish behavior and exhibits that it has the opportunity to fall further, as it has attained bad performance in the last week by -18.93%, which is implying a start of a stable downward. Moreover, if the downtrend accelerates, it will probably start to consume its earned monthly, and quarterly gains of 199.50%, and 265.05% respectively.</p> 
<p>At press time, the intraday decline is 3.35% with the price structure in bearish mode and the KIMBO price is currently at $0.00042866. Therefore, if the price action turns more aggressive on the bearish side, the support line would be $0.00035000, breaking this would lead to the last line of defense at $0.00028500.</p> 
<p>However, the scenario could flip if the buyers turn the match in their favor. The KIMBO price could fly higher towards a higher level around $0.00069750, and $0.00075000, and this fall will become a short-term decline.</p>    
<p><a href="https://in.tradingview.com/chart/KIMBOUSDT/fBWUNFva-the-KIMBO-crypto-asset-is-displaying-strong-bearishness/"></a><a href="https://in.tradingview.com/u/Sam_TCR/"></a><a href="https://in.tradingview.com/"></a></p>  
<h2 class="wp-block-heading" id="strong-volume-analysis-of-kimbo-crypto-price-strong"><strong>Volume Analysis Of KIMBO Crypto Price</strong></h2> 
<p>Moreover, the volume analysis shows that the KIMBO cryptocurrency has received $3.32 Million in volume. The price vs volume chart describes a decline in volume along with the price decline, which suggests the continuation of the ongoing downtrend.</p> <iframe loading="lazy" title="Santiment Chart: Price (KIMBO), Volume (KIMBO)" width="1170" height="425" src="https://embed.santiment.net/chart?ps=kimbo&amp;pt=KIMBO&amp;df=2023-09-29T18%3A29%3A59.594Z&amp;dt=2024-03-29T18%3A29%3A59.594Z&amp;sat=shchcfg_UarWLpeP3wLs&amp;emcg=1&amp;emhwm=1&amp;wm=price_usd%3Bvolume_usd&amp;wax=0%3B1&amp;wc=%2326C953%3B%236f7ebc&amp;ws=%3B" scrolling="no"></iframe> 
<h3 class="wp-block-heading" id="strong-summary-strong"><strong>Summary</strong></h3> 
<p>The KIMBO<a href="https://www.thecoinrepublic.com/2024/03/28/aimbot-ai-price-analysis-is-aimbot-crypto-targeting-8/" target="_blank" rel="noreferrer noopener"> crypto </a>token is currently experiencing a tug-of-war type of situation on the daily chart between buyers and sellers. After an initial uptrend where the price rose from $0.00005300 to a high of $0.00069750, KIMBO is now showing signs of a potential downturn.</p> 
<p>KIMBO has fallen below the 20-day EMA and is approaching the 50-day EMA from above, indicating bearish sentiment. The MACD cross and a declining RSI further suggest that the momentum may be shifting towards the sellers.</p> 
<p>The recent performance of KIMBO has been negative, with a weekly decline of 18.93%, and the current intraday decline is 3.35%, with the price at $0.00042866. If the bearish trend continues, the price could drop to support levels at $0.00035000 and possibly $0.00028500. On the other hand, if buyers regain control, the price could rebound towards $0.00069750 or even $0.00075000.</p> 
<p>In addition, the volume analysis indicates a decrease in trading activity alongside the price decline, which typically reinforces a bearish trend. However, any significant increase in volume could signal a change in market sentiment and potentially lead to a price reversal. The current market conditions suggest caution, as KIMBO could either continue its downward trajectory or experience a bullish reversal if buyer momentum increases.</p> 
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4> 
<p><strong>Support Levels</strong>: $0.00035000</p> 
<p><strong>Resistance Levels</strong>: $0.00069750</p> 
<h4 class="wp-block-heading"><strong>Disclaimer</strong></h4> 
<p>In this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.</p>

Can KIMBO Crypto Show A Resurgence Or Keep On Deteriorating?

Table of Contents

Thecoinrepublic.com

Other articles published on Mar 29, 2024

BlockDAG Raises The Bar With $10 Million Presale, BitTorrent Surges Amid Bitbot’s Innovative Presale

Exclusive Cryptocurrencies for Spectacular Profits

This Popular Altcoin is Poised for a 1000% Jump to Hit $100 in 2024

XRP Among Losers, Dogecoin (DOGE) Shows Who's Meme Coin Leader, Solana (SOL) Paints Symmetrical T...

Bitcoin’s Price Slump and Shrinking Exchange Reserves Signal Market Shift

Ethena Labs reportedly suffers from security incident, analysts suspect $290k exploit

Join our free newsletter for daily crypto updates!