Market Overview for Kyber (KNCUSDT): Strong Bullish Momentum and Volatility Expansion

• Kyber (KNCUSDT) traded in a bullish bias over the last 24 hours, forming a strong upward trend with key resistance at $0.406–$0.410.
• Momentum indicators suggest sustained buying pressure, with RSI indicating overbought conditions near $0.4085 and MACD showing positive divergence.
• Volatility expanded into late trading hours, with KNCUSDT reaching a 24-hour high of $0.4109 amid strong volume in the last two candlesticks.
• Bollinger Bands tightened earlier in the day before a sharp breakout, signaling a probable continuation of the bullish trend.
• Fibonacci retracement levels at $0.395–$0.398 and $0.401–$0.404 have served as dynamic support during pullbacks and continue to influence price behavior.

Kyber (KNCUSDT) opened at $0.3931 on 2025-08-15 12:00 ET and closed at $0.4098 by 12:00 ET on 2025-08-16, reaching a high of $0.4109 and a low of $0.3880. The 24-hour volume amounted to 702,313.3 with a turnover of $277,608.30, reflecting strong accumulation and distribution dynamics.

Structure & Formations

KNCUSDT formed a bullish continuation pattern with a series of higher highs and higher lows, especially after 19:00 ET on the 15th. A notable bullish engulfing pattern emerged around 20:30 ET, confirming buyers’ dominance. The 20-period moving average on the 15-minute chart is currently at $0.405, with price trading well above it. The 50-period daily MA supports further upside near $0.407–$0.408.

MACD & RSI

The MACD line remained above the signal line for most of the 24-hour period, with a bullish crossover occurring at 15:00 ET on the 15th. RSI peaked at 73–75 during the late hours of the 16th, indicating overbought territory, but remained within a bullish momentum context. The divergence between RSI and price suggests a strong continuation of the upward trend may occur despite short-term pullbacks.

Bollinger Bands

Volatility expanded sharply in the final hours, with KNCUSDT breaking above the upper Bollinger Band during the last candle of the 24-hour window. Prior to this, bands had contracted between 05:00 and 08:00 ET on the 16th, signaling a potential breakout. Price action during contraction showed consolidation, and the breakout was confirmed with strong volume.

Volume & Turnover

Volume saw a steady increase from 15:00 ET on the 15th, with several spikes occurring around key price levels including $0.405 and $0.4085. The largest volume spike occurred during the 15:15–15:45 ET window on the 16th, coinciding with a strong move above $0.4100. Turnover closely mirrored volume trends, confirming price action with no major divergences noted.

Fibonacci Retracements

Key Fibonacci levels on the 15-minute chart were tested and held, with the 61.8% level at $0.398–$0.399 acting as a firm support area. On the daily chart, the 38.2% retrace of the recent rally from $0.3880 to $0.4085 sits at $0.3985 and appears to have been a short-term floor. The 61.8% retrace at $0.4015 is now a potential minor resistance.

Kyber’s 24-hour move suggests strong bullish momentum could continue in the near term, with $0.410–$0.415 as potential short-term targets. However, traders should remain cautious as overbought RSI levels may attract profit-taking, and a pullback to the 61.8% Fibonacci level ($0.3985) is possible if buyers weaken. Risk management remains key in this high-volatility environment.