Klaytn is Trading 12.42% Above Our Price Prediction for Dec 14, 2022

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.

  • Klaytn is up 3.61% today against the US Dollar
  • Klaytn is currently trading 12.42% above our prediction on Dec 14, 2022
  • Klaytn gained 5.34% in the last month and is down -86.74% since 1 year ago
Klaytn price $ 0.188642
Klaytn prediction $ 0.167802 (-11.05%)
Sentiment Neutral
Fear & Greed index 26 (Fear)
Key support levels $ 0.180072, $ 0.173823, $ 0.170494
Key resistance levels $ 0.189650, $ 0.192979, $ 0.199228

KLAY price is expected to drop by -11.05% in the next 5 days according to our Klaytn price prediction

is trading at $ 0.188642 after gaining 3.61% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 3.87% in the same time period. KLAY performed well against BTC today and recorded a 1.96% gain against the world’s largest cryptocurrency.

According to our Klaytn price prediction, KLAY is expected to reach a price of $ 0.167802 by Dec 14, 2022. This would represent a -11.05% price decrease for KLAY in the next 5 days.

KLAY Price Prediction Chart

Buy/Sell Klaytn

What has been going on with Klaytn in the last 30 days

Klaytn has been displaying a positive trend recently, as the coin gained 5.34% in the last 30-days. The medium-term trend for Klaytn has been bearish, with KLAY dropping by -17.12% in the last 3 months. The long-term picture for Klaytn has been negative, as KLAY is currently displaying a -86.74% 1-year price change. On this day last year, KLAY was trading at $ 1.42.

Klaytn reached its all-time high price on Apr 02, 2021, when the price of KLAY peaked at $ 4.35. The current KLAY cycle high is $ 0.334564, while the cycle low is at $ 0.120470. KLAY has been displaying low volatility recently – the 1-month volatility of the coin is at 4.50. Klaytn recorded 14 green days in the last 30 days.

Klaytn technical analysis for today – Dec 09, 2022

The sentiment in the Klaytn markets is currently Neutral, and the Fear & Greed index is reading Fear. The most important support levels to watch are $ 0.180072, $ 0.173823 and $ 0.170494, while $ 0.189650, $ 0.192979 and $ 0.199228 are the key resistance levels.

Neutral sentiment for Klaytn

13 indicators are currently signaling a bullish prediction for Klaytn, while 13 indicators are showing a bearish forecast. With 50% of indicators favoring a positive prediction. This results in an overall Neutral sentiment for Klaytn.

Crypto market is currently experiencing Fear

Currently, the Fear & Greed index is at 26 (Fear), which signals that investors have a negative 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.

Klaytn 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 Klaytn is positioned in the market right now.

Period Daily Simple Daily Exponential Weekly Simple Weekly Exponential
MA3 $ 0.182619 (BUY) $ 0.186320 (BUY)
MA5 $ 0.184536 (BUY) $ 0.184044 (BUY)
MA10 $ 0.186408 (BUY) $ 0.184328 (BUY)
MA21 $ 0.180108 (BUY) $ 0.183864 (BUY) $ 0.218592 (SELL) $ 0.242861 (SELL)
MA50 $ 0.194677 (SELL) $ 0.188658 (SELL) $ 0.590438 (SELL) $ 0.504572 (SELL)
MA100 $ 0.195745 (SELL) $ 0.211745 (SELL) $ 1.08 (SELL) $ 0.717318 (SELL)
MA200 $ 0.242098 (SELL) $ 0.330172 (SELL)
Period Value Action
RSI (14) 50.85 NEUTRAL
Stoch RSI (14) 58.93 NEUTRAL
Stochastic Fast (14) 58.75 NEUTRAL
Commodity Channel Index (20) 66.67 NEUTRAL
Average Directional Index (14) 18.68 NEUTRAL
Awesome Oscillator (5, 34) 0.00 NEUTRAL
Momentum (10) 0.01 NEUTRAL
MACD (12, 26) 0.00 NEUTRAL
Williams Percent Range (14) -41.25 NEUTRAL
Ultimate Oscillator (7, 14, 28) 44.14 NEUTRAL
VWMA (10) 0.19 SELL
Hull Moving Average (9) 0.18 BUY
Ichimoku Cloud B/L (9, 26, 52, 26) 0.18 NEUTRAL

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 Klaytn is at 50.85, suggesting that KLAY is currently neutral.

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

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

The bottom line about this Klaytn prediction

After considering the above factors, we can conclude that the current forecast for Klaytn price prediction is Neutral. KLAY would have to decrease by -11.05% to hit our $ 0.167802 target within the next five days. Moving forward, it will be important to monitor the KLAY 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 Klaytn 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.

Leave a Reply

Your email address will not be published. Required fields are marked *