{"id":38427,"date":"2022-10-26T13:08:40","date_gmt":"2022-10-26T17:08:40","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=38427"},"modified":"2022-10-26T13:08:42","modified_gmt":"2022-10-26T17:08:42","slug":"klaytn-klay-cracks-30-gains","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/klaytn-klay-cracks-30-gains\/","title":{"rendered":"Klaytn (KLAY) Cracks 30% Gains"},"content":{"rendered":"\n
Klaytn failed to move higher above $0.3 because the price fell sharply to a key support area at $0.2. The price of KLAY is still holding strong above the 50 Exponential Moving Average<\/a> (EMA) as the price tries to move up toward $0.4.<\/h5>\n\n\n\n
\"Klaytn
Klaytn (KLAY) Cracks 30% Gains<\/figcaption><\/figure>\n\n\n\n

Klaytn (KLAY) has kept its strong price trend as it nears $0.3, an area where it was rejected before. With a few exceptions, the cryptocurrency market hasn't been very volatile in the past few weeks. Many altcoins and major players like Bitcoin (BTC) and Ethereum (ETH) have stayed in a range.<\/p>\n\n\n\n

Klaytn (KLAY) has had a great time rallying, with the price aiming for a possible high of $0.4. This is despite the fact that the market is uncertain. (Information from Binance.)<\/p>\n\n\n\n

Klaytn (KLAY) Price Analysis On The Weekly Chart.<\/h2>\n\n\n\n

Even though many altcoins<\/a> have had trouble moving in a range market, KLAY's price has been a standout. It has rallied and held strong at key support zones, showing that buyers are strong and not willing to give prices to sellers.<\/p>\n\n\n\n

KLAY's price recently fell from an all-time high of more than $4 to around $0.13 before going up to a high of $0.3. The price of KLAY had trouble going up when it hit $0.3.<\/p>\n\n\n\n

After the price of KLAY was turned down at $0.3, it fell to around $0.13, where it seemed to have formed strong Support and, most likely, a demand zone for future buy orders. KLAY rose from $0.13 to a high of $0.2 as the price broke above to rise with more strength to $0.3, where it met resistance<\/a> and fell back to $0.2.<\/p>\n\n\n\n

Overall, the structure of KLAY<\/a> looks good, and the price is likely to test the $0.3 and higher ranges again. If KLAY can't stay above $0.2, it may try again to reach $0.15.<\/p>\n\n\n\n

Weekly resistance for the price of KLAY \u2013 $0.3.<\/p>\n\n\n\n

Weekly Support for the price of KLAY \u2013 $0.2-0.15.<\/p>\n\n\n\n

Price Analysis Of KLAY On The Daily (1D) Chart<\/h2>\n\n\n\n
\"\"
Daily KLAY Price Chart | Source: KLAYUSDT On\u00a0Tradingview.com\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>
<\/figcaption><\/figure>\n\n\n\n

After breaking out of its descending triangle on the daily timeframe, the price of KLAY continues to hold strong and trade above the key Support at 50 EMA. The 50 EMA<\/a> acts as a support for the KLAY price, which is currently at $0.19.<\/p>\n\n\n\n

If this area is broken and stayed broken, the price of KLAY would go back down to $0.15. For the price of KLAY to go up, it needs to stay above $0.2.<\/p>\n\n\n\n

Daily resistance for the KLAY price \u2013 $0.25-$0.3.<\/p>\n\n\n\n

Daily Support for the KLAY price \u2013 $0.15.<\/p>\n","protected":false},"excerpt":{"rendered":"

Klaytn failed to move higher above $0.3 because the price fell sharply to a key support area at $0.2. The price of KLAY is still holding strong above the 50 Exponential Moving Average (EMA) as the price tries to move up toward $0.4. Klaytn (KLAY) has kept its strong price trend as it nears $0.3, […]<\/p>\n","protected":false},"author":39,"featured_media":38431,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26],"tags":[326,152,11063],"class_list":["post-38427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrencies","tag-binance","tag-bitcoin","tag-klaytn"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/10\/image-164.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/38427","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=38427"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/38427\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/38431"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=38427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=38427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=38427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}