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.
Kusama is down -3.97% today against the US Dollar
KSM/BTC decreased by -3.52% today
KSM/ETH decreased by -3.80% today
Kusama is currently trading 10.14% below our prediction on Jan 04, 2023
Kusama dropped -13.79% in the last month and is down -91.38% since 1 year ago
Kusama price $ 24.44 Kusama prediction $ 27.19 (11.29%) Sentiment Bearish Fear & Greed index 28 (Fear) Key support levels $ 24.93, $ 24.22, $ 23.84 Key resistance levels $ 26.02, $ 26.40, $ 27.11
KSM price is expected to rise by 11.29% in the next 5 days according to our Kusama price prediction
Kusama price today is trading at $ 24.44 after losing -3.97% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -3.17% in the same time period. KSM performed poorly against BTC today and recorded a -3.52% loss against the world’s largest cryptocurrency.
According to our Kusama price prediction, KSM is expected to reach a price of $ 27.19 by Jan 04, 2023. This would represent a 11.29% price increase for KSM in the next 5 days.
KSM Price Prediction Chart
Buy/Sell Kusama
What has been going on with Kusama in the last 30 days
Kusama has been displaying a negative trend recently, as the coin lost -13.79% in the last 30-days. The medium-term trend for Kusama has been bearish, with KSM dropping by -41.60% in the last 3 months. The long-term picture for Kusama has been negative, as KSM is currently displaying a -91.38% 1-year price change. On this day last year, KSM was trading at $ 283.49.
Kusama reached its all-time high price on May 18, 2021, when the price of KSM peaked at $ 623.25. The current KSM cycle high is $ 31.71, while the cycle low is at $ 21.84. KSM has been displaying low volatility recently – the 1-month volatility of the coin is at 8.19. Kusama recorded 14 green days in the last 30 days.
Kusama technical analysis for today - Dec 30, 2022
The sentiment in the Kusama markets is currently Bearish, and the Fear & Greed index is reading Fear. The most important support levels to watch are $ 24.93, $ 24.22 and $ 23.84, while $ 26.02, $ 26.40 and $ 27.11 are the key resistance levels.
Bearish sentiment for Kusama
3 indicators are currently signaling a bullish prediction for Kusama, while 25 indicators are showing a bearish forecast. With 89% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Kusama.
Crypto market is currently experiencing Fear
Currently, the Fear & Greed index is at 28 (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.
Kusama 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 Kusama is positioned in the market right now.
Period Daily Simple Daily Exponential Weekly Simple Weekly Exponential MA3 $ 25.25 (SELL) $ 25.64 (SELL) - - MA5 $ 25.30 (SELL) $ 25.34 (SELL) - - MA10 $ 25.08 (SELL) $ 25.31 (SELL) - - MA21 $ 26.28 (SELL) $ 25.93 (SELL) $ 37.74 (SELL) $ 38.84 (SELL) MA50 $ 26.55 (SELL) $ 27.90 (SELL) $ 83.02 (SELL) $ 86.03 (SELL) MA100 $ 32.49 (SELL) $ 33.51 (SELL) $ 204.98 (SELL) $ 125.11 (SELL) MA200 $ 42.96 (SELL) $ 54.08 (SELL) - -
Period Value Action RSI (14) 45.13 NEUTRAL Stoch RSI (14) 100.00 SELL Stochastic Fast (14) 42.42 NEUTRAL Commodity Channel Index (20) -66.67 NEUTRAL Average Directional Index (14) 24.41 NEUTRAL Awesome Oscillator (5, 34) -2.10 NEUTRAL Momentum (10) 1.45 BUY MACD (12, 26) 0.05 NEUTRAL Williams Percent Range (14) -57.58 NEUTRAL Ultimate Oscillator (7, 14, 28) 55.49 NEUTRAL VWMA (10) 25.08 BUY Hull Moving Average (9) 25.54 BUY Ichimoku Cloud B/L (9, 26, 52, 26) 27.90 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 Kusama is at 45.13, suggesting that KSM is currently neutral.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Kusama over the last 50 days. Currently, Kusama 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 KSM closing price for the last 200 days. KSM is now trading above the SMA 200, signaling that the market is currently bullish.
The bottom line about this Kusama prediction
After considering the above factors, we can conclude that the current forecast for Kusama price prediction is Bearish. KSM would have to increase by 11.29% to hit our $ 27.19 target within the next five days. Moving forward, it will be important to monitor the KSM 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 Kusama 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.
