$QKC As of the latest updates, QKC is trading at approximately $0.011216, with a minor decrease of 0.82% over the past 24 hours. This price reflects a market cap of around $78.79M.
Technical Indicators:
Short-term:
The technical analysis suggests a 'buy' signal based on daily charts, but the weekly rating also indicates 'buy', while the monthly rating remains neutral, hinting at potential volatility. This suggests that while there might be short-term buying opportunities, the longer-term outlook requires caution.
Moving Averages:
According to CoinCodex, QKC's 200-day Simple Moving Average (SMA) is expected to rise, potentially hitting $0.010362 by January 05, 2025, with the 50-day SMA projected at $0.012114 for the same date. This indicates a slightly bullish trend in the immediate future.
Relative Strength Index (RSI):
Currently, QKC's RSI is at 50.87, suggesting a neutral market condition, neither overbought nor oversold.
Market Sentiment:
Have shown optimism with some users indicating that dips in QKC price might soon be bought up, pointing towards potential price recovery or increase. However, sentiment on social platforms can be volatile and should not be the sole basis for investment decisions.
Investment Advice:
While technical analysis provides some insights, investing in cryptocurrencies like QKC involves high risk due to market volatility. The low market cap of QKC means its price can be easily manipulated, which adds another layer of risk for investors. Therefore, any investment should be approached with caution, thorough research, and consideration of one's risk tolerance.
Not Financial Advice, DYOR!!