KAITO (KAITOUSD) Presents Strong Resistance Level at $1.467

KAITO (KAITOUSD) Price Forecast: September 29

Today, the KAITOUSD pair is gaining traction, presenting a strong resistance level with increased trading volume, reaching a high of $1.467, which reflects growing investor interest. The coin price is firm above the supply level. Thus, a further increase in the bulls’ pressure may break through the previous barrier at $2.391 and extend to an upper resistance at $2.420, reflecting investors’ high interest in the token.

Key Levels:
Resistance Levels: $1.560 $1.561, $1.562
Support Levels:    $1.205, $1.204, $1.203

KAITO (USD) Long-term Trend: Bullish (Daily Chart)

KAITO market today presents a strong resistance level. It remains bullish on the higher time frames. This is clear as prices are trading above the crucial zone. This indicates a robust bullish trend. However, the recent market has favored the bulls.
The continuous buying pressure from bulls in the past few days has enhanced the crypto a strong resistance level in its recent high.

The KAITOUSD pair hints at notable resistance at $1.467 above the EMA-50 shortly after the daily chart opened today, indicating that buy investors are trading the coin.

Therefore, if the bulls can increase their buying tension, the price tendency might reach the $2.391 high, presenting a strong resistance and a buy signal for interested traders.

Notably, the KAITO price is pointing upwards on the daily stochastic, suggesting that the coin price may continue in an upward direction and soon touch the $2.420 upper resistance trend line, as it experiences a remarkable surge.

KAITO (USD) Medium-term Trend: Bullish (4H Chart)

The market value of KAITOUSD presents a strong resistance level in its medium-term outlook.
The crypto price is strengthened above the supply levels, indicating a bullish momentum. The pair moved to $1.193 in the last session, sustaining its recent gains.

Today, the bulls add more energy and drive the KAITO price action to a $1.467 high point above the EMA-50, as the 4-hourly chart resumes.

Therefore, if the crypto price sustains above the $1.550 high level, the potential rally could surge higher to the significant level at the upper resistance level, signaling a strong resistance level.

Additionally, there is likely to be a further increase in the price of KAITOUSD as indicated by the daily signal pointing upwards.

As a result, the coin price may reach the $1.563 resistance level as the crypto presents a strong resistance level in its medium-term.

Buy KAITO on eightcap.com