KAITO (KAITOUSDT) Price Remains Bullish at $1.779 Level

KAITO (KAITOUSDT) Price Forecast: May 13

Today, the KAITOUSDT price remains bullish at the $1.779 level as the crypto market sparked renewed optimism among investors, with the token showing upward momentum. The coin has seen a significant bullish trend in the past few hours. If the coin closes above a $1.980 high mark, the accelerated buying pressure may increase the coin price to the $2.000 upper resistance level as the coin price continues to grow in the evolving crypto market.

Key Levels:
Resistance Levels: $1.778, $1.779, $1.780
Support Levels: $0.696, $0.695, $0.694

KAITO (USDT) Long-term Trend: Bullish (4H Chart)

Despite the inflows from the sell traders, the KAITO price remains bullish on its higher time frame. The upward trend might continue, but the pair remains in an uptrend.
The sustained trend by the bulls to a $1.745 high level has enabled the altcoin price to maintain and remain in an uptrend in its recent high.

Today, the KAITOUSDT price remains bullish at the $1.779 supply level as the 4-hour chart resumes, indicating a greater impact on the crypto. Thus, more upsides are possible as new entries are trading in the crypto market.

Therefore, a bullish breakout from the current resistance at $1.779 point could trigger the recovery pattern and drive the token price higher to hit the $1.980 supply value, reflecting growing confidence among investors in an uptrend market.

Additionally, under the influence of this market level, the KAITO price could rise steadily and break the previous high at the $1.980 level to reach the $2.000 upper resistance level in the days ahead as the crypto price remains or maintains its bullish trend in the long-term perspective.

KAITO (USDT) Medium-term Trend: Bullish (1H Chart)

On the 1-hour chart, prices of KAITOUSDT remain bullish, resulting in a 2.46% increase in the market value. The prices are above the moving averages and have confirmed a bullish momentum, breaking the previous high.
The sustained bullish pressure to a $1.745 high level in the previous action has led to the crypto’s recent high.

The coin price at $1.779 supply level above the EMA-50, as the 1-hour chart commences, suggests an uptrend.

The market is reacting to this pattern, and its breakout should provide a good buy entry opportunity. Hence, the investors buying at this supply can expect sustained growth above the $1.980 price level.

Additionally, the price signal is pointing upward, suggesting a positive move.

In this scenario, the medium-term view for KAITOUSDT suggests that the price may rise and remain bullish to hit the $2.000 supply mark soon in its medium-term forecast.

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