the KENDU crypto continues to surge
The KENDU price had started with consolidation in price, and slowly gained pace after May's first week, the bull's interest increased and the price started increasing and was registering new peaks above previous swing highs, which looked like a formation of the upper trendline resistance.
Thereafter, the price broke out of the trendline hurdle on June 6th, from taking support from the key support area at $0.000050.
At press time, the KENDU has traded at $0.00019 with a 3.57% intraday gain, and traded above dynamic support of 50-day EMA.
A few more tools such as MACD and RSI also illustrates the growth in KENDU crypto. But, the RSI has flashed at 91.18, which is an extremely overbought territory, the bullish strength could be capped, so investors and readers should stay cautious.
Therefore, if the KENDU crypto continues to surge, the new targets would be $0.00030, and $0.00035.
But, if it fails below $0.00015, then bearishness could increase, and the next support would be the $0.00010 mark.
Thereafter, the price broke out of the trendline hurdle on June 6th, from taking support from the key support area at $0.000050.
At press time, the KENDU has traded at $0.00019 with a 3.57% intraday gain, and traded above dynamic support of 50-day EMA.
A few more tools such as MACD and RSI also illustrates the growth in KENDU crypto. But, the RSI has flashed at 91.18, which is an extremely overbought territory, the bullish strength could be capped, so investors and readers should stay cautious.
Therefore, if the KENDU crypto continues to surge, the new targets would be $0.00030, and $0.00035.
But, if it fails below $0.00015, then bearishness could increase, and the next support would be the $0.00010 mark.
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