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KSMUSD

KSM: utility and governance goldKUSAMA KSM, the official test net of Polkadot is one of the most fundamentally strong projects in crypto. (research why yourself) With the launch of their parachains and full testnet we basically see a roll out of Polkadot v1.0 with numerous clients and partners. Although it is a testnet; it does offer the full Polkadot feature set and is the first one to launch innovations... LONG TERM The governance / utility token KSM is an amazing scarce asset with great token economics (most of them released) and is still undervalued in marketcap. By the end of the year I expect Kusama to be between a 15 and 20bn marketcap, but even more is possible depending on adoption. Long term KSM tokens will be like governance gold and I expect Polkadot and Kusama to play a major role in Web 3.0, Defi and intra-chain connectivity. I definitely see KSM and DOT both respectively push projects like ADA, THETA , DOGE, BCH, LUNA and LTC from the top spots. TOKEN ECONOMICS Market Cap: $4,155,693,549 24 Hour Trading Vol: $548,112,535 24h Low / 24h High: $413.74 / $501.87 Circulating Supply: 8,980,098 / 10,000,000 Fully Diluted Valuation: $4,627,670,561 Max Supply: 10,000,000 MID / SHORT TERM In the mid / short term we can see more growth for KSM and I see Kusama outperfom BTC, ETH and other major alts for the next 4 to 6 weeks - with a price target of 600$ (+30%) in that same time.
Long
by cryptobullethbtcxlm
2
KSM/USD - Over $450! Can we still go higher?If you check my old KSM chart when we were under $100 I predicted $450 as a key target... now we are here. Impressive run from KSM. As you can see we also find ourselves in a massive ascending channel (in blue) and if that is to be taken for granted, there is still room to go up until we hit its top resistance at around $800. For that to happen we need to break this local resistance we find ourselves under right now. If we fail and fall below the yellow parabola, then KSM may take a break and consolidate like it did in late Feb/early March before a renewed push. KSM is a strong coin and performer. Well played if you entered early. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
by DU09
Kusama (KSMUSDT/KSMBTC) Potential Long Entry 2021/03/05Long Trade Setup #1: Retest and Continuation (200MAs) 1. Price Action: Price needs to move back down to the 200MAs, currently projected to be @ $190 by the time price reaches it, and bounce back up. 2. Trade Entry Confirmations: Bullish candlestick pattern, above average volume, MACD bottoming DISCLAIMER: I am NOT a financial advisor and this post is NOT financial/investment/trading advice. I am simply sharing what I am doing, and I will not be responsible for any actions you take based on the analysis and comments that I provide. The cryptocurrency market is extremely volatile, and you WILL lose all your money if you are inexperienced! DO NOT risk any money that you cannot afford to lose and always be cautious and manage your risk! What are your thoughts? Please leave your ideas and analysis in the comments below! Do give the post a like and a follow.
by cryptotraderog
🆓Kusama/USDT Analysis (28/2) #KSM $KSMThe selling pressure is dominated and very strong, so it may make KSM lose the 200$ support zone, and that would be a bearish sign If KSM can stop the decline at this 200$ zone, we could see a recovery to 240$ zone, this would be the strongest resistance in this situation 📅NEWS 👉Mar 31 : Kusama Deployment 📈BUY -Buy: 135-145$. SL if B -Buy: 95-105$. SL if B 📉SELL -Sell: 195-205$ if B. SL if A ♻️BACK-UP -Buy: 195-205$ if A. SL if B -Sell: 235-245$. SL if A -Sell: 280-290$. SL if A -Sell: 340-350$. SL if A ❓Details Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
by CryptoStation
KSM/USD - Breakout to $160! 🚀KSM has broken out from this channel which is very bullish. I expect us to test $160 levels fairly soon! 🚀 The indicators on daily are looking great and MACD just had a positive cross with good volume, this is very bullish. The next significant resistance is just above $160 which will likely stop us in our ascent for a while, but I don't expect it to keep us down long as the market is very bullish and KSM is a great coin with a lot of potential. I see us go to $400-$500 longer term. Should we be rejected sharply at $160 we have good support at $120 as of right now. Like and follow if you liked this idea! Also join my crypto community to stay in touch!
Long
by DU09
1
KSM/USD - Buy opportunity incoming!KSM is currently correcting like all the market and will present a good buy opportunity at the support line of this massive ascending channel. The support line at $75 is likely to hold as we will be at the channel support, 50 Moving Average support (in yellow) and local support line as indicated by the Fib level. Therefore buying anywhere under $80 up to $70 seems like a good idea. If we break the channel down, then we may fall to low $50, but I find that unlikely unless BTC crashes to 20k or so. Make sure to set limit buy orders to catch any wick if you are confident in this idea! One area of concern is the weekly timeframe where we have a massive bearish divergence on RSI. Hard to say how this will resolve. Like and follow if you liked this idea!
Long
by DU09
6
KSM/USD - Amazing bull run! Where is the top?! $400?KSM or Kusama has done a rare chart that I have not seen in a while. It's been moving up on this support line since March 2020! Any buy when the price touched the support line was an instant profit, EVERY TIME. I count at least 12 times. So for how long can this momentum last? I believe we still have fuel in the tank that can propel us to $150 and once pass that $400 is in reach. The indicators + volume also look good to me. This idea will be invalidated as soon as we drop under the support line and we re-test it as resistance. That will also signal that this bull run is over and we're due for a significant correction. For now we may also face some resistance represented by middle line in this ascending channel which is also close to the $150 value. As such, watch the price action, because if we happen to fall to support, that may give us a great buy opportunity. Like and follow if you liked this idea!
Long
by DU09