Kyber Network Crystal v2 Is Getting Bounced With A Hidden Bullish Divergence | KNC Price Prediction 2022

Hi friends hope you are well, and welcome to the new update on KNC.

Previously during the market crash, on a weekly time frame, KNC broke down the support of a very big up channel, and now it is trying to re-enter the same channel. KNC has also formed a double bottom at $1.07 support as well.

Now on a daily time frame, KNC has formed an up channel and getting bounced from the support of this channel, and there is also a hidden bullish divergence flashed on this daily chart, as priceline is forming a higher low and RIS is setting a lower low.

Now if KNC breaks out the resistance of this channel then it can also re-enter the bigger channel on the weekly time frame chart as well.