The Artificial Intelligence (AI) sector is down
Kite is part of the Artificial Intelligence (AI) sector, which is −7.4% today. KITE is moving with its sector.
Artificial Intelligence (AI) sector →
why / kite
Why is Kite down today?
Kite (KITE) is down 7.4% in the last 24 hours, trading at $0.1039. Its sector, Artificial Intelligence (AI), is −7.4% today. That is 5.0% worse than the whole crypto market (−2.4%), so part of the move is specific to Kite.
KITE 24h−7.43%
Whole market 24h−2.39%
Bitcoin 24h−2.66%
Link to BTC (30d)0.55
Volume vs normal2.8×
Artificial Intelligence (AI) sector−7.35%
signals
What is moving Kite
Strongest signals first.
Doing worse than the market
The total crypto market is −2.4% in 24 hours. KITE is −7.4%, 5.0% worse than the market, so part of the move is specific to Kite.
Why is the crypto market moving? →Trading volume is 2.8× normal
At today's pace, KITE trades about 2.8 times its 30-day average volume. Heavy volume means many traders are acting on the move, which makes it more meaningful.
Partly follows Bitcoin
Over the last 30 days, KITE's daily moves had a 0.55 correlation with Bitcoin (1 means identical direction). A moderate link. Bitcoin is −2.7% today.
Bitcoin price →Lowest price in 30 days
KITE at $0.1039 is below every daily close of the past month (previous low $0.1078). Breaking a recent low can trigger stop-loss selling.
Weak month
KITE is −14% this week and −24% over 30 days, so today's move continues the monthly trend.
Market mood: Fear (30)
The Crypto Fear & Greed Index reads 30 out of 100, down from 51 yesterday. Sentiment is not extreme either way.
Fear & Greed Index →Liquidations, funding and open interest
See whether leveraged traders are being forced out of KITE positions right now, on the chart, in the Blockdeck app.
See VIP layers →next
Keep exploring Kite
faq
Questions
Why is Kite down today?
Kite (KITE) is down 7.4% in the last 24 hours, trading at $0.1039. Its sector, Artificial Intelligence (AI), is −7.4% today. That is 5.0% worse than the whole crypto market (−2.4%), so part of the move is specific to Kite.
Will Kite go back up?
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: KITE is −13.69% over 7 days and −23.85% over 30 days. Check the live chart and the signals above, and never trade more than you can afford to lose.
How is this explanation made?
From measured market data, refreshed every few minutes: the whole market's move, KITE's link to Bitcoin over 30 days, its sector, trading volume against its 30-day average, recent news, where the price sits in its range, and market sentiment. Nothing here is guessed or written by hand.
Explanations are built from market data and are not financial advice.