Doing better than the market
The total crypto market is −4.7% in 24 hours. KNC is +2.3%, 7.0% better than the market, so part of the move is specific to Kyber Network Crystal.
Why is the crypto market moving? →
why / knc
Why is Kyber Network Crystal up today?
Kyber Network Crystal (KNC) is up 2.3% in the last 24 hours, trading at $0.1218. That is 7.0% better than the whole crypto market (−4.7%), so part of the move is specific to Kyber Network Crystal. Trading volume is running at 2.6× its 30-day average.
KNC 24h+2.26%
Whole market 24h−4.73%
Bitcoin 24h−5.14%
Link to BTC (30d)0.60
Volume vs normal2.6×
Exchange-based Tokens sector−5.62%
signals
What is moving Kyber Network Crystal
Strongest signals first.
Trading volume is 2.6× normal
At today's pace, KNC trades about 2.6 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, KNC's daily moves had a 0.60 correlation with Bitcoin (1 means identical direction). A moderate link. Bitcoin is −5.1% today.
Bitcoin price →The Exchange-based Tokens sector is down
Kyber Network Crystal is part of the Exchange-based Tokens sector, which is −5.6% today. KNC is moving against its sector, which points to coin-specific news or trading.
Exchange-based Tokens sector →A bounce inside a falling week
Despite today's +2.3%, KNC is still −6.3% over 7 days and −15% over 30 days.
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 KNC positions right now, on the chart, in the Blockdeck app.
See VIP layers →next
Keep exploring Kyber Network Crystal
faq
Questions
Why is Kyber Network Crystal up today?
Kyber Network Crystal (KNC) is up 2.3% in the last 24 hours, trading at $0.1218. That is 7.0% better than the whole crypto market (−4.7%), so part of the move is specific to Kyber Network Crystal. Trading volume is running at 2.6× its 30-day average.
Will Kyber Network Crystal go back down?
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: KNC is −6.31% over 7 days and −14.57% 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, KNC'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.