Kyber Network (KNC) Rallies To New ATH: Here’s Why $2 Seems Possible

KNC Price Could Rally To $2.000 In the past few days, kyber network token price started a significant rally from the $0.5000 support against the US Dollar. Source: TradingView.comThe 23.6% Fib retracement level of the recent rally from the $1.009 low to $1.676 high is also near the $1.510 level to provide support.

The $1.345 support is also close to the 50% Fib retracement level of the recent rally from the $1.009 low to $1.676 high. Any further losses may perhaps put pressure on the bulls and the price could dive towards the trend line support near the $0.900 level in the near term.

Timeline of Kyber-network