The price of Kusama is now gaining some upward momentum but the bears cannot bear this upward momentum. The bears are trying to drag the price of the KSM into their desired zone but the bulls are beating the bear’s plan to break the investors’ hopes. The price of the coin started hitting the upward trend on the 27th of July but the bears entered and manipulated the price in between now the Bulls are returning with more substantial and better approaches. These ups and downs are creating difficulties for the investors to take any further moves. The investors are eagerly waiting for any further movement over the daily price chart.

Despite getting rejected from the $516.6 mark, KSM Coin is falling gradually by making the downward wedge pattern in the daily time frame; whenever KSM Coin tries to break this rising pattern to the rising side, the sellers rattle it downward. The whole market is currently bearish according to the current market situation.

Despite getting rejected from the $516.6 mark, KSM Coin is falling gradually by making the downward wedge pattern in the daily time frame; whenever KSM Coin tries to break this rising pattern to the rising side, the sellers rattle it downward. The whole market is currently bearish according to the current market situation.

Kusama price is trying to break out from the consolidation phase over the daily price chart. KSM Crypto is trading below 20, 50, 100a nd 200-days Daily Moving Average. The pair of KSM/BTC is at 0.002392 BTC with an intraday gain of 3.06%. On the daily chart, KSM price is presently struggling to maintain its current position while maintaining a sharp downward trend.

On the daily price chart, the Kusama price is moving sharply downward and is trading below the consolidation phase at 2021 lows.