A large surge in volume took place yesterday showing there are buyers waiting to get in at a low price. This occurred in the domain of where the last impulse's correction ended, providing a confirmation of the support zone. The Bollinger Bands haven't contracted since the price explosion in February. Narrowing bands are a sign that there is lowering volatility, and can indicate upcoming high volatility in the form of a breakout. The price residing in the lower half of the bands indicates that this asset is oversold, and is a sign of a good entry point. Both MACD and Stoch RSI look in position for some gains.
All of these lead me to believe we are approaching the next breakout. The length of the impulse preceding a descending channel like the one here is a rough estimate for how high the next impulse can go. This is shown with the dotted white lines.
Price prediction is between 21 and 29 cents by the end of the month. Those that are patient will be rewarded with this one.
The Klever team has delivered on their roadmap consistently, with all of their goals being well within reason. Check out the rest of the roadmap for this year:
2021 Q2
Klever Exchange (Mobile)
Klever Browser (Mobile)
2021 Q3
Klever 5
Klever Bank
Klever Blockchain (Testnet)
2021 Q4
Klever Hardware Wallet
Klever Exchange for Desktop
Klever Blockchain 1.0 (Mainnet)
KLV and KFI Swap to Mainnet
Pre-Staking (Validators)