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KIMA Price Decline and Active Trading Volumes: Market Analysis

KIMA Price Decline and Active Trading Volumes: Market Analysis

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by Giorgi Kostiuk

a month ago


KIMA, the native token of Kima Network, has experienced notable price fluctuations following a high-activity market debut. The latest price stands at $0.0813, reflecting a daily decline of 8.6%. Despite this, the project retains a stable support base.

Trading Volumes Remain Active

Despite the token price retracting, Kima continues to attract trading activity. The reported trading volume for the KIMA/WETH pair stands at 392.64K, reflecting ongoing market participation.

Key Support Holds as Short-Term Consolidation Persists

Support levels remain firm, with KIMA finding a floor near $0.07897. This level has been repeatedly tested over the past 24 hours, but buyers have stepped in to intervene at this level.

Resistance Zone Nears as Price Pushes Higher

Currently, KIMA approaches its immediate resistance at $0.08905, which was previously tested but rejected. Market structure indicates repeated attempts against this resistance with accumulating price momentum.

At this time, KIMA token demonstrates signs of consolidation within the price range of $0.07897 to $0.08905. Ongoing trading volumes indicate continued investor interest.

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