Klaytn (KLAY) Price Prediction 2025, 2026-2030

Explore short and medium-term Klaytn price prediction analysis and check long-term Klaytn forecasts for 2025, 2030, and beyond.

5-Day Prediction
$ 0.187083
1-Month Prediction
$ 0.188657
3-Month Prediction
$ 0.193935
6-Month Prediction
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1-Year Prediction
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2030 Prediction
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2040 Prediction
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2050 Prediction
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Current Price $ 0.188105
Price Prediction $ 0.188657  (1.04%)
Fear & Greed Index 42 (Fear)
Sentiment Bullish
Volatility 20.53%
Green Days 18/30 (60%)
50-Day SMA $ 0.128193
200-Day SMA $ 0.12485
14-Day RSI 67.04

According to our current Klaytn price prediction, the price of Klaytn is predicted to rise by 1.04% and reach $ 0.188657 by July 22, 2025. Per our technical indicators, the current sentiment is Bullish while the Fear & Greed Index is showing 42 (Fear). Klaytn recorded 18/30 (60%) green days with 20.53% price volatility over the last 30 days. Based on the Klaytn forecast, it's now a good time to buy Klaytn.

$
≈ $ 43.41

If you invest $ 1,000.00 in Klaytn today and hold until Oct 15, 2025, our prediction suggests you could see a potential profit of $ 43.41, reflecting a 4.34% ROI over the next 113 days (fees are not included in this estimate).

Disclaimer: This is not investment advice. The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

Short-Term Klaytn Price Targets

DatePredictionPotential ROI
Jun 23, 2025$ 0.186723
0.73%
Jun 24, 2025$ 0.186813
0.69%
Jun 25, 2025$ 0.186903
0.64%
Jun 26, 2025$ 0.186993
0.59%
Jun 27, 2025$ 0.187083
0.54%

The price of Klaytn is predicted to trend downward in the coming days, dipping as low as $ 0.00 by Invalid Date. This would represent a -100.00% dip compared to today’s rates.

Prediction Table

20252026202720282029203020402050
MonthMin. PriceAvg. PriceMax. PricePotential ROI
Jun 2025$ 0.186723$ 0.187947$ 0.188773
0.35%
Jul 2025$ 0.188347$ 0.189018$ 0.190756
1.41%
Aug 2025$ 0.190924$ 0.192736$ 0.194107
3.19%
Sep 2025$ 0.1942$ 0.195401$ 0.196271
4.34%
Oct 2025$ 0.19304$ 0.194347$ 0.19561
3.99%
Nov 2025$ 0.192376$ 0.1926$ 0.192952
2.58%
Dec 2025$ 0.192016$ 0.19237$ 0.192724
2.46%

In 2025, Klaytn (KLAY) is anticipated to change hands in a trading channel between $ 0.186723 and $ 0.196271, leading to an average annualized price of $ 0.19206. This could result in a potential return on investment of 4.34% compared to the current rates.

Klaytn Price Prediction 2025

June 2025: KLAY Prediction

Heading into the summer, the price of Klaytn is forecasted to increase to $ 0.187947, following a 62.13% change in the past month. Price predictions suggest a range between $ 0.186723 and $ 0.188773, with an expected value around $ 0.187947. This could lead to a potential gain of 0.35%, indicating a bullish sentiment for the month ahead.

Potential ROI: 0.35%

July 2025: KLAY Prediction

Our market analysis anticipates a positive trend for Klaytn in July. The forecasted price range is between $ 0.188347 and $ 0.190756 for an average monthly price of $ 0.189018. Investors could experience a potential gain of 1.41% if buying KLAY at current prices.

Potential ROI: 1.41%

August 2025: KLAY Prediction

The algorithm assumes that Klaytn will increase to $ 0.192736, building off July's market momentum. Our price prediction suggests a range between $ 0.190924 and $ 0.194107. This could lead to a potential gain of 3.19% (if you’d have decided to buy KLAY at current prices), indicating a bullish sentiment for the month.

Potential ROI: 3.19%

September 2025: KLAY Prediction

After a bullish showing in August, Klaytn is predicted to rise to $ 0.195401 in September. The projected trading range is expected to span from $ 0.1942 to $ 0.196271. This suggests a positive market outlook, with a potential return of 4.34% for investors.

Potential ROI: 4.34%

October 2025: KLAY Prediction

With a positive market trend seen last month, Klaytn is expected to prolong the trend in October. The projected monthly trading range is between $ 0.19304 and $ 0.19561, with the average monthly value sitting at $ 0.194347, which would be a -0.54% decline compared to the previous month. This could offer investors a potential return of 3.99%.

Potential ROI: 3.99%

November 2025: KLAY Prediction

Forecasts for November suggest a continuation of the market trend, with a potential price increase to $ 0.1926. The expected price range lies between $ 0.192376 and $ 0.192952, influenced by last month's market performance. Investors may witness a potential gain of 2.58%, if they decide to buy KLAY at current prices and sell it at predicted rates.

Potential ROI: 2.58%

December 2025: KLAY Prediction

Klaytn is predicted to finish the year by changing hands in a trading channel between $ 0.192016 and $ 0.192724. This would entail that the price of KLAY increased by 2.27% in comparison to today’s prices (assuming December’s average price of $ 0.19237). In other words, investors would generate a potential profit of 2.46% if KLAY follows the prediction.

Potential ROI: 2.46%

Klaytn Price Prediction 2026

In 2026, Klaytn is forecasted to trade in a price channel between $ 0.190777 and $ 0.218014. On average, KLAY is expected to change hands at $ 0.20602 during the year. The most bullish month for KLAY could be December, when the currency is anticipated to trade 15.90% higher than today.

MonthMinimum PriceAverage PriceMaximum PricePotential ROI
January$ 0.190777$ 0.191174$ 0.191839
1.99%
February$ 0.191398$ 0.192116$ 0.192908
2.55%
March$ 0.192914$ 0.19306$ 0.193503
2.87%
April$ 0.19356$ 0.195286$ 0.198472
5.51%
May$ 0.198738$ 0.204697$ 0.211444
12.41%
June$ 0.211723$ 0.215151$ 0.217455
15.60%
July$ 0.212932$ 0.213887$ 0.215636
14.64%
August$ 0.213936$ 0.214375$ 0.214589
14.08%
September$ 0.210412$ 0.211767$ 0.213785
13.65%
October$ 0.209885$ 0.211476$ 0.214965
14.28%
November$ 0.212233$ 0.214482$ 0.21651
15.10%
December$ 0.212535$ 0.214769$ 0.218014
15.90%

Klaytn Price Prediction 2027

Generally speaking, Klaytn price prediction for 2027 is bullish. The KLAY cryptocurrency is forecasted to hit a high point of $ 0.230626 in August and reach a low of $ 0.206075 in April. Overall, KLAY is expected to trade at an average price of $ 0.219051 in 2027.

MonthMinimum PriceAverage PriceMaximum PricePotential ROI
January$ 0.218627$ 0.221018$ 0.222277
18.17%
February$ 0.213531$ 0.217324$ 0.220558
17.25%
March$ 0.208409$ 0.210894$ 0.213367
13.43%
April$ 0.206075$ 0.206661$ 0.208243
10.71%
May$ 0.206393$ 0.209786$ 0.214518
14.04%
June$ 0.214758$ 0.218176$ 0.22136
17.68%
July$ 0.221559$ 0.224095$ 0.225957
20.12%
August$ 0.226062$ 0.228362$ 0.230626
22.60%
September$ 0.229274$ 0.229806$ 0.230479
22.53%
October$ 0.222105$ 0.226958$ 0.229248
21.87%
November$ 0.219155$ 0.219998$ 0.221715
17.87%
December$ 0.213514$ 0.21553$ 0.218884
16.36%

Klaytn Price Prediction 2028

The outlook for Klaytn in 2028 indicates a possible uptrend, with an expected price of $ 0.213354. This represents a 13.42% increase from the current price. The asset's price is projected to oscillate between $ 0.197983 in November and $ 0.227689 in February. Investors could see a potential ROI of 21.04%, suggesting a favorable investment environment.

MonthMinimum PriceAverage PriceMaximum PricePotential ROI
January$ 0.214622$ 0.21856$ 0.225423
19.84%
February$ 0.223718$ 0.225967$ 0.227689
21.04%
March$ 0.216695$ 0.219286$ 0.223384
18.75%
April$ 0.218746$ 0.220501$ 0.220992
17.48%
May$ 0.215564$ 0.218547$ 0.220957
17.46%
June$ 0.213508$ 0.214216$ 0.215461
14.54%
July$ 0.212795$ 0.213767$ 0.214329
13.94%
August$ 0.211175$ 0.211814$ 0.212709
13.08%
September$ 0.208612$ 0.210841$ 0.211466
12.42%
October$ 0.199268$ 0.203976$ 0.208341
10.76%
November$ 0.197983$ 0.198429$ 0.199595
6.11%
December$ 0.199904$ 0.204345$ 0.208627
10.91%

Klaytn Price Prediction 2029

Following a bullish trend in the previous year, 2029 is expected to continue this momentum. Klaytn’s value is forecasted to increase, potentially reaching an average price of $ 0.233271. The price is predicted to fluctuate between a low of $ 0.199263 in March and a high of $ 0.257244 in October.

MonthMinimum PriceAverage PriceMaximum PricePotential ROI
January$ 0.209196$ 0.210885$ 0.2121
12.76%
February$ 0.202282$ 0.206113$ 0.209848
11.56%
March$ 0.199263$ 0.200408$ 0.202136
7.46%
April$ 0.200419$ 0.201342$ 0.201637
7.19%
May$ 0.201467$ 0.213973$ 0.229957
22.25%
June$ 0.230828$ 0.242639$ 0.250058
32.94%
July$ 0.250132$ 0.250788$ 0.251077
33.48%
August$ 0.250727$ 0.252209$ 0.254052
35.06%
September$ 0.254122$ 0.255159$ 0.256238
36.22%
October$ 0.256021$ 0.256675$ 0.257244
36.76%
November$ 0.254041$ 0.254926$ 0.255953
36.07%
December$ 0.253599$ 0.254133$ 0.254367
35.23%

Klaytn Price Prediction 2030

Forecasts for 2030 suggest that KLAY will experience a significant growth, with expected fluctuation ranging from $ 0.252726 to $ 0.275632. Investors might anticipate a potential ROI of 46.53%, aligning with a bullish outlook for the year.

MonthMinimum PriceAverage PriceMaximum PricePotential ROI
January$ 0.252726$ 0.253032$ 0.253453
34.74%
February$ 0.253291$ 0.253915$ 0.254487
35.29%
March$ 0.254492$ 0.254638$ 0.25506
35.59%
April$ 0.255106$ 0.256723$ 0.259492
37.95%
May$ 0.259711$ 0.264864$ 0.270182
43.63%
June$ 0.270412$ 0.272974$ 0.274668
46.02%
July$ 0.270948$ 0.271665$ 0.272839
45.05%
August$ 0.271525$ 0.272107$ 0.27231
44.76%
September$ 0.268808$ 0.269805$ 0.271401
44.28%
October$ 0.268442$ 0.270018$ 0.273106
45.19%
November$ 0.270373$ 0.272069$ 0.273891
45.61%
December$ 0.270846$ 0.272781$ 0.275632
46.53%

Klaytn Price Prediction For Years 2025, 2026, 2027, 2028, 2029, and 2030

Over the next several years, Klaytn is projected to increase, with prices potentially reaching $ 0.275632 by 2030. This represents a 46.53% gain from today's value. The long-term forecast suggests a bullish trend, with potential highs of $ 0.275632 and lows of $ 0.186723 over the period.

YearMin. PriceAvg PriceMax. PricePotential ROI
2025$ 0.186723$ 0.112035$ 0.196271
4.34%
2026$ 0.190777$ 0.20602$ 0.218014
15.90%
2027$ 0.206075$ 0.219051$ 0.230626
22.60%
2028$ 0.197983$ 0.213354$ 0.227689
21.04%
2029$ 0.199263$ 0.233271$ 0.257244
36.76%
2030$ 0.252726$ 0.265383$ 0.275632
46.53%

Klaytn Technical Analysis

Sentiment

Bullish

Based on data from June 22, 2025 at 23:55, the general Klaytn price prediction sentiment is bullish with 27 technical analysis {count, plural, =1 {indicator} other {indicators}} signaling bullish signals, and 4 signaling bearish signals.

Klaytn was last updated on June 22, 2025 at 23:55

Klaytn's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strength Index - RSI (14)

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Based on our technical indicators, Klaytn's 200-day SMA will in the next month and will hit $ 0.115239 by Jul 22, 2025. Klaytn's short-term 50-Day SMA is estimated to hit $ 0.170177 by Jul 22, 2025.

The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 67.04, which indicates that the KLAY market is in a neutral position.

Popular KLAY Moving Averages and Oscillators for Mon, Jun 23, 2025

Moving averages (MA) are a popular indicator in all financial markets, designed to smooth price action over a certain amount of time. They are a lagging indicator which means they are influenced by historical price activity. In the table below you can find two types of moving averages, simple moving average (SMA) and exponential moving average (EMA).

Daily Simple Moving Average (SMA)

PeriodValueAction
SMA 3$ 0.161893BUY
SMA 5$ 0.167573BUY
SMA 10$ 0.159893BUY
SMA 21$ 0.141665BUY
SMA 50$ 0.128193BUY
SMA 100$ 0.119321BUY
SMA 200$ 0.12485BUY

Daily Exponential Moving Average (EMA)

PeriodValueAction
EMA 3$ 0.142491BUY
EMA 5$ 0.132842BUY
EMA 10$ 0.122239BUY
EMA 21$ 0.115323BUY
EMA 50$ 0.119285BUY
EMA 100$ 0.135776BUY
EMA 200$ 0.151859BUY

Weekly Simple Moving Average (SMA)

PeriodValueAction
SMA 21-$ 0.06BUY
SMA 50-$ 0.11BUY
SMA 100-$ 0.57BUY
SMA 200-$ 0.58BUY

Weekly Exponential Moving Average (EMA)

PeriodValueAction
EMA 21$ 0.136721BUY
EMA 50$ 0.15536BUY
EMA 100$ 0.18744BUY
EMA 200$ 0.10259BUY

Klaytn Oscillators

An oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Traders use the trend indicator to discover short-term overbought or oversold conditions.

PeriodValueAction
RSI (14)67.04SELL
Stoch RSI (14)86.17SELL
Stochastic Fast (14)79.99NEUTRAL
Commodity Channel Index (20)66.67NEUTRAL
Average Directional Index (14)42.06SELL
Awesome Oscillator (5, 34)0.04NEUTRAL
Momentum (10)0.01NEUTRAL
MACD (12, 26)0.00NEUTRAL
Williams Percent Range (14)-20.01NEUTRAL
Ultimate Oscillator (7, 14, 28)63.47NEUTRAL
VWMA (10)0.17BUY
Hull Moving Average (9)0.19SELL
Ichimoku Cloud B/L (9, 26, 52, 26)0.15NEUTRAL

Klaytn Key Price Levels

Based on today's classical pivot point (P1) with the value of $ 0.186375, Klaytn has support levels of $ 0.175429, $ 0.169372, and the strongest at $ 0.158426. Similarly, Klaytn resistance levels are at $ 0.192431, $ 0.203377, and $ 0.209434.

Support Levels

#PriceStrength
S1$ 0.175429  
S2$ 0.169372  
S3$ 0.158426  

Resistance Levels

#PriceStrength
R1$ 0.192431  
R2$ 0.203377  
R3$ 0.209434  

Correlation

Over the past 7 days, Klaytn price was most positively correlated with the price of Kaia (KAIA), Sei (SEI), MetaGamesCoin (MGC), GateToken (GT), and Fasttoken (FTN) and most negatively correlated with the price of UNUS SED LEO (LEO), Hyperliquid (HYPE), BitTorrent (BTT), Story (IP), and Fartcoin (FARTCOIN).

Positively Correlated Currencies

NameCorrelation
1.000
0.871
0.627
0.512
0.485

Negatively Correlated Currencies

NameCorrelation
-0.889
-0.767
-0.754
-0.747
-0.729

Klaytn price is negatively correlated with the top 10 coins by market cap with a price of -0.327, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.390.

Currencies that are positively correlated with Klaytn indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Klaytn, a move in one direction for Klaytn would translate into a move in the opposite direction for the negatively correlated coin.

Klaytn Price Prediction FAQ

What is Klaytn's price prediction today?

Based on our Klaytn prediction chart, the price of Klaytn will increase by 0.00% and reach $ 0.186723 by Jun 23, 2025.

What is Klaytn price prediction for tomorrow?

Klaytn is predicted to gain 0.00% and reach a price of $ 0.186723 tomorrow.

What is the Klaytn price prediction for this week?

According to our Klaytn price prediction, KLAY is forecasted to trade within a price range of $ 0.186723 and $ 0.187264 this week. Klaytn will increase by 0.29% and reach $ 0.187264 by Jun 29, 2025 if it reaches the higher value target.

What is the Klaytn price prediction for next week?

The Klaytn price prediction for next week is between $ 0.187264 on the lower end and $ 0.187894 on the high end. Based on our KLAY price prediction chart, the price of Klaytn will increase by 0.34% and reach $ 0.187894 by Jul 06, 2025 if it reaches the upper price target.

What is the Klaytn price prediction for 2025?

Klaytn is forecasted to trade within a range of $ 0.186723 and $ 0.196271. If it reaches the upper price target, KLAY could increase by 4.34% and reach $ 0.196271.

What is the Klaytn price prediction for 2026?

According to our Klaytn price prediction, KLAY is forecasted to trade within a price range of $ 0.186723 and $ 0.196271 next year. Klaytn will increase by 4.34% and reach $ 0.196271 if it reaches the higher value target for 2026.

What is the Klaytn price prediction for 2030?

The Klaytn price prediction for 2030 is between $ 0.199263 on the lower end and $ 0.257244 on the high end. Based on our KLAY price prediction chart, the price of Klaytn could gain 36.76% and reach $ 0.257244 if it reaches the upper price target.

Will Klaytn reach $10?

Klaytn would need to gain 5,216.18% to reach $10. According to our Klaytn prediction algorithm, the price of Klaytn will not reach $10. The highest expected price our algorithm estimates is $ 0.720935 by 2050.

Will Klaytn reach $100?

Klaytn would need to gain 53,061.77% to reach $100. According to our Klaytn prediction algorithm, the price of Klaytn will not reach $100. The highest expected price our algorithm estimates is $ 0.720935 by 2050.

Will Klaytn reach $1,000?

Klaytn would need to gain 531,517.66% to reach $1,000. According to our Klaytn prediction algorithm, the price of Klaytn will not reach $1,000. The highest expected price our algorithm estimates is $ 0.720935 by 2050.

What is the current {name}} sentiment?

The current Klaytn sentiment is bullish according to our technical analysis. The majority of technical indicators are showing buy.

What is the Klaytn Fear & Greed Index and what does it indicate?

Currently, the Klaytn Fear & Greed Index stands at 42, which means that investors’ sentiment is in the so-called Fear zone.

The Fear & Greed Index combines several market and investment indicators, including 30- and 90-day volatility, trading volume, social media activity, and Google Trends data. The Fear & Greed Index can be a useful measure of Klaytn investors’ sentiment, and is based primarily on Bitcoin-related market data.

Overall, the Fear & Greed Index indicates the current sentiment of the market, as follows: 0-24 extreme fear, 25-49 fear, 50 neutral, 51-75 greed, and 76-100 extreme greed. Some traders interpret a prevalent negative sentiment as a good buying opportunity, while a prevalent positive sentiment can be a good opportunity to sell.

Is it profitable to invest in Klaytn?

Over the last 30 days, Klaytn had 18/30 (60%) green days. According to our historical data, it is currently profitable to invest in Klaytn. The price of Klaytn increased by 17.42% in the last 1 year The price of by in the last 1 year..

Is Klaytn a good buy in 2025?

Based on multiple technical quantitative indicators, the current forecast for Klaytn in 2025 is bullish. This could be an indication that Klaytn is a good buy in 2025. However, it’s important to consider both technical factors (price history) and fundamental factors (on-chain activity and development) before making the decision to buy Klaytn or not.

What will the price of Klaytn be next week?

According to our Klaytn forecast, the price of Klaytn will increase by 0.19% over the next week and reach $ 0.187083 by June 27, 2025.

What will the price of Klaytn be next month?

According to our Klaytn forecast, the price of Klaytn will increase by 1.04% over the next month and reach $ 0.188657 by July 22, 2025.

What is Klaytn's 50-Day SMA and what does it indicate?

Klaytn’s 50-day SMA (simple moving average) is currently . The 50-day SMA indicates the average price of Klaytn over a 50-day period. The 50-day SMA is commonly used to gauge the price trend of an asset over an intermediate period of time. A rising 50-day SMA indicates a positive KLAY price trend in the medium term, while a dropping SMA indicates the opposite.

The 50-day SMA is calculated by adding together Klaytn’s closing prices in the last 50 days, and dividing the total by 50.

What is Klaytn's 200-Day SMA and what does it indicate?

Klaytn’s 200-day SMA is currently . The 200-day SMA is a popular indicator that’s used to determine an asset’s long-term price trend. A rising Klaytn 200-day SMA indicates a positive long-term trend. Meanwhile, a falling 200-day SMA shows that KLAY has been trending downwards over the long term.

Many cryptocurrency traders pay close attention to the markets when the current Klaytn price crosses an important moving average like the 200-day SMA.

The 200-day SMA is calculated by taking Klaytn’s closing prices in the last 200 days, adding them together, and dividing the total by 200.

What is Klaytn's 14-day RSI and what does it indicate?

Klaytn’s 14-day RSI is at , indicating that is currently neutral.

The RSI (Relative Strength Index) is a very popular technical indicator used to analyze prices of a variety of assets, including Klaytn. Most commonly, the RSI is used on a 14-day time frame. The RSI is used to gauge momentum in the market. The readings produced by the RSI indicator range from 0 to 100, with 30 and 70 being important levels. An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued.

Will Klaytn go back up?

Based on our algorithmically generated price prediction for Klaytn, the price of KLAY is expected to increase by 1.04% in the next month and reach $ 0.188657 on Jul 22, 2025. Additionally, Klaytn’s price is forecasted to gain 3.21% in the next six months and reach $ 0.192719 on Dec 19, 2025. Finally, Klaytn is expected to trade at $ 0.217297 on Jun 22, 2026, following a 16.37% value increase in one year.

How does our price prediction for Klaytn work?

The Klaytn price prediction on CoinCodex is calculated using the historical Klaytn price dataset, accounting for past volatility and market movements. In addition, the algorithm uses the cyclical nature of Bitcoin halvings, which introduce extra supply-side pressure on BTC every 4 years. This has historically played a pivotal role in cryptocurrency markets and is a major component of creating a realistic Klaytn prediction.

How to read and predict Klaytn price movements?

Klaytn traders use a variety of tools to try and determine the direction in which the KLAY market is likely to head next. These tools can roughly be divided into indicators and chart patterns. When trying to predict the Klaytn price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall.

Klaytn Price Prediction Indicators

Moving averages are among the most popular Klaytn price prediction tools. As the name suggests, a moving average provides the average closing price for KLAY over a selected time frame, which is divided into a number of periods of the same length. For example, a 12-day simple moving average for KLAY is a sum of KLAY’s closing prices over the last 12 days which is then divided by 12.

In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.

50-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. If the KLAY price moves above any of these averages, it is generally seen as a bullish sign for Klaytn. Conversely, a drop below an important moving average is usually a sign of weakness in the KLAY market.

Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the KLAY price.

How to read Klaytn charts and predict price movements?

Most traders use candlestick charts, as they provide more information than a simple line chart. Traders can view candlesticks that represent the price action of Klaytn with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. 1-hour, 4-hour and 1-day candlestick charts are among the most popular.

Let’s use a 1-hour candlestick chart as an example of how this type of price chart gives us information about opening and closing prices. The chart is divided into “candles” that give us information about Klaytn’s price action in 1-hour chunks. Each candlestick will display KLAY’s opening price, closing price, as well as the highest and lowest prices that Klaytn reached within the 1-hour period.

It’s also important to pay attention to the color of the candle – a green candle means that the closing price was higher than the opening price, while a red candle tells us the opposite. Some charts will use hollow and filled candlestick bodies instead of colors to represent the same thing.

What affects the price of Klaytn?

Just like with any other asset, the price action of Klaytn is driven by supply and demand. These dynamics can be influenced by fundamental events such as block reward halvings, hard forks or new protocol updates. Regulations, adoption by companies and governments, cryptocurrency exchange hacks, and other real-world events can also affect the price of KLAY. The market capitalization of Klaytn can change significantly in a short period of time.

When trying to make a Klaytn forecast, many traders also try to monitor the activity of KLAY “whales”, which are entities and individuals that control large amounts of KLAY. Since the Klaytn market is relatively small compared to traditional markets, “whales” can single-handedly have a big influence on Klaytn’s price movements.

Bullish and bearish price prediction patterns

Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.

Here are some of the most commonly followed bullish candlestick patterns:

Here are some common bearish candlestick patterns:

  • Hammer
  • Bullish Engulfing
  • Piercing Line
  • Morning Star
  • Three White Soldiers
  • Bearish Harami
  • Dark Cloud Cover
  • Evening Star
  • Shooting Star
  • Hanging Man
DISCLAIMER: Not Investment Advice
The information provided is for general information purposes only. No information, materials, services and other content provided on this page constitute solicitation, recommendation, endorsement or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

KLAY
Klaytn
$ 0.188105
1.81% Last 24h
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