Kishu Inu Price Prediction 2021 – Will KISHU Hit $0.00000009 Soon?

This Kishu Inu (KISHU) Price Prediction 2021 article is based on technical analysis alone. Below, you will see the key metrics that we have taken into consideration upon coming up with our KISHU price analysis and prediction.

There are various cryptocurrencies that rose to a new all-time during this 2021 bull run. In contrast, some crypto assets also faced a price drop. As a result, many digital currency traders are worried about whether it is time to hold or sell their digital assets. This is also the same situation that crypto traders could experience in KISHU.

Nevertheless, the crypto market is consolidating lately, and many cryptocurrencies are losing their previous profits. Will KISHU experience the same price volatility? We’ll find out shortly in this KISHU price analysis 2021 article. But first, let’s have a look at what KISHU is.

What is Kishu Inu (KISHU)?

In April 2021, the Kishu Inu was created with the aim of being a decentralized meme project with real purpose. More so, the KISHU’s mission is to bring famous crypto concepts to the mainstream. Moreover, KISHU introduces holders to next-gen ideas such as participation rewards, NFTs, decentralized exchanges, and many more.

By the first month of the project launch, KISHU created history by surging a $2 billion market cap and more than 100,000 holders. Notably, this is not a precedent milestone for a project of that kind, and however, proved the world’s belief in the project.

Even more, an ERC20 meme token which fosters and provides healthy and widespread usage and decentralization of the project. Moreover, this is made through a particular reward linked to users’ transactions including decentralized wallets. However, more holders use, trade, and execute transactions with KISHU.

Now that we are clear about KISHU do you think KISHU will be beneficial crypto in 2021? Join me and let us see the charts in this KISHU price analysis and KISHU price prediction.

Kishu Inu Current Market Status

As of the time of writing this KISHU price analysis, KISHU trades at $0.00000001 with a 24-hour trading volume of $12,055,476. The price of KISHU has increased by 3.03% in the last 24 hours.

Currently, the top cryptocurrency exchanges for KISHU are OKEx, CoinTiger, Gate.io, BKEX, and BiKi.

Now, let’s go to the next part of this KISHU technical analysis for 2021.

Kishu Inu Price Analysis

Currently, KISHU holds the 2551st place on CoinGecko. But will the latest upgrades, development, and changes in the KISHU blockchain help the cryptocurrency price to reach higher? Let’s proceed to the charts in this KISHU price prediction article.

In the chart above, which is set in a daily time frame, we can see the Descending Triangle pattern. This is an important indicator since KISHU has been showing bearish over the past month. Consequently, the descending triangle pattern indicates that KISHU will finally go bearish.

In the foreseeable future, we can say that KISHU has a higher chance of going bearish than bullish. As shown above, at the beginning of this month, KISHU turned from its bear to bull trend. This is the result of the huge trade volume that occured in that period.

The Relative Strength Index (RSI) is above 100, which means that KISHU is in an overbought state. Keeping all this in mind, traders can be aware and move away from unexpected losses due to the crypto market’s wild swings.

Let us also look at the Simple Moving Average (SMA) and the Exponential Moving Average (EMA) of KISHU.

Since the start of 2021, KISHU’s price has seen many bullish moves which are higher than the previous one. More so, these are followed by fluctuations, consolidation, and corrections right away. Taking this into consideration, KISHU has a competitive market this 2021.

Kishu Inu Price Prediction

The chart below shows that KISHU has performed great over the past few days. Moreover, the KISHU price shows a bearish trend. If this trend continues, KISHU might run along with the bears, overtaking its $0.000000001674 support level and move lower.

Conversely, if the investors turn against the crypto, the bulls might take over and push KISHU from its uptrend position. In simpler terms, the price of KISHU might increase to almost $0.000000007163, a bullish signal.

Meanwhile, our long-term KISHU price prediction 2021 is bullish. It has a high possibility of reaching new heights. However, that will only happen if it breaks many previous psychological resistances.

Conclusion

Kishu Inu has a bright future ahead of it in 2021. With the ongoing developments happening within the KISHU ecosystem, as well as in the overall crypto market, we may see KISHU reach new heights.

Bullish KISHU price prediction 2021 is $0.00000009. As said above, it may even reach its new ATH if investors have decided that KISHU is a good investment in 2021, along with mainstream cryptocurrencies like Bitcoin and Ethereum.

FAQ

Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.

Source: https://coinquora.com/kishu-inu-price-prediction/