Fail here and KITE retests support – Mapping the 2 paths from $0.122
Photo: AMBCrypto
Kite [KITE] has seen a quick rebound as the market adjusted following the massive Binance hack event. According to CoinMarketCap, the asset remained among the top gainers in the past 24 hours, posting a gain of around 13% at press time. Structurally, the long-term chart shows that there is a chance KITE could sustain its run, delivering a double-digit percentage return. However, there are certain barriers ahead of the price. KITE faces resistance despite a 13% rebound KITE has been on the bullish side of the market since November 1.
Source: AMBCrypto
