KILTs currency price settled lower in latest intraday trading, amid ongoing negative pressure due to trading below the 50-day SMA, and amid the dominance of the downward trend, with negative signals from the Stochastic after reaching overbought levels compared to the prices movements, hinting at a negative divergence and doubling the negative pressure on upcoming trading.
Therefore we expect the price to decline and target the pivotal support of $0.3140, provided the resistance of $0.3905 holds on.
Todays price forecast: Bearish