KILTs currency price (KILTUSD) rose in latest intraday trading, as the price attempts to recover part of its previous losses, while also trying to vent off some of its oversold saturation on the Stochastic, especially with positive signals starting to emerge. However, ongoing negative pressure remains due to trading below the 50-period SMA, amid the dominance of the main downward trend in the short term and trading alongside a descending trend line.

Therefore we expect the currency to decline in upcoming intraday trading, as long as the resistance of $0.02493 holds on, targeting the support level of $0.01130.

Todays price forecast: Bearish