KITE AI Technical Analysis and Price Forecast:
KITE has made a perfect pullback from the support price level of 0.07$, after the successful retest KITE has break out the short term channel as bitcoin show some bullish sign, According the to the Breakout in KITE the price could extend the pump towards 0.1$.
Making Prediction for the long term is not possible at the moment due to less data available on chart, but if you give a look at low term frame kite is showing bullish sign. If the Bitcoin remain bullish and FED makes rate cut tomorrow we might see a good price rally in KITE.
Trading indicators are showing bullish signals on lower timeframe, however if the market sentiments change from bullish to bearish the price of KITE could get fall to 0.07$.
Must mark stoploss and manage risk properly
