$KITE
#CryptoMarketBouncesBack Current Price: 0.22779 (+19.16% on the day) — massive intraday move.
Technical Picture:
After a strong spike up to the 0.23897 high, KITE has been in a sustained pullback/consolidation, and price is now pressing toward the lower end of the range near 0.22779.
Moving Averages:
MA5 (0.23093), MA10 (0.23181), MA30 (0.23154) — price is now below all three MAs, which have begun to slope downward and compress together. This is bearish on the short-term 15m timeframe, suggesting the pullback still has control.
MACD:
All values are negative and very close to zero — MA