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Klaytn Price Prediction May, June & July: KLAY Price Aims to Reach INR 100, Yet Could Be Capped Below INR 60

Klaytn Price Prediction

Key Takeaways

Price Comparison Table

Crypto-Asset Start-Month Price (April) Mid-Month Price (April) End-Month Price (April) % Change
Klaytn (KLAY) INR 89.10 INR 76.49 INR 56.06 -58.93

* As of 27-May-2022

Check latest prices, charts, and data of KLAY/USDT

Klaytn (KLAY) Technical Analysis at a Glance

The Klaytn (KLAY) price maintained a stagnant trend for nearly 6 months before igniting a significant drop at the beginning of April. Since then the prices have dropped by more than 70% and reached the lowest levels in history. However, the prices were slowly heading towards the north but faced a rejection below INR 40 and now flowing down to test the local support close to INR 25. 

Short-Term (1hr) After the previous day’s losses, the price is unable to stabilize and hence maintains its trend close to the lower support
Mid-Term (4hr) The KLAY price is forming constant lower highs and lows and eventually heads towards the immediate support in the next couple of hours
Long-Term (D) A significant buying volume has been accumulated but the trend is bearish and hence the price appears to be on the verge to slip down towards the bottoms

Technical Indicators & Pivot Levels

Technical Indicators

Technical Indicators Value(1D / 1M) Action (1D / 1M)
Relative Strength Index(RSI) 34.15 / 47.25 Sell / Neutral
MACD(12,26) -0.076 / 0.094 Sell / Buy
Average Directional Index(ADX) 27.63 / 39.84 Buy / Sell
Bull-Bear Power -0.06 / -0.94 Sell / Sell

Pivot Levels

Pivot Levels Short-Term(D) Mid-Term(W) Long-term(M)
Moving Average(MA)-50 INR 0.708 INR 1.20 INR 0.49
Moving Average(MA)-200 INR 1.13 INR 0.54 INR 0.12
Resistance INR 38.68 INR 93.28 INR 122.48
Support INR 26.96 INR 33.10 INR 25.29


Oscillators Short-Term Mid-term Long-Term
Stochastic Oscillator 51.93 28.62 21.03
Ultimate Oscillator 52.95 24.09 30.85
Average True Range(ATR) 0.03 0.13 0.88
CCI -18.48 -148.42 -161.63

As the market sentiments turn bearish, the Klaytn price is extremely bearish in all the time horizons. Most of all the indicators are very bearish and point towards a ‘sell’ signal. On the other hand, the strength of the rally is pretty weak and hence no possibility of a rebound may be expected. On the other hand, the volatility is also less in all time frames and hence the price could continue to range as per the volume that dominates the platform. 

KLAY Price and Technical Analysis for May-July

Source: Tradingview

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The above information represent the independent views of Primestack Pte. Ltd, Neblio Technologies Pvt. Ltd, and/or their affiliate entities and are for informational & educational purposes only. The content, information or data provided above is not an offer, or solicitation of an offer, to invest in, or to buy or sell any interest or shares, virtual digital assets/ crypto products or securities, or to participate in any investment or trading strategy. Any statement or communication made above shall not be treated as a legal, financial, investment or tax advice by the reader. The calculations, data, risk-return formulations, performance or market capitalization indicators captured above are based on the independent data sourcing including collation of public information and/or analysis performed by analysts, advisors or employees of Primestack Pte. Ltd/ Neblio Technologies Pvt. Ltd and/or their affiliate companies and/or any third party. Past performance is not indicative of any future results. The reader(s) are hereby advised to consult their financial/ legal/ tax advisor(s) before making any investment.


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