Is Kusama KSM Able To Reach ATH in 2025?

15 nov

Hello, Skyrexians!

We continue analyze different altcoins for the potential altseason. Today it's time for KSMUSDT . We are sure that you have already forgot this coin, but in our opinion it has a great chance to show significant gains in 2025.

Let's take a look at the weekly time frame. We can see that bear market was severe for Kusama and it has broken the previous bull run bottom. It means that this asset has very low probability to hit ATH, but 0.618 Fibonacci zone between $312 and $394 can be potentially reached. For sure, this coin is in global downtrend, so risk of investment in it is much higher than in uptrend coins.

We can see that corrective zigzag ABC could be already finished. Wave A was impulsive, consists of 5 waves, wave B was a zigzag which was stopped by the red dot on Bullish/Bearish Reversal Bar Indicator [Skyrexio]. Now we can see the green dot which is very strong long signal, so reversal is likely happening right now.

Best regards,
Skyrexio Team

___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!