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Market Overview
KNC/USD closed at 0.2494 on January 7, 2026, reflecting a slight decline of 0.60% from the previous close of 0.2509. Despite this minor pullback, the pair remains in an uptrend, supported by a 20-day moving average (DMA20) of 0.2480, a 50-day moving average (DMA50) near 0.2543, and a 200-day moving average (DMA200) not specified but implied stable. The RSI indicates moderate momentum, while key support is around 0.2450 and resistance near 0.2607. No major upcoming events are noted, but liquidity and whale activity remain moderate. The overall technical and fundamental outlook suggests cautious optimism. For information only.
Last Updated 1/8/26

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.