KDA -6233.32% Yearly Drop Amid Technical Deterioration
- KDA plunged 6,233.32% annually, with 59.64% 24-hour drop on Aug 31, 2025, amid severe technical deterioration. - RSI entered oversold territory while MACD remained negative, confirming sustained bearish momentum across all timeframes. - Key support levels and Fibonacci retracements were breached, with analysts predicting continued selling pressure due to weak buying interest.
On AUG 31 2025, KDA dropped by 59.64% within 24 hours to reach $0.3543, KDA dropped by 368.74% within 7 days, dropped by 360.78% within 1 month, and dropped by 6233.32% within 1 year.
Technical indicators have worsened significantly across major timeframes, signaling a deepening bearish phase. The Relative Strength Index (RSI) has fallen into oversold territory, indicating potential exhaustion among short sellers. However, the Moving Average Convergence Divergence (MACD) histogram remains negative, reflecting continued downward momentum. Additionally, the 200-day exponential moving average has fallen below key support levels, suggesting a lack of near-term recovery potential.
The price action has exhibited a consistent breakdown in key support levels, leading to a series of lower lows and lower highs. This has confirmed a bearish trend with no immediate reversal signs. The current price of $0.3543 has not only fallen below critical Fibonacci retracement levels but has also failed to attract significant buying interest at key psychological thresholds. Analysts project continued selling pressure in the near term based on the prevailing chart pattern and momentum indicators.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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