HomeNewsKITE Surges 333%, Hits $0.27 as Bulls Take Charge, Analysts Watch Key...

KITE Surges 333%, Hits $0.27 as Bulls Take Charge, Analysts Watch Key Resistance

-

Kite (KITE) has rallied significantly, gaining 333% from its November 2025 low. The price recently broke through key resistance near $0.25, reaching a high of $0.2706, with strong momentum indicated by a high RSI reading. Market activity has intensified, with Open Interest surpassing $100 million and funding rates turning positive, confirming strong speculative conviction.


The cryptocurrency Kite (KITE) has experienced a sustained rally marked by phased advances rather than a single spike. The price first established stability from a base near $0.16, forming higher lows toward $0.21, before momentum expanded significantly. Bulls later pushed the price through the $0.24–$0.25 resistance zone, triggering a sharp advance toward the $0.265–$0.268 range.

The recent high near $0.2706 now acts as immediate resistance. Technical indicators show robust momentum, with the RSI surging to approximately 70.6, which also signals short-term strain. The price’s structure remains bullish as long as it holds above the $0.25 level.

The rally represents a structurally driven expansion, with a recovery of 333.28% from a November 2025 low of $0.06123. Momentum further accelerated, delivering a 153.4% gain over 30 days, while spot prices traded near $0.265–$0.2685.

Trading activity intensified as the price climbed, with 24-hour volume rising toward $192.8–$193.4 million. This lifted the project’s market capitalization to roughly $477.56 million.

In derivatives markets, Open Interest (OI) grew alongside the price, accelerating toward $100–$120 million as prices pressed $0.26–$0.27. Furthermore, Funding rates flipped persistently positive, with bursts reaching 0.03%–0.045% during upside expansions, reflecting speculative conviction from longs.

KITE now trades just beneath a dense resistance cluster between $0.277 and $0.2995. If buyers secure sustained closes above $0.27, upside momentum could extend toward the $0.30–$0.35 expansion zone.

However, the RSI at 72 signals stretched positioning, meaning momentum must cool constructively. Should MACD begin compressing while price stalls, leverage unwinds may trigger a pullback toward dynamic support at the $0.248 SMA or structural demand near $0.23–$0.25.

LATEST POSTS

Bitcoin Holds at $68K as New Trump Tariffs Threaten Repeat of Past Crashes

Following a U.S. Supreme Court ruling against earlier tariffs, President Trump announced a new 10% temporary tariff on imports using a previously unused legal mechanism....

Optimism Token Plummets 30% as Base Protocol Shifts Away From OP Stack

The Optimism (OP) cryptocurrency has declined significantly, reaching an all-time low. The drop followed news that Base, a major network built on Optimism's technology stack,...

SUI Surges Nearly 5% to $0.9566 as First US Spot ETFs Debut

The SUI token rose 4.9% to $0.9566 on February 21, 2026, with a significant surge in trading volume. Market analysts point to a bullish technical...

Supreme Court rejects Trump tariffs; He swiftly orders new 10% global duty

On February 20, 2026, the Supreme Court struck down President Trump's emergency tariffs in a 6-3 ruling. The Court found the International Emergency Economic Powers...

Most Popular

spot_img