Kusama (KSM) is currently trading at $7.56, reflecting a 2.94% decline in recent sessions. Trading volume over the past 24 hours stands at $10.23 million, representingKusama (KSM) is currently trading at $7.56, reflecting a 2.94% decline in recent sessions. Trading volume over the past 24 hours stands at $10.23 million, representing

Kusama Price Alert: KSM Eyes Massive Bounce Toward $50.50

  • Kusama (KSM) trading at $7.56, down 2.94% amid low trading volume.
  • Analysts indicate the cryptocurrency is consolidating near support, signaling a potential surge.
  • Long-term forecasts suggest KSM may target levels above $16 by 2025.

Kusama (KSM) is currently trading at $7.56, reflecting a 2.94% decline in recent sessions. Trading volume over the past 24 hours stands at $10.23 million, representing a sharp 38.14% drop, indicating subdued market activity. Over the past seven days, KSM has fallen by 7.34%, highlighting a persistent bearish trend.

Source: CoinMarketCap

Market analysts point to broader cryptocurrency volatility and reduced investor sentiment as contributing factors. Despite the short-term decline, some technical indicators suggest that KSM may be approaching a critical support zone.

Kusama Key Support Levels Explained

Crypto analyst Bit Amberly highlighted the importance of the current trading range, noting that a rebound from the support level could propel Kusama toward several bullish targets. According to Amberly, if the anticipated bounce materializes, KSM could see incremental gains toward $12.30, $16.80, $22.50, $31.90, and even $50.50.

Investors are monitoring the market closely, as the descending channel pattern has historically preceded significant upward movements when combined with strong support levels. While short-term volatility remains a factor, the technical setup provides an optimistic outlook for traders seeking medium-term opportunities.

Source: X

Also Read | Kusama (KSM) Forecast 2025: Could KSM Skyrocket to $19.06?

KSM Price Prediction for 2025

According to DigitalCoinPrice, KSM is projected to surpass the $16.59 mark by the end of 2025. Analysts emphasize that before reaching this target, Kusama may approach interim resistance points, potentially breaking previous highs and consolidating in the range of $15.70 to $16.59.

The cryptocurrency’s trajectory reflects broader market optimism and confidence from investors, exporters, and blockchain industry leaders. Should these predictions hold, KSM could reclaim attention as a high-potential digital asset, offering both speculative and strategic investment opportunities.

Also Read | Kusama (KSM) Surges: Expert Reveals $50.50 Price Target!

Market Opportunity
Kusama Logo
Kusama Price(KSM)
$7,418
$7,418$7,418
+5,95%
USD
Kusama (KSM) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Octav Integrates Chainlink to Deliver Independent Onchain NAV for DeFi

Octav Integrates Chainlink to Deliver Independent Onchain NAV for DeFi

Octav integrates Chainlink oracles to deliver neutral on-chain NAV, restoring trust during volatile DeFi markets. October shocks exposed DeFi operating without
Share
Crypto News Flash2025/12/21 17:51
SEC Final Judgments on FTX Executives Filed

SEC Final Judgments on FTX Executives Filed

The SEC has filed proposed final consent judgments against former FTX executives. Key figures involved include Caroline Ellison, Gary Wang, and Nishad Singh.
Share
CoinLive2025/12/21 18:06
SHIB Price Drops as Leadership Concerns Grow

SHIB Price Drops as Leadership Concerns Grow

The post SHIB Price Drops as Leadership Concerns Grow appeared on BitcoinEthereumNews.com. Shiba Inu investors uneasy as Kusama’s silence fuels leadership concerns. SHIB slid 13% in three days, retracing from $0.00001484 to $0.00001305. Shibarium exploit and Kusama’s absence have weighed on investor trust. Shiba Inu investors are voicing concerns about the project’s long-term direction as leadership uncertainty and slow ecosystem progress erode confidence.  The token, which rallied from its meme-coin origins to become the second-largest meme asset by market cap, counts more than 1.5 million holders worldwide. But as SHIB matures, the gap between early hype and current delivery has widened.  The project’s transition into an “ecosystem coin” with spin-off projects and Shibarium, its layer-2 network, once raised expectations. Analysts now point to internal challenges as the main factor holding SHIB back from fulfilling that potential. Kusama’s Silence Adds to Instability Central to the debate is the role of Shytoshi Kusama, Shiba Inu’s pseudonymous lead developer. Investors are concerned about the intermittent disappearance of the project’s lead developer, who repeatedly takes unannounced social media breaks.  For instance, Kusama went silent on X for over a month before resurfacing this week amid growing speculation that he had abandoned the Shiba Inu project.  Kusama returned shortly after the Shibarium bridge suffered an exploit worth around $3 million. However, he did not directly address the issue but only reassured Shiba Inu community members of his commitment to advancing the project.  Although most community members didn’t complain about Kusama’s anonymity in the project’s initial stages, his recent behavior has raised concerns. Many are beginning to develop trust issues, particularly because nobody could reveal the SHIB developer’s identity for the past five years. He has conducted all communications under pseudonyms. SHIB Price Action Reflects Sentiment Shift Market reaction has mirrored the doubts. SHIB, which spiked 26% at the start of September, has since reversed. Over the last…
Share
BitcoinEthereumNews2025/09/18 04:13