Latest Klever Coin (KLV) Price Analysis

By CMC AI
23 August 2025 03:48AM (UTC+0)

Why is KLV’s price up today? (23/08/2025)

TLDR Klever Coin (KLV) rose 5.21% over the last 24h, outperforming the broader crypto market (+3.8%) amid bullish technicals and ecosystem updates. While KLV remains down 5.77% this week, today’s rebound aligns with its 30-day uptrend (+16.06%). Key drivers:
1. Mainnet anticipation – Final audit progress for Klever Virtual Machine (KVM) stokes demand.
2. Ecosystem growth – Wallet upgrades and educational initiatives boost adoption sentiment.
3. Technical breakout – Price crossed key moving averages, signaling bullish momentum.

Deep Dive

1. Mainnet Anticipation (Bullish Impact)

Overview: Klever’s 20 August tweet revealed its KVM is “99% audit ✅” with mainnet activation steps underway. This positions KleverChain to support advanced smart contracts, attracting developers.
What this means: Successful audits reduce deployment risks, while KVM’s EVM compatibility could expand DeFi/NFT use cases. Historically, mainnet launches correlate with short-term price rallies as traders front-run utility upgrades.
What to watch: Confirmation of KVM’s mainnet launch date (expected imminently) and validator participation rates.

2. Ecosystem Growth (Mixed Impact)

Overview: Recent updates highlight wallet-DApp integration (29 July) and global expansion of Klever Academy (23 July), targeting Web3 education.
What this means: Wallet enhancements improve user retention, while educational programs could drive long-term adoption. However, these are gradual processes – today’s price action likely reflects speculative bets on KVM rather than direct impacts from these initiatives.

3. Technical Breakout (Bullish Impact)

Overview: KLV’s price ($0.0028) crossed above its 30-day SMA ($0.00259) and EMA ($0.00263), with RSI-14 at 59.7 (neutral-bullish).
What this means: Breaking key moving averages often triggers algorithmic buying. The RSI leaves room for further upside before overbought territory (70+), but MACD’s bearish crossover (-0.000012 histogram) hints at near-term volatility.

Conclusion

KLV’s rally combines anticipation of KVM’s mainnet-driven utility and technical momentum, though sustainability depends on timely delivery and market-wide altcoin strength. Key watch: Can KLV hold above the 30-day EMA ($0.00263) if Bitcoin dominance rebounds from 57.84%?

Why is KLV’s price down today? (21/08/2025)

TLDR Klever Coin (KLV) fell 9.58% over the last 24h, underperforming the broader crypto market (-1.87%). The drop aligns with profit-taking after recent gains (+14.57% over 30d) and muted altcoin sentiment.

  1. Market-wide risk-off shift – Altcoin season index fell 21.82% in 30d, signaling capital rotation away from smaller cryptos.
  2. Technical correction – KLV broke below key moving averages, triggering stop-losses amid bearish momentum.
  3. Low liquidity amplifies swings – Turnover ratio (0.145) reflects thin markets prone to volatility.

Deep Dive

1. Market-Wide Risk Aversion (Bearish Impact)

Overview: The crypto Fear & Greed Index dropped to Neutral (50) from Greed (68) last week, coinciding with a 21.82% decline in the Altcoin Season Index since July 2025. Bitcoin dominance rose to 58.67%, pressuring altcoins like KLV.

What this means: Investors are rotating into safer assets (BTC, cash) amid flat global market sentiment. KLV’s 90d rally (+26.67%) made it vulnerable to profit-taking during risk-off phases.

2. Technical Breakdown (Bearish Impact)

Overview: KLV broke below its 7-day SMA ($0.0029) and 30-day SMA ($0.00256), with MACD histogram (-0.0000002142) signaling bearish momentum. RSI 14 (57.37) shows no oversold conditions, leaving room for further downside.

What this means: The breach of $0.0028 triggered algorithmic selling and stop-loss orders. Next support lies at the 61.8% Fibonacci retracement ($0.00256).

What to look out for: A close above $0.0028 (previous support) could signal short-term recovery.

3. Liquidity Constraints (Mixed Impact)

Overview: KLV’s 24h volume fell 19.51% to $3.55M, while turnover ratio (0.145) indicates moderate liquidity. Thin order books magnified the sell-off’s impact.

What this means: Low liquidity increases slippage risk during large trades, exacerbating price swings. However, reduced selling pressure could stabilize prices if volume rebounds.

Conclusion

KLV’s drop reflects a perfect storm of altcoin weakness, technical triggers, and liquidity constraints. While the project’s recent ecosystem updates (e.g., KVM mainnet prep) provide long-term value, short-term traders are capitalizing on broader risk aversion.

Key watch: Can KLV hold $0.00256 Fibonacci support amid rising BTC dominance?

CMC AI can make mistakes. Not financial advice.
KLV
Klever CoinKLV
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$0.002798

6.65% (1d)