Price Position and Structural State
Kyber Network (KNC) closed at 0.113 USDT on August 30, 2026, down 6.84%. The asset now sits in a sideways structure inside its 55-day range. Current 55-day support is near 0.0982 USDT, with resistance near 0.1281 USDT. Price is near the middle of the range, so the market has no clear structural edge until it closes outside these levels.
Moving Averages and Trend Context
KNC is trading above short-term moving averages but remains below longer-term resistance. MA14 at 0.112864 USDT can act as near-term support for the recovery attempt, while MA100 at 0.114482 USDT is the key level to reclaim for a broader trend shift. Short-term structure has improved, but longer-term moving averages still show overhead resistance.
Trading Friction and Price Efficiency
KNC shows moderate trading friction, with a 3-day friction score of 64.2. The score combines price progress, wick rejection, and volume confirmation. Recent candles show mixed acceptance, so price is moving but still showing some noise. Moves near support or resistance need a cleaner daily close before they carry stronger weight.
Open Interest, Funding, and Positioning
Open interest increased sharply +39.68% in one day and moved above its 90-day range. This shows fresh leverage expansion, with new futures exposure now above the highest level from that range.
Funding is positive on the 24-hour average at +0.010000%, with the 7-day average also positive at +0.010000%. This shows sustained long-side cost pressure across both short and medium windows.
The long/short ratio is 1.71 and has moved below its 90-day range. This means long accounts still dominate, but the long tilt is weaker than usual compared with recent history.
Correlation, Beta, and Index Relationship
KNC remains strongly linked to the broader crypto market (Sigloid Index), but its beta shows lower sensitivity. Correlation confirms that KNC tends to move with the index, while R² indicates that index behavior explains a meaningful share of its movement. Lower beta means price moves with less intensity than the index, not that the relationship is weak. Over the 30-day window, the relationship is weakening. Over the 60-day window, the relationship is weakening. Over the 180-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.71 | 0.747 | 0.504 | Strong, lower beta |
| 60D | 0.683 | 0.695 | 0.466 | Strong, lower beta |
| 180D | 0.514 | 0.679 | 0.264 | Moderate linkage |
Momentum, Volatility, and Indicator Pressure
KNC is showing wider movement, but participation is not fully backing it. ATR% reads 5.10, close to the bottom of its full historical range, while Bollinger Band width% reads 29.14, near the lower side of its full historical range. 20-day Volume Z-score is 0.27, showing near-normal participation.
Impulse and acceleration are improving, but broader momentum is still weaker. MACD histogram is positive and ROC14 is +12.55%, while RSI is 53.48.
The read is still incomplete: momentum is improving, but volatility or participation has not confirmed the move strongly enough.
Broader Market Regime
The Sigloid Index remains in a bullish regime, showing broad strength across the market. KNC stays closely linked to that market condition, so broader market strength can support price behavior and keep market direction important for this asset.
Key Levels for the Next State Change
For KNC, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 0.1281 USDT establishes a bullish regime, while a daily close below 55-day support at 0.0982 USDT confirms a bearish regime.