KLAY Price Analysis: KLAY/USD Spikes to $1.98 as bulls attempt to gain support at $2.00

TL;DR Breakdown Klay price analysis is bullish for todayThe overall cryptocurrency market is trading upwards for the last 24 hours.Klay is strengthening its buyer positions as the bulls try to beat a double bottom at $1.91. KLAY Price Analysis: General price overview Klay price analysis is bullish for today as the market bounced back from a $1.8 retracement in the early morning hours and established a fresh sing high to $1.97 on the 4-hour chart. We are expecting the KLAY/USD token to either consolidate a continuation to $2.250 or retrace downwards and retest $1.80 on the contrary. Retracing downwards is less likely to happen, while the chances of building a bullish momentum above $2.00 remain high. The overall cryptocurrency market is trading upwards for the last 24 hours, with Bitcoin, Ethereum and Dogecoin recording 1.54, 1.11 and 11.00 per cent respectively. Dogecoin remains the best performer, while Cardano is the worst performer after losing 2.34 percent Klay price movement in the last 24 hours KLAY/USD traded in a range of $1.88 – $1.98, indicating mild volatility over the last 24 hours. Trading volume has decreased by 10.6 percent and totals $138 million. Meanwhile, the total market capitalization trades around $4.74 million after a 7.34 percent increase on the daily chart, resulting in a market rank of 31st place. Klay Price analysis on the 4-hour chart  According to our 4-hour Klay price analysis, the coin is s...