Price Prediction for KEKIUS on May 18: Can the Bulls Maintain Above $0.056 After a 100% Rise?

KEKIUS is currently trading around $0.060 after a spectacular breakout from a consolidation level below $0.030. This move marks an incredible daily bullish surge of nearly 120%, with the price action soaring from $0.027 to a high of $0.0647 before pulling back. This bullish surge occurred after breaking out of the descending wedge pattern visible on the 30-minute chart, where the price action shifted sharply from a low volatility area to extreme expansion.

The KEKIUS price update reflects strong buying interest that has emerged after several weeks of horizontal consolidation, during which the asset has been respected in the demand zone between $0.024 and $0.028. This area now forms an important support in the future. However, the strong wick rejection near the Fibonacci extension levels of 1.0 and 1.618 at $0.0647 and $0.0782 indicates that profit-taking is beginning to cool the bullish momentum.

Breakout Bullish Aiming at Important Fib Levels

On the 15-minute Fibonacci retracement chart, the price action of KEKIUS clearly halted near the 0.786 retracement zone at $0.060, aligning with the previous swing high. A short bullish flag pattern broke out upwards early on May 17, extending the bullish run, but quickly faced strong resistance near $0.064. The 0.618 and 0.5 retracement levels at $0.056 and $0.0538 now serve as key support zones to watch if the retracement extends further.

Momentum indicators reflect this exhaustion. The 30-minute RSI has cooled off from the overbought zone, stabilizing near 65 after hitting a high above 80 during the vertical pump. Meanwhile, the MACD remains bullish with a new crossover and increasing histogram bars—indicating that buyers are still active, although they may be waiting for lower re-entries. KEKIUS Price Volatility Soars as Bollinger Bands Widen

The price volatility of KEKIUS has exploded, as seen from the 4-hour Bollinger Bands which have expanded to the largest range in over a month. KEKIUS broke the upper band near $0.056, extended to $0.064, and then returned within the channel. The EMA group between $0.027 and $0.036 is currently much lower than the current price, meaning that a complete reversal of the average will require a significant adjustment. However, momentum has not fully reversed yet and the price remains comfortably above the dynamic support. On the 4-hour chart, KEKIUS has decisively broken out of the multi-week descending wedge structure that has been compressed since April. With the resistance of the trendline removed and volume expanding, the bullish move has a clear technical foundation. The question now is whether the bulls can hold above the consolidation area after the breakout or if there will be a deeper pullback. Why is the price of KEKIUS bullish today?

The price of KEKIUS surged today, driven by a textbook bullish breakout from a multi-day descending wedge on lower time frames, accompanied by a large volume line and new market interest. The breakout has breached multiple supply zones between $0.030 and $0.035, triggering a wave of buying momentum. The random RSI indicator on the 30-minute chart also supports the bullish trend, currently printing 96.96 and 88.84—indicating that the momentum remains strong but is overbought. This move is further confirmed by the breakout of the downward trend channel, which can be seen on the 15-minute chart, indicating that day traders have positioned themselves early for a move. Whether the asset can hold above $0.056–$0.060 will determine if the bullish phase matures into a sustainable bullish trend. Prospects on May 18 As we approach May 18, the focus will be on maintaining support at the Fib 0.618 level of $0.056 and reclaiming the psychological level at $0.060. A continuous close above $0.060 could allow the buyers to retest the $0.0647 level and aim for the Fib 1.618 extension at $0.078. Conversely, if the $0.056–$0.0538 zone cannot be defended, the price could drop to $0.048 or even the base level near $0.036. Daily volatility is expected to remain high, considering the recent breakout structure of the asset.