Analysis

Will KAVA Continue to Rise? Current KAVA Analysis!

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KAVA
KAVA

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(07:46 AM UTC)
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  • The KAVA price reached $1 today.
  • KAVA has risen by more than 9%.
  • Will KAVA continue to rise?

Important support and resistance levels that KAVA investors should follow! Will the rise continue? What is the target? Current KAVA analysis!

Current Medium-Term KAVA Analysis!

Daily KAVA Price Chart Source: TradingView

When we examine the KAVA price chart on a daily time frame, it continues to make candle movements above the important resistance level of $0.9535.

If the KAVA price continues to make daily candle closes above the $0.9535 level, it may want to continue its upward movement.

If the Kava price cannot make daily candle closes above the 12-hour resistance level of $1.06 mentioned in the analysis, it can fall to the support levels mentioned in the analysis, which are $0.85.

The Kava price must continue to make daily candle closes above the $0.85 support level to avoid reversing the upward trend.

In the next few days, the KAVA price may continue its horizontal movements near the 12-hour resistance level. If the 12-hour resistance level is not broken and a decline occurs, the support levels are mentioned in the analysis.

Lucien Renard

Lucien Renard

Lucien Renard is a 24-year-old writer specializing in cryptocurrency analysis and price action. With a focus on technical analysis, Lucien provides valuable insights into market trends and potential opportunities for investors.
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