Will KAVA Continue to Rise? Current KAVA Analysis!

  • 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.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

Bitcoin Volatility Surges Amid US Election Uncertainty and Anticipated Rate Cuts

According to a recent report by COINOTAG News, significant...

Ethereum Spot ETF Sees $13 Million Weekly Inflow, BlackRock ETHA Leads with $65.5 Million

According to recent data from Farside Investors, the **Ethereum**...

Whale Acquires 3998.5 ETH Amidst Maker’s $10 Million DAI Loan: A Deep Dive into the Dominance of ETH

On November 3, COINOTAG highlighted a significant transaction within...

Bitcoin Spot ETF Sees Major Inflow of $2.22 Billion This Week, Led by BlackRock and Fidelity

According to data from Farside Investors, reported on November...

Bitcoin Volatility Index (BitVol) Sees 0.94% Rise, Signaling Market Optimism

The BitVol index, a benchmark for **Bitcoin volatility**, experienced...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img