Resistance

Time

<ul class="list-ic vertical">
 <li><span>1</span> <a>KAVA crypto price increased by 5.22% over the past seven days.</a></li>
 <li><span>2</span> <a>KAVA crypto price is currently trading at $0.9309 with a gain of 1.74% in the last 24 hours with a current market cap of $1.006 Billion.</a></li>
</ul>
<p>The KAVA crypto continues to exhibit strength on the charts, with buyers exerting significant pressure in recent trading sessions. Furthermore, the chart structure favors the bulls, and the price continues to form positive candles, which shows a fight between bears and bulls.</p>
<p>At the time of writing, the KAVA crypto price was $0.9309 with an intraday gain of 1.74%, highlighting bullishness. Sellers are making efforts to gain traction in the market, but they were only able to secure a few critical levels.&nbsp;</p>
<p>Intraday trading volume also increased and the previous 24 volumes were 30.983 Million. Moreover, the KAVA crypto suggests further volatility in the following sessions.</p>
<p>The KAVA crypto is trading in an uptrend on the daily charts and has shown good performance in the past months. Furthermore, the technical indicators continue to signal bullishness, with no signs of a bearish reversal.</p>
<h2 class="wp-block-heading" id="strong-technical-analysis-of-kava-crypto-price-in-1-d-time-frame-strong"><strong>Technical Analysis of KAVA Crypto Price in 1-D Time Frame</strong></h2>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/z6QGRGuCQE77Bgh5RX_PxGyfNYhccN4gf2PRIEUkPzx5HpMmGiM75kguPntw6Xzgl05aJ9YpeH537VOD5_hODGZTA2f96DBFSMtp7aIoLpuzI7NW08lcQXznO1Go6Wm9LTswTrwdHvXLrqZyNcfzbKU" alt="KAVA Crypto Price Prediction: What's Next For KAVA in 2024?">
  <figcaption class="wp-element-caption">
   Source: KAVA.1D.USD by TradingView
  </figcaption>
 </figure>
</div>
<p>On the 4-hour chart, the KAVA token is currently under the control of the buyers, and sellers were not able to drop the price below the range of neutrality. The price action indicates that buyers are persistently pushing back against the sellers, indicating bullishness.<br><br>The relative strength index (RSI) curve is above the neutral range of 50, indicating positive divergence and bullishness on the chart. The MACD indicator also suggests a bullish signal, and both the moving averages converge, which suggests that a significant move can be seen in the upcoming sessions.</p>
<p>At the time of publishing, KAVA crypto (USD: KAVA) is trading above the 50 and 200-day daily moving averages (DMAs), which support the price trend.&nbsp;</p>
<p>Moreover, if the selling volume adds up, then the price might conquer supporting SMAs by making lower highs and lows. However, the KAVA price is expected to move upwards giving bullish views over the daily time frame chart.</p>
<p>The MACD line at 0.0306 and the signal line at 0.0262 are above the zero line. A bullish crossover is observed in the MACD indicator which signals more bullishness for the KAVA crypto price.</p>
<p>The current value of RSI is 63.78 points. The 14 SMA is above the median line at 60.65 points which indicates that the KAVA crypto is bullish.</p>
<h3 class="wp-block-heading" id="strong-summary-strong"><strong>Summary</strong></h3>
<p><a href="https://www.thecoinrepublic.com/2023/12/31/what-11-predictions-are-made-for-2024-regarding-ai-web3-and-tech/" target="_blank" rel="noopener noreferrer nofollow">KAVA (USD: KAVA)</a> technical oscillators support the bullish trend. The MACD, RSI, and EMAs are emphasizing positive signs and imply that the uptrend may continue in the KAVA crypto price. KAVA price action suggests that the investors and traders are bullish on the 1-D time frame. The price action reflects a bullish perspective at the moment.</p>
<h3 class="wp-block-heading" id="strong-technical-levels-strong"><strong>Technical Levels</strong></h3>
<p>Support Level: $0.8184.</p>
<p>Resistance Levels: $0.9600.</p>
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5>
<p>This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your own research before making any financial decisions</p>

KAVA Crypto Price Prediction: What’s Next For KAVA in 2024?

Indice dei contenuti

Thecoinrepublic.com

Altri articoli pubblicati su 2 gen 2024

Bitcoin ATMs Installed Globally Drop For The First Time In 10 Years

Bitcoin SV (BSV) Price Surges By Over 110%, Is It Time To Invest?

The token that lived: how Solana project rose from the ashes

Binance Completed its 17th Terra Classic Burn! LUNC Price Increased!

Chainlink Shows Signs of Bull Pennant Formation, LINK Could Hit $34 If It Breaks Above This Level...

China Raises Crypto-Led Corruption Concerns in New Bribery Cases

Iscriviti alla nostra newsletter gratuita per aggiornamenti giornalieri sulle criptovalute!