📊 Analysis of KAVAUSDT 1D



A narrowing triangle is forming on the chart 🔻, with the price moving between support and resistance lines, narrowing the range. MA7/25/99 remain above the current price, confirming bearish pressure 📉. Ichimoku shows resistance above ☁️, and SAR 🔴 signals an ongoing downward momentum.

Levels: Support – $0.368 – $0.350 Resistance – $0.393 – $0.398

The breakout of the triangle boundaries 🚀/📉 will determine the further trend.

🌐 Fundamental: Kava – a Layer-1 blockchain that combines the power of Ethereum and the speed of Cosmos. The network offers high scalability, support for DeFi, and cross-chain interaction, attracting developers and institutional players.

🔮 Conclusion: Technically, the asset is consolidating, the fundamentals indicate long-term potential 📈
KAVA0.18%
ETH-2.84%
ATOM-2.28%
DEFI0.71%
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Travelervip
· 08-24 06:04
Interesting information.
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GateUser-dceb09cdvip
· 08-24 05:21
thank you for the good contribution!
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ArjunMagarvip
· 08-24 01:52
HODL Tight 💪HODL Tight 💪HODL Tight 💪HODL Tight 💪HODL Tight 💪HODL Tight 💪HODL Tight 💪HODL Tight 💪HODL Tight 💪
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Li44vip
· 08-24 00:19
Hold on tight 💪
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SATOSHİNAKAMATOvip
· 08-24 00:01
khgjlkbvvbmkkkkknnnnbbbbbjjjkkkjhhjjhgggh
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GateUser-903188aevip
· 08-23 22:38
The bullish market is at its peak 🐂
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GateUser-f5ec9db1vip
· 08-23 22:35
The bullish market is at its peak 🐂
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DarkSamuraivip
· 08-23 08:05
what a great post
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