Since the publication of the previous KAVA idea, there has been the news, good and bad: - The good news is that the announced Mainnet launch in the previous idea took place on time and without bugs, KAVA 4 is live. During this time, there have also been a number of collaborations with other projects. And the Binance exchange organized a competition with prizes for those who trade KAVA. - The bad news tells us the current realities regarding the Kava token. Positive and productive news background could not only to push the price up, but even to keep it above the level $2.
When the price fixed below $2, sellers got full control over the situation. They pushed the price down, clearly to $1.19 where the lower target was. Further, the competition from Binance and the BTC growth were able to push the Kava price up to a strong mirror level $1.73. Previously, only for 3rd time it was possible to break it down.
But, while the Kava cost is below the zone $1.84-2.00, sellers control the process. Most likely, sellers aim to lower the price into the accumulation zone $0.80 -1.20, where during the last year there was a powerful Kava accumulation twice. _________________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.