Kadena (KDA) Market Analysis & Bull Case Outlook
Current Price: $0.56
Market Cap Rank: #247
Market Cap: $179M
Timeframe: Daily Chart (1D)
Exchange: CoinEx
Technical Tool Used: Bull Market Valuation Tool, EMA Structure, Dominance Indicators
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Kadena (KDA) Price Outlook
KDA is showing signs of reaccumulation after a healthy correction.
Historically, price cycles move from undervaluation zones (buy) to overvaluation zones (sell/take profit).
KDA has bounced from $0.38, pushing towards resistance around $0.48.
The coin is not yet in the overbought region, suggesting more upside potential.
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KDA Trade Setup
Entry Zone: $0.52 – $0.56 (accumulation range)
First Target (TP1): $0.90
Second Target (TP2): $1.20
Extended Target (TP3): $1.90 – $2.00
Stop Loss (SL): $0.36 (below prior demand zone)
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Supporting Bullish Indicators Across the Market
1. Total Crypto Market Cap:
Current: $3.2T
Target: $5.7T
Conclusion: Market still has upside; not in overvalued zone yet.
2. Altcoin Market Cap:
Current Support: $1.2T
Targets: $1.6T and $2.4T
Altcoins are still undervalued compared to past bull runs.
3. USDT Dominance:
Declining dominance = capital flowing back into crypto assets.
A fall to 3.7% or lower is bullish for altcoins like KDA.
4. Bitcoin Dominance:
Likely to fall, setting the stage for altcoin season.
BTC.D drop typically precedes strong altcoin rallies.
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Conclusion
Kadena is currently in a strong technical setup for a bullish continuation. Combined with favorable macro indicators such as USDT & BTC dominance and undervalued altcoin market cap, KDA presents a high-reward, calculated-risk opportunity for medium-term swing traders.
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