The price of Kava ($KAVA ) has decreased by 1.24% to $0.371 over the last 24 hours, which is worse than the overall stable condition of the cryptocurrency market (-0.88%). Main reasons:
Technical resistance at key levels – failed to hold above the important Fibonacci resistance level in the range of $0.382–0.394.
Weakness of altcoins – capital has flowed into Bitcoin (dominance +58.69%) amid a decrease in risk appetite.
Sales amid rising volumes – the trading volume over the day has increased by 31.6% to $15.7 million, indicating asset distribution.#KAVA #KavaBNBChainSummer @kava
