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Kava (KAVA) has fallen by 2.12% in the last 24 hours, which is worse than the overall cryptocurrency market (-0.99%). The main reasons are technical resistance, low trading volume, and a decrease in momentum after previous bullish signals.
Technical pullback — failed to hold above key Fibonacci levels.
Decrease in volume — the trading volume over the last 24 hours has dropped to $14.2 million (-0.5% compared to the previous day).
Weakness of altcoins amid Bitcoin dominance — Bitcoin's market share remains high at 56.99%, which limits the growth of altcoins. #KavaBNBChainSummer @kava
