Overview @kava 7 September
The current price of one coin $KAVA is $0.3713. Over the last 24 hours, it has increased by 0.32%. 50.97% of the days, the price $KAVA closed above the opening price.
Based on 17 technical indicators, 0 buy calls and 12 sell calls, the technical price analysis shows a bearish forecast for the short term. The first significant resistance of the upward trend for $KAVA is at $0.4329. To continue rising, it needs to close above this level, while the lower support is at $0.3219. Thus, if the price drops below $0.3219, we may see further price decline. If KAVA closes above $0.4329, it may rise to the next resistance level at $0.5181.
The 14-day Relative Strength Index (RSI) currently stands at 52.47, indicating neutral conditions, meaning the market is neither overbought nor oversold. Similarly, the Relative Strength Index (RSI) on the weekly chart is at 34.85, which also indicates neutral conditions in the market.
On the daily chart, the exponential moving averages show a bearish signal. #KAVA #KavaBNBChainSummer