The price $KAVA fluctuates between the optimism brought by artificial intelligence and technical uncertainty.

The exchange rate of KAVA to USDT today is 0.3669 USDT. Thus, the decrease was 0.19% in the last hour; over the last 24 hours, the decrease was 0.24%. Recently, the price of Kava has been falling, as KAVA has dropped against USDT by 5.83% over the last 30 days.

$KAVA has held the December 2024 minimum at $0.3715 for 203 days, forming a descending wedge with decreasing volume—a classic sign of upcoming volatility. Closing the week above $0.50 could trigger a rise of 57% to $0.64, while a failure will lead to a retest of $0.347.

Current technical indicators show that $KAVA is in an oversold zone (RSI around 38-43), and the MACD histogram remains in the negative zone, indicating a persistent bearish sentiment. The chart pattern "descending wedge" suggests the possibility of a breakout above $0.50 #KavaBNBChainSummer @kava