🚨 #Kava coin update 🚨

kava

As of now, Kava coin is trading at $0.772 and is close to hitting its resistance level. If the candle closes above the resistance, we may see the market continue to rise. Additionally, Kava coin seems to be following the regression trend.

Stay tuned for more updates on Kava coin and other cryptocurrency news! 💰💻🌐

#eth2.0 #hongkongweb3festival2023 #cpi #fantasticdeals



In today’s crypto market analysis, we spotlight the tokens making significant strides and those navigating through challenging waters. Today’s victors include #SingularityNET (AGIX), #Kava (KAVA), Injective Protocol (INJ), XinFin Network (XDC), and #Blockstack (STX). Meanwhile, Render Token (RNDR), Conflux (CFX), Optimism (OP), #Decentraland (MANA), Mask Network (MASK), and Sui (SUI) have felt the market’s downward pressure.

For the full story, head over to TheCurrencyAnalytics.com.

Cryptocurrency prices dived sharply this week partly because of Bitcoin’s congestion.

KAVA, a DeFi-yielding protocol, was one of the best performing tokens.

Cryptocurrency prices had a tough week as concerns about the industry continued. Bitcoin dropped below $27,000 while the total market cap of all digital currencies crashed to $1.10 trillion. Further, meme coins like Pepe, Milady Meme Coin, Mrs Pepe, and Pepe AI have also plunged in the past few days. This crypto price prediction will look at Kava, Render Token, ad Cardano.

Kava price prediction

Kava price has been one of the best-performing cryptocurrencies this week. It jumped to a high of $0.9353, the highest point since April 19th. On the 4H chart, it has moved above the 38.2% retracement level.

Kava has also jumped above the 25-period and 50-period exponential moving averages (EMA) while the Relative Strength Index (RSI) and the MACD have risen sharply.

Therefore, the outlook for the Kava token is bullish, with the next key resistance level to watch will be at $1. This view will be confirmed if it moves above the key resistance point at $0.96, the highest point in April. The stop-loss for this trade will be at $0.84, the lowest point on Friday.

How to buy #Kava , #Render , #Cardano

Binance

Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.

Buy KAVA with Binance today

Render Token price prediction

Render Token price jumped sharply in April as investors cheered the vote to migrate it to Solana. This month, however, the token has pulled back and fallen by 34% from its highest point level. Render has moved to the 50% retracement level and dropped below the 25-day and 50-day exponential moving averages.

RNDR also retested the key support level at $1.6100, the lowest point on April 21st. Therefore, while the token has bounced back modestly in the past few days, I suspect that the bearish trend will resume as sellers target the key support at $1.400.

Cardano price prediction

Cardano, like other major cryptocurrencies, has been in a steep bearish trend in the past few weeks. The sell-off intensified on April 20th after the coin moved below the lower side of the ascending channel shown in red. It has also moved below the 25-period and 50-period exponential moving averages and the support at $0.3786, the lowest point on April 25.

Therefore, I suspect that ADA price is about to rebound and retest the resistance at $0.3786 and then resume the bearish trend. More downside will be confirmed if the price moves below the support at $0.3500, the lowest point this week.