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Crypto_Metricxx
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$KAVA reversed course.
After sliding from $0.20 to around $0.05, it broke out of a descending triangle ,a pattern that typically signals further drops. Today, it surged 20% on $150M volume, showing genuine buying interest rather than a weak rebound.
Price is testing $0.058–$0.06. Holding this zone could sustain momentum and target $0.07–$0.08 resistance.
Drivers include traders reacting to the triangle breakout, social chatter of a potential double bottom, and the team promoting Kava as a settlement layer for AI and stablecoins, bridging Ethereum and Cosmos.
Having lingered near lows around $0.048, KAVA has room for recovery, though future gains depend on follow-through. Breakout is confirmed; the market will determine if this is a trend reversal or just a relief rally.
After sliding from $0.20 to around $0.05, it broke out of a descending triangle ,a pattern that typically signals further drops. Today, it surged 20% on $150M volume, showing genuine buying interest rather than a weak rebound.
Price is testing $0.058–$0.06. Holding this zone could sustain momentum and target $0.07–$0.08 resistance.
Drivers include traders reacting to the triangle breakout, social chatter of a potential double bottom, and the team promoting Kava as a settlement layer for AI and stablecoins, bridging Ethereum and Cosmos.
Having lingered near lows around $0.048, KAVA has room for recovery, though future gains depend on follow-through. Breakout is confirmed; the market will determine if this is a trend reversal or just a relief rally.
إخلاء مسؤولية: يتضمن آراء جهات خارجية. لا تُعدّ نصيحة. يُمكن استخدام Binance AI دون أي ضمان. اطلع على الشروط والأحكام.