1
The Kava crypto has withdrawn below the 20 day EMA, reflecting weakness over the daily chart.
2
The Kava crypto is down nearly 0.50% in intraday and was trading at $0.936.
The Kava crypto trades lightly in intraday with a slight negative development of 0.50%. The crypto was trading close to $0.936. The bears are extending the losses on the third consecutive session and the crypto has withdrawn below the 20 day EMA.
The breakdown below the 20 day exponential moving average has weakened the short term positive trend. The price currently hovers near the 50 day EMA and is trying to get support from it. The long term trend outlook is bullish until the price hovers above the 200 day EMA.
The crypto has taken multiple support from the dynamic support of 50 and 200 day EMAs. Now, if the price bulls make a comeback and the price recovers, it may again resume its way on the higher side. The short term traders and investors may target $1.
We współpracy z: https://www.thecoinrepublic.com/2024/04/11/can-kava-crypto-flourish-from-support-or-show-a-descent-soon/
