KAVA Dragged Below $1, Is KAVA Anticipating A Correction Ahead?

KAVA Dragged Below $1, Is KAVA Anticipating A Correction Ahead?
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KAVA token price chart shows a retracement; it has breached the round mark of $1.
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Bears look aggressive and persisted in pushing the token from the highs.
The KAVA token price formed a double top pattern on the charts, leading to a reversal in the past sessions. Moreover, the token has breached the $1 mark and is anticipating a correction ahead. The token has retested the 100 day EMA mark, highlighting bearish cues. The price action signifies trend reversal and lost over 20% gains this week.
At press time, the Kava token (KAVA) price was trading at $0.9117 with an intraday drop of 2.61%, reflecting neutrality on the charts. It has a monthly return ratio of -6.90% and 5.25% on a yearly basis. The pair of KAVA/BTC is at 0.0000138 BTC, and the market cap is $64.10 Million. Analysts are neutral and suggest that the KAVA price may face retracement ahead and will slip below the 200 day EMA mark soon.
KAVA Price To Volume Profile Reveals Profit

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We współpracy z: https://www.thecoinrepublic.com/2024/04/04/kava-dragged-below-1-is-kava-anticipating-a-correction-ahead/

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