KAVA crypto price broke out previous week high and formed a strong bullish candle
KAVA token price recovered 50% approx from the lows and attempting to trade above 50 day EMA
KAVA crypto price is trading with mild bullish cues and buyers are trying to continue the upwards momentum. However, it will be difficult for bulls to take out the 50 day EMA hurdle in coming sessions. As of now, The pair of KAVA/USDT is trading at $0.738 with the intraday gains of 0.27% and 24 hour volume to market ratio stood at 0.1482
Will the KAVA bulls be able to reclaim $1.000 ?
Source: KAVA/USDT daily chart by Tradingview
On a daily time frame, KAVA crypto prices are in a downtrend and bears are continuing their dominance on higher levels. In the past couple of weeks the KAVA price has been stuck in the narrow range between $0.798 to $1.000 but unfortunately in the mid of December, prices dropped below the lower range support level which triggered the negative sentiment and prices keep on falling by form
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