This trade setup involves a bullish breakout of the descending triangle. It is possible that the price will gain strength in the following days, approaching $2 resistance. This leading DeFi lending platform could have several catalysts that could cause TVL (Total Value Locked) to greatly increase on this 24th August research report.
Long- and medium-term trends are down. Short-term trend is neutral.
The MACD Line is above the MACD Signal Line, and the RSI is above 55, indicating that momentum is bullish.
The On Balance Volume (OBV) is rising, indicating that volume on up days is greater than volume on down days. The supply (sellers) exceeds the demand (buyers).
It is estimated that the nearest Support Zone is $1.40. It is estimated that the nearest Resistance Zones are $2.00, $2.30, and $3.00.
THE FUNDAMENTAL OF THIS COIN IS:-
KAVA (Kava.io)
FINAL COUNTDOWN:
Kava 11 Liquid Mainnet goes LIVE in 24 hours⌛ t.co/BDD6SFICeO
Long- and medium-term trends are down. Short-term trend is neutral.
The MACD Line is above the MACD Signal Line, and the RSI is above 55, indicating that momentum is bullish.
The On Balance Volume (OBV) is rising, indicating that volume on up days is greater than volume on down days. The supply (sellers) exceeds the demand (buyers).
It is estimated that the nearest Support Zone is $1.40. It is estimated that the nearest Resistance Zones are $2.00, $2.30, and $3.00.
THE FUNDAMENTAL OF THIS COIN IS:-
KAVA (Kava.io)
FINAL COUNTDOWN:
Kava 11 Liquid Mainnet goes LIVE in 24 hours⌛ t.co/BDD6SFICeO