The asset's price, like most altcoins, has undergone a significant correction and is currently trading near its local low. However, despite the decline in quotations, the market is experiencing a noticeable increase in trading volumes, indicating strong demand from buyers. A confident absorption of supply during the downturn suggests potential interest in KAVA from large players.
From a volume analysis perspective, the price is within the Point of Control range, reflecting the highest trading volume in the current price corridor. This confirms substantial market participant interest and the formation of a liquidity zone, which may act as support if consolidation continues. If volumes continue to rise and the price holds above key levels, this could signal a trend reversal and the development of an upward momentum.
From a volume analysis perspective, the price is within the Point of Control range, reflecting the highest trading volume in the current price corridor. This confirms substantial market participant interest and the formation of a liquidity zone, which may act as support if consolidation continues. If volumes continue to rise and the price holds above key levels, this could signal a trend reversal and the development of an upward momentum.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.