Kava / TetherUS

Is it possible for Kava's uptrend to begin?

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Coin Kava is currently trading within a range, also known as an accumulation zone, between 0.5307 and 1.13 on the weekly timeframe. Considering the overall uptrend in the crypto market and the upward trend supported by the 7-day SMA (Simple Moving Average), along with positive dominance compared to Bitcoin, if the price breaks above the upper boundary of 1.13 and consolidates above this level, there is a possibility of a sharp upward trend. This could potentially be an entry option for a buying trade. However, please note that this opinion is entirely personal, and it is not a recommendation for buying or holding this coin. Please enter the trade with your own personal strategy.

Penafian

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