Kava (KAVA) Price Prediction 2022

By TheNewsCrypto
Updated
Kava (KAVA) Price Prediction 2022

Kava (KAVA) holds the 106th position on CoinGecko right now. KAVA price prediction 2022 is explained below with a daily time frame.

The above chart of Kava (KAVA) laid out a descending triangle pattern. This pattern is often regarded as a characteristic of a bearish trend . It is formed by the upper trend line that connects the highs and a horizontal trend line connecting lows converges to form a triangle. If the price action breaches the lower support level , the bearish trend would be sustained.

Generally, a descending triangle pattern indicates the reversal of an uptrend or the continuation of the downtrend. Traders keenly look out for a significant breakout point.

Currently, Kava (KAVA) is at $0.878. If the pattern continues, the price of KAVA might reach the resistance level of $1.076 . If the trend reverses, then the price of KAVA may fall to $0.797

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