KAVA (Kava.io): Approaching ResistanceTrade setup : Price remains in a downtrend, trading well below 200-day moving average. It had a bearish breakout from Falling Wedge pattern and dipped as low as $0.32, making a new 52-week low. It bounced from very oversold levels (RSI < 25!) near that $0.32 support and is approaching $0.42 resistance now, where it's likely to get rejected and revisit $0.32. It's too early to tell if this is a sign of trend reversal or just a bounce in a downtrend.
Pattern : Price is Approaching Resistance , which is a level where it could pause or reverse its recent advance, at least temporarily. Resistance is often a level where price got rejected in the past, or potentially prior Support level that was broken. (concept known as polarity). Once price breaks above resistance, it can advance higher to the next resistance level. Learn to trade key levels in Lesson 7.
Trend : Short-term trend is Strong Down, Medium-term trend is Strong Down and Long-term trend is Strong Down.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Support and Resistance : Nearest Support Zone is $0.32. Nearest Resistance Zone is $0.42, then $0.55.
Kavaio
KAVA: Resistance BreakoutKava (KAVA) technical analysis:
Trade setup : Kava has traded completely against the market in recent week. This is bullish as it shows that there’s demand for the asset regardless of the overall bearish market sentiment. Price broke above 200-day moving average and $1.00 resistance which are signs of Uptrend. It retested those levels and bounced back up, which should confirm the bullish breakout. Upside potential to $1.40.
Trend : Uptrend across all time horizons (Short- Medium- and Long-Term).
Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI > 55 (Bullish). MACD Histogram bars are rising, which suggests that momentum could be nearing another upswing.
Support and Resistance : Nearest Support Zone is $1.00 (previous resistance), then $0.76. The nearest Resistance Zone is $1.15, which it broke, then $1.40.
KAVA: Resistance BreakoutKava (KAVA) technical analysis:
Trade setup : Kava has traded completely against the market in recent week or two. This is bullish as it shows that there’s demand for the asset regardless of the overall bearish market sentiment. Price broke thru $1.00 resistance and 200 day moving average, which are signs of Uptrend. Upside potential to $1.15.
Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.76, then $0.50. The nearest Resistance Zone is $1.00, which it broke, then $1.15, and $1.40.
KAVA: Approaching ResistanceKava (KAVA) technical analysis:
Trade setup : Kava has traded completely against the market in recent week or two. This is bullish as it shows that there’s demand for the asset regardless of the overall bearish market sentiment. Price bounced off of $0.75 support zone, which held up several times in 2023 as well and broken back above 200-day MA, which is a indication of potential bullish trend reversal. It’s now approaching $1.00 resistance area, which is a big test. If able to break above $1.00, it would confirm a bullish trend reversal.
Trend : Uptrend on Short-Term basis and Downtrend on Medium- and Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.76, then $0.50. The nearest Resistance Zone is $1.00, then $1.15, and $1.40.
KAVA: Resistance Breakout!Kava (KAVA) technical analysis:
Trade setup : Price has broken above $1.00 resistance area and 200-day moving average to resume Uptrend. Upside potential to $1.40+ Momentum turned bullish again (MACD crossover). Our own proprietary research report published on 24th August highlighted several upcoming catalysts that could dramatically increase TVL (Total Value Locked) on this leading DeFi lending platform and potentially drive up the token price.
Trend : Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.80 (previous resistance), then $0.50. The nearest Resistance Zone is $1.00, which it broke, then $1.40.
KAVA has just flashed the insane short signal!Hello, traders!
After my today’s article with short trade on Bitcoin the entire crypto market has started it’s dump and we can divide our short trades between different assets. Today I found the short setup on the KAVA.
On the 4h BINANCE:KAVAUSDT chart we can see that the price is going to show us the significant correction. The market now have the greed state which is unusual for the bull market start, that’s why the correction will continue in my opinion. KAVA has broken it’s key fractal level at $0.99 . We can try to open short now or on retest of this level with the stop loss just above the previous up fractal at $1.05 . If the price break this level it would be the nice long entry point.
Let’s notice that the down fractal was broken below the red Alligator line, therefore this signal is valid. The potential target for KAVA is $0.83 at the Fibonacci golden pocket. If you believe in the bull market you can buy KAVA on spot there.
Best regards, Ivan
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If you like my trade ideas, please smash the boost button to stimulate me make more quality analytics!
Kava. io formed bullish Gartley for upto 17% pumpHi dear friends, hope you are well and welcome to the new trade setup of Kava. io (KAVA) token with US Dollar pair.
Previously priceline of KAVA slightly dropped but recovered soon and pumped well.
Now on a daily time frame, KAVA has formed another bullish Gartley move. At the moment, the priceline is slightly geared up, therefore, we can wait for some correction to buy it within the buying zone.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
KAVA (Kava) Token Analysis 26/03/2022Fundamental Analysis:
Kava is a cross-chain DeFi lending platform that allows users to borrow USDX stablecoins and deposit a variety of cryptocurrencies to begin earning a yield.
The Kava DeFi hub operates like a decentralized bank for digital assets, allowing users to access a range of decentralized financial services, including its native USD-pegged stablecoin USDX, as well as synthetics and derivatives. Through Kava, users are able to borrow USDX tokens by depositing collateral, effectively leveraging their exposure to crypto assets.
Built on the Cosmos blockchain, Kava makes use of a collateralized debt position (CDP) system to ensure stablecoin loans are always sufficiently collateralized. If a borrower fails to maintain their collateral above a required threshold, the Kava liquidator module will seize collateral from failing CDPs and send it to the auction module for sale.
In addition to Kava's USDX stablecoin, the Kava blockchain also includes the native KAVA token. This is a utility token used for voting on governance proposals and also functions as a reserve currency for when the system is undercollateralized.
Kava differentiates itself from other similar decentralized lending platforms thanks to its support for cross-chain assets.
Thanks to Cosmos’ zones technology, Kava users will be able to deposit a wide array of native assets, including Bitcoin (BTC), XRP, Binance Coin (BNB) and Binance USD (BUSD). But for now, cross-chain assets must be wrapped as Binance Chain (BEP2) assets.
Likewise, Kava also allows users to earn a yield by minting its USDX stablecoins. Once minted, these USDX tokens can be contributed to Kava's money market, known as HARD Protocol, earning the user a variable APY while their collateral remains secured by Kava.
Kava users can run their own staking node to earn KAVA rewards directly from the protocol. However, only the top 100 Kava nodes (also known as validators) are eligible to receive these rewards. Beyond this, KAVA holders can stake their tokens on a variety of compatible exchange platforms, like Binance and Huobi Pool.
Beyond this, users can earn regular KAVA rewards by minting USDX on the platform. The system also employs several mechanisms to burn KAVA tokens, helping to reduce the circulating supply.
Kava is built on Cosmos, and uses a Tendermint-based proof-of-stake (POS) consensus mechanism to ensure the integrity of the network.
This uses a network of validator nodes for confirming transactions. These validator nodes must put up collateral to take up the duty of validating transactions. If validators misbehave or fail to meet rigorous minimum requirements, their stake will be penalized — thereby incentivizing validators to remain honest and efficient.
Kava's smart contracts have been audited by multiple independent blockchain and crypto security firms, including CertiK, B-Harvest and Quantstamp. To date, no vulnerabilities have been found.
Kava Labs, Inc., the parent company behind Kava, was co-founded by Brian Kerr, Ruaridh O'Donnell and Scott Stuart.
Brian Kerr is the current CEO of the platform and previously worked as an advisor for several blockchain and crypto platforms, including Snowball and DMarket. Kerr has had a varied and successful career and was educated in business administration.
Ruaridh O'Donnell, an MSc Physics graduate, is listed as Kava's second co-founder and is a former engineer and data analyst at Levelworks. The final Kava co-founder is Scott Stuart, a former professional poker player who currently works as a product manager at Kava Labs.
Kava Labs also lists a dozen other employees and contractors, arguably the most prominent of which is Denali Marsh — an experienced smart contract developer and auditor who occupies the role of blockchain engineer at Kava.
The KAVA token first launched in 2019 following several private sales and a Binance Launchpad initial exchange offering (IEO). In total, 40% of KAVA tokens were sold to private sale investors, whereas 6.52% of the total supply was sold on Binance Launchpad — raising ~$3 million.
Of the remaining KAVA token supply, 25% was allocated to Kava Labs shareholders, whereas the final 28.48% is assigned to the Kava Treasury — to be used for growing the Kava ecosystem.
As of November 2020, almost 47 million KAVA tokens are in circulation, out of the current maximum supply of 111.5 million tokens. However, since KAVA is inflationary, this maximum supply increases over time — by between 3% to 20% per year, depending on the proportion of KAVA tokens that are staked. The maximum supply can also increase if KAVA needs to be minted to ensure the market remains sufficiently collateralized.
As per projections made by Binance, the KAVA token should reach 100% dilution by October 2022.
The current CoinMarketCap ranking is #113, with a live market cap of $618,478,209 USD. It has a circulating supply of 164,914,018 KAVA coins and the max supply is not available.
Technical Analysis:
There exist a Bullish Divergence of Price and MACD which is the sign of Bearish trend reversal and Start of the new bullish wave and new Cycle.
The Price has fallen below the 61.8% of the Fibonacci level which is a very important area for the correctional zones and Reaccumulating.
We have total of 3 Targets Defined using Fibonacci Trend Base Extension levels which are very accurate to find the Hight of the new cycle using the Past Impulsive cycles.
The 3 TP gets its confirmation as the Price Triggers the 2 TP which is located at the extension zone of the Fibonacci Trend Based Extension and once the price touches this area it means the 3 TP is mostly to be achieved on the same cycle.
KAVA (Kava.io) Token Analysis 27/04/2021As We have Analyzed, Purchased the Token and Took Position on the Futures of This Token Earlier...
Fundamentals:
Kava is a cross-chain DeFi lending platform that allows users to borrow USDX stablecoins and deposit a variety of cryptocurrencies to begin earning a yield.
The Kava DeFi hub operates like a decentralized bank for digital assets, allowing users to access a range of decentralized financial services, including its native USD-pegged stablecoin USDX, as well as synthetics and derivatives. Through Kava, users are able to borrow USDX tokens by depositing collateral, effectively leveraging their exposure to crypto assets.
Built on the Cosmos blockchain, Kava makes use of a collateralized debt position (CDP) system to ensure stablecoin loans are always sufficiently collateralized. If a borrower fails to maintain their collateral above a required threshold, the Kava liquidator module will seize collateral from failing CDPs and send it to the auction module for sale.
In addition to Kava's USDX stablecoin, the Kava blockchain also includes the native KAVA token. This is a utility token used for voting on governance proposals and also functions as a reserve currency for when the system is undercollateralized.
Kava differentiates itself from other similar decentralized lending platforms thanks to its support for cross-chain assets.
Thanks to Cosmos’ zones technology, Kava users will be able to deposit a wide array of native assets, including Bitcoin (BTC), XRP, Binance Coin (BNB) and Binance USD (BUSD). But for now, cross-chain assets must be wrapped as Binance Chain (BEP2) assets.
Likewise, Kava also allows users to earn a yield by minting its USDX stablecoins. Once minted, these USDX tokens can be contributed to Kava's money market, known as HARD Protocol, earning the user a variable APY while their collateral remains secured by Kava.
Kava users can run their own staking node to earn KAVA rewards directly from the protocol. However, only the top 100 Kava nodes (also known as validators) are eligible to receive these rewards. Beyond this, KAVA holders can stake their tokens on a variety of compatible exchange platforms, like Binance and Huobi Pool.
Beyond this, users can earn regular KAVA rewards by minting USDX on the platform. The system also employs several mechanisms to burn KAVA tokens, helping to reduce the circulating supply.
What can the Kava token (KAVA) do?
The Kava token serves three main functions:
1.Governance
2.Security
3.Recapitalization
For governance, KAVA holders can participate, vote, and propose changes to the Kava protocol. These changes can take the form of smart contract modifications, adjustments to the global debt limit, or the addition or removal of collateral assets, among other considerations. Voting can be conducted either directly or delegated to validators. The numerous implemented and proposed changes can be viewed freely on Kava’s governance page.
In terms of security, KAVA is used to validate transactions on the network. The protocol’s Proof of Stake (PoS) consensus mechanism enables KAVA token holders to stake their tokens and validate transactions. The top 100 stakers, determined by their proportion of staked KAVA, are designated as validators. Rewards are paid to these validators in KAVA derived from transaction fees and block rewards to incentivize proper validation of the system. Non-performance or improper validation results in the reduction of these rewards.
Finally, there is KAVA’s role as a reserve currency for recapitalization. In the event that the Kava protocol becomes undercollateralized, additional KAVA tokens are minted by the protocol and sold for USDX through auctions. This occurs until the system returns USDX to its target peg of 1 U.S. dollar.
Similarly, if the Kava protocol is sufficiently collateralized, the stability fees (paid in KAVA) from loans/collateralized debt positions (CDP) are burned. This reduces the token’s supply and increases its scarcity and value. In this way, proper governance results in KAVA’s appreciation and vice versa.
Kava is built on Cosmos, and uses a Tendermint-based proof-of-stake (POS) consensus mechanism to ensure the integrity of the network.
This uses a network of validator nodes for confirming transactions. These validator nodes must put up collateral to take up the duty of validating transactions. If validators misbehave or fail to meet rigorous minimum requirements, their stake will be penalized — thereby incentivizing validators to remain honest and efficient.
Kava's smart contracts have been audited by multiple independent blockchain and crypto security firms, including CertiK, B-Harvest and Quantstamp. To date, no vulnerabilities have been found.
Kava Labs, Inc., the parent company behind Kava, was co-founded by Brian Kerr, Ruaridh O'Donnell and Scott Stuart.
Brian Kerr is the current CEO of the platform and previously worked as an advisor for several blockchain and crypto platforms, including Snowball and DMarket. Kerr has had a varied and successful career and was educated in business administration.
Ruaridh O'Donnell, an MSc Physics graduate, is listed as Kava's second co-founder and is a former engineer and data analyst at Levelworks. The final Kava co-founder is Scott Stuart, a former professional poker player who currently works as a product manager at Kava Labs.
Kava Labs also lists a dozen other employees and contractors, arguably the most prominent of which is Denali Marsh — an experienced smart contract developer and auditor who occupies the role of blockchain engineer at Kava.
The KAVA token first launched in 2019 following several private sales and a Binance Launchpad initial exchange offering (IEO). In total, 40% of KAVA tokens were sold to private sale investors, whereas 6.52% of the total supply was sold on Binance Launchpad — raising ~$3 million.
Of the remaining KAVA token supply, 25% was allocated to Kava Labs shareholders, whereas the final 28.48% is assigned to the Kava Treasury — to be used for growing the Kava ecosystem.
As of November 2020, almost 47 million KAVA tokens are in circulation, out of the current maximum supply of 111.5 million tokens. However, since KAVA is inflationary, this maximum supply increases over time — by between 3% to 20% per year, depending on the proportion of KAVA tokens that are staked. The maximum supply can also increase if KAVA needs to be minted to ensure the market remains sufficiently collateralized.
As per projections made by Binance, the KAVA token should reach 100% dilution by October 2022.
The live Kava.io price today is $4.82 USD with a 24-hour trading volume of $81,159,916 USD. Kava.io is up 11.39% in the last 24 hours. The current CoinMarketCap ranking is #166, with a live market cap of $282,289,646 USD. It has a circulating supply of 58,524,186 KAVA coins and the max. supply is not available.
Technical Analysis:
the Token has done its accumulation Phase followed by distribution it 2 Impulsive cycles and currently it is at the Golden Area of the Fibonacci Retracement Zone,
there chances that The price Keeps its retracement going to the lower level of 78.6% which is a very strong Support for the price,
as we can see there exist a Hidden Bullish Divergence of the Price and MACD signal and line, which is a good sign of Bullish Trend Continuation. after the retracement cycles gets over and the bearish trend reverse to the Bullish rally, so does it start its 3 impulsive cycle.
there are total 3 Targets defined by Fibonacci Projection of the first impulsive wave,
the 3 TP gets its confirmation as soon as the price Triggers the 2 TP which is the 161.8% (extension) level of the same Projection followed by some price correction and retracement.
KAVA Token Is Going To Set A New All Time HighHi dear friends, hope you are well, and welcome to the new update on Kava. io (KAVA) token.
Big Broadening wedge:
On a weekly time frame, the priceline of KAVA is bounced from the support of a huge broadening wedge pattern. Stochastic has turned bullish from the oversold zone. There is also a hidden bullish divergence as the priceline is forming higher lows and stochastic is setting higher lows.
Daily channel:
On a daily time frame, KAVA has reached the resistance of a down channel, and in case of breakout, it can start a big move at least to the resistance of the big broadening wedge that is formed on the weekly chart to set a new all-time high.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Kava.io (KAVA) formed bullish Gartley for upto 216% massive moveHi dear friends, hope you are well and welcome to the new trade setup of Kava. io (KAVA) token
Previously we had a nice trade of KAVA:
Now on a weekly time frame chart, KAVA has formed bullish Garltey move. There is also 100 simple moving average support in buying zone.
KAVACan Stake Kava for 20% APR in Kraken.
What Is Kava (KAVA)?
Kava is a cross-chain DeFi lending platform that allows users to borrow USDX stablecoins and deposit a variety of cryptocurrencies to begin earning a yield.
The Kava DeFi hub operates like a decentralized bank for digital assets, allowing users to access a range of decentralized financial services, including its native USD-pegged stablecoin USDX, as well as synthetics and derivatives. Through Kava, users are able to borrow USDX tokens by depositing collateral, effectively leveraging their exposure to crypto assets.
Built on the Cosmos blockchain, Kava makes use of a collateralized debt position (CDP) system to ensure stablecoin loans are always sufficiently collateralized. If a borrower fails to maintain their collateral above a required threshold, the Kava liquidator module will seize collateral from failing CDPs and send it to the auction module for sale.
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Trading Parts :
- Buy Now around 3.1$
- TP1 : 4.95$ (Security TP)
- TP2 : 5.95$
Stop Loss : 2.48$
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Stay S4fe!
Happy Tr4Ding !
KAVA Buy Opportunity 53% Gain from Buy Zone 1KAVA Buy Opportunity 53% Gain from Buy Zone 1 @ 61.80% Fibonacci Level.
Kava approaching Buy Zone 1 again, some sweet gains to be made back to ATH levels. Re-entering in this Buy Zone.
Update from 19/03/21
Excellent buy opportunity for a 30% Gain back to ATH price @ $7.42, our current price target is at the 127.20% Fibonacci level @ $8.67 (53% Gain). The price of KAVA broke down past the 13 EMA to test the 50 SMA , this downward pressure seems to have exhausted now and we expect the Bulls to come back in the market to test the 13 EMA and push past this level signalling a strong continuation pattern back towards the ATH . We saw a similar move on the 15th March where the price broke down the 13 EMA to test the 50 SMA and then bounced back to upside testing and breaking through the 13 EMA gaining 40% from $4.99 to $7.02.
Use the Buy Zone to map out a sniper entry at the 61.80% Fibonacci level. KAVA is a great project with a lot of potential in the mid-long-term as we see waves of new institutional money flooding into the market. We bought in at the 61.80% Fibs @ $5.6 and if we test lower levels we will be looking to accumulate more coins. The bearish scenario is still possible but we do not expect to see the price go lower than the range between the 50%-38.20% Fibonacci level ($5.11 - $4.57), the stochastics are showing an extremely oversold market on the 4H, be patient wait for confirmation before entering.
Key Notes on Kava:
Kava, built on the Cosmos SDK, is quickly gaining momentum as the most trusted DeFi platform for institutional clients around the world. Kava plans to take another major step forward towards that end through an integration with Cosmos’s recently launched Inter-Blockchain Communication Protocol ( IBC ). Kava will then use IBC to make Chainlink’s widely used and secure decentralized data feeds available to blockchains across the wider Cosmos ecosystem.
The use of Chainlink data as part of the broader Kava DeFi ecosystem is not new. Kava first integrated Chainlink back in May of 2020. Onboarding Chainlink Price Reference Data oracles onto the Kava blockchain has provided a valuable service to all users of its DeFi ecosystem. As more financial institutions make their way to Kava, direct on-chain access to real-time and tamper-resistant data will prove increasingly beneficial to everyone.