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.
Kavausd
#KAVA/BTC 1DAY UPDATE BY CRYPTOSANDERSWelcome to this quick
KAVA/BTC analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-KAVA/ btc is a triangle pattern create and buy the green zone
Entry:- 0.0000775,0.0000870
Target:- 800% to 1000%
Stop loss:- 0.0000650
With leverage 3x to 5x
And long term hold and good profit 😉🙂😊✈️✈️
Q:-What do you think about this?
Do you think we will see a new ATH of kava in the next quarter?
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Happy trading.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
KAVAUSD H8: 400% gains BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)Why get subbed to me on Tradingview?
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KAVAUSD H8: 400% gains BEST LEVEL TO BUY/HOLD(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
READ ENTIRE IDEA BEFORE EXECUTING.
🔸 Summary and potential trade setup
::: KAVAUSD 8hour/candle chart review
::: updated outlook still valid today
::: CORRECTION MODE next 1-2 weeks
::: correction just started not OVER
::: chart is LOG SCALE
::: get ready to BUY LOW later
::: BUY LOW near my levels
::: entry - after 20% CORRECTION
::: up to 100% gains possible later
::: short-term pullback/correction
::: SPECULATIVE SETUP
::: do your own due dill
::: and use proper risk management
::: TP bulls is +100% gains
::: details: see chart
::: FINAL TP is 100% gains
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +100% gains 4.90 USD
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment short-term: PULLBACK/CORRECTION NOW
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Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
KAVAUSDT - Bullish Pattern!!KAVAUSDT (4h Chart) Technical analysis
Broadening Wedge Pattern
KAVAUSDT (4h Chart) Currently trading at $3.65
Buy level: Above $3.55
Stop loss: Below $3.35
TP1: $3.85
TP2: $4
TP3: $4.6
TP4 : $4.8
Max Leverage 3x
Always keep Stop loss
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KAVAUSDT - Resistance Breakout!KAVAUSDT (4h Chart) Technical analysis
KAVAUSDT (4h Chart) Currently trading at $5.2
Buy level: Above $5.1
Stop loss: Below $4.22
Target 1: $5.5
Target 2: $6
Target 3: $6.6
Target 4: $7
Max Leverage 2x / Spot Market
Always keep Stop loss
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KAVA | Breaking out of Descending Channel..!!
#KAVA (Update)
Pay Attention to KAVA..
In Daily timeframe Chart, Breaking out of Descending Channel After Long consolidation..
Volume has been Increasing..
Expecting +80% Bullish Wave so don't miss the Ride..
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Kava bullish like LinkHi
Here another one similar to Link
Stochastic crossed up from a low point : 15 ,and is moving up above 20
RSI look like bullish to, near the 50 zone
I think this one can move up to 4.08$ ~
The 0.5 fib level from middle top (at 6.85$) to current low at 3.19$ is at 4.9$
Let see what will append.
KAVA Token target buy/sell prices and possible trendlinesThe recent, larger sell-off on large cap crypto catalyzed by news events influences sell-offs on smaller cryptocurrencies, including the Cosmos network DeFi derivative, KAVA. The appeal KAVA holds to me personally is its high yield API (20% annually, distributed twice a week). This combined with its beautifully abundant swings and dedicated long term staked investors makes for plenty of profitable opportunities.
With a red line I highlight what I perceive as the recent bear trend (which more or less is a bear cliff as of the ATH which was defined in September, 2021 as 9.218). This sell-off was met with resistance a few days ago at the support price of 3.081, and one of the more large scale bull trend (Bull Trend 1, in blue). A break above this short term bear trend may validate my designated bull trend, implying a continuation of KAVA's macro bullish directionality with the possibility of another eventual retest of the ATH. A break below the bull trend, and continuation of the bear trend may be met with demand with another candidate bull trend which I have marked with a green line on the chart (Bull Trend 2).
In either case, at the moment, I plan to hold and continue purchasing KAVA, picking more up at my designated supply/demand prices, and taking profit at my designated supply/resistance price targets.
My buy targets for KAVA are:
$3.081
$2.109
$1.123
Sell targets are:
$5.534
$8.157
$9.218
The price targets and trends I provide are my own anecdotal opinions and I observe them making room for error.
KAVA fast catchQuick Trade.
---------------------------------------------------
Trade Plan
---------------------------------------------------
Buy Zone 1 : 5.40$ ( 25% invest )
Buy Zone 2 : 4.50$ ( 75% invest )
Stop Loss : 3.90$
OR
Full Rebuy 3.10$ ( add +100% invest )
---------------------------------------------------
Happy Tr4Ding!
KAVA to doubleKAVA seems to be getting ready to break up this triangle 📐 and if successful I think there is chance for run to 10 and even higher. That would mean doubling it's price ... 💯%
ENTRY : local high @ 4.99
SL : local low @ 3.20
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 10.1
RRR : 2.9
INVALIDATION : when SL level hit
Like👍 & Enjoy📺!
KAVA - does the fall continue 😲❓Finally, bitcoin has been corrected. All altcoins have been corrected along with it. Nothing has changed globally, bitcoin is still moving in an uptrend.
And corrections are a normal thing.
KAVA is now testing the trend line, which acts as a support for now.
But at the same time, no buyer strength is visible. Additionally, it is worth noting that the price is starting to squeeze, which is a bad signal. In case of a breakdown, there could be a fall to the targets marked below.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
☕KAVA- Rising wedge, B-wave pump now?Today I had a look at KAVA and spotted an obvious rising wedge pattern. The price action fits very nicely into elliot wave cycle scheme, which suggests that the ATH created in August 2021 was the end of wave (5), after which the price entered phase A of corrective ABC scheme. After quick bounce from the dynamic support on Nov 11th the price is now trading in the bottom area of the formation consolidating on horizontal support (5.73). If buyers manage to defend this level, we can expect more upward pressure very soon. Although this idea is more bearish for the next few months, there's still an opportunity to benefit from a potential short-term bounce.
The targets for this bounce are: 6.84 and 8.19.
Feel free to share your thoughts in the comments.
-----------------
About 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.
Source: coinmarketcap
Kava repeating its very interesting harmonic patternLook at the chart, history not always repeat but it does rhyme.
I am bullish on this move, although if this long term setup is broken, new support/trends need to be establish. Hence a strict stop loss is recommended
Good for a leveraged position. Manage your risk
WAGMI 🤝
KAVAUSDT - Wait until timing for entryBINANCE:KAVAUSDT
4H trend chart
-
KAVA is consolidating as a triangle since 8/21
This triangle is formed with a downtrend line and support zone.
If price can break out the downtrend line, trading strategy as below.
-
Profit Targets:
a) 6.852----Green horizontal ray
b) 9.218----Fib(1)
c) 11.028~11.760----Fib(1.272~1.382)
Stop losses:
a) 4.9658-----Red horizontal ray
-
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