May mor may not but my best guess
Looks like a mirror image of what happened before it took off at the start of Jan.
I post the image twice because I'm still getting used to this interface. I digress... Kava is getting ready to make a big move. SO LONG AS BITCOIN DOES NOT DROP , I'm expecting quite the show. $Kava to a new high of about $7.50 and here is why. It's payday around the globe. In places like Spain, India and other countries the norrm is getting paid only once a...
KAVA is keeping pace and the MA flip flop is proving to be a relevant indicator. We could see another 50% gain in price in time for the next crypto-payday promotion. It's hard to believe, heck, I barely believe it but, numbers backed by historical performance tend to come in close in the future. Icing on the cake would be a Coinbase add. May still be possible...
The last time this happened was on Aug 3rd, KAVA over the next 7 days rn up by 140%, with that same level of enthusiasm, Kava could find itself at $7.50 by Wednesday this coming week; possibly temporarily hitting as much as $10. But what does your crypto analyst know? Only time can tell, ball are on the table, this is quite the claim, let's see how this plays out....
I'm trying to look past the shifting of funds and remember the end game. Kava will likely be at the top of its next breakout Wednesday next week. two reasons, Fiat payday, and Crypto-Payday. Hopefully some technical news on their progress or partnerships are shared. If a Coinbase listing happens we could see well beyond these projections. Let's hope the dev and...
logarithmic analysis is always better when dealing with parabolic moves. Looking at Kava on the charts, its looks like it healthy just being valued for its utility. Looking forward to higher highs. Kava is still in its first few steps of a very long and bright future.
From an 8 hour longer-term perspective, now is looking like the low for a larger continued bull run. BTCUSDT will have to take a dip to springboard to new highs. There is the chance it could sink, but not showing up here. It would have to break under the springboard line to be a clear bear signal.
If we break 8500 then we could see a retracement of about 50-60% hit various support levels on the way down. to between 7,600 - 6,800. We would then see some sideways action before wave 3 which could take us up to the 12,500 range.