#KAVA đŽ is currently compressed within a falling wedge pattern, building up momentum for a potential bullish breakout.
If the bulls muster enough strength, we could see KAVAUSDT break free from this formation, potentially igniting a powerful bullish wave. The price may surge toward the internal resistance zone around $0.388 if this trend continues. We might even see momentum push toward a major resistance level if momentum persists!
But caution is essential. If the bulls canât deliver the necessary momentum, we might see KAVA slipping toward the lower support zone at $0.23â$0.25 as it hunts for liquidity.
If this critical support zone also fails, bearish pressure could increase, leading to a further decline. #Write2Earn!
Data showed BTC price weakness producing lows of $57,230 on Bitstamp â a level last seen on Aug. 16.
Bitcoin thus finished August down 8.6%, below its average of 1.75% gains, per data from monitoring . Its figures likewise reveal that September is historically a poor month for BTC/USD, with average losses totaling 4.5%.
#Write2Earn! #darusdt Analysis . Currently, #DARUSDT is navigating a pivotal demand zone, hinting at a possible bullish surge. The token has been on a descending resistance trend, but recent price action within the $0.14800-$0.13350 range shows promising momentum.This zone is essential for sustaining any bullish movement. If #DARUSDT can hold its ground, we could see a push towards the significant resistance level at $0.18600 .