Based on today's classical pivot point (P1) with the value of $0.04512, Kava has support levels of $0.04476, $0.04442, and the strongest at $0.04406. Similarly, Kava resistance levels are at $0.04546, $0.04583, and $0.04616.
| # | Price | Strength |
|---|---|---|
| S1 | $0.04476 | |
| S2 | $0.04442 | |
| S3 | $0.04406 |
| # | Price | Strength |
|---|---|---|
| R1 | $0.04546 | |
| R2 | $0.04583 | |
| R3 | $0.04616 |
Technical indicators are an essential tool for conducting technical analysis. They provide insights into an asset's market status, investor sentiment, and more, thereby helping investors make more informed trading decisions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 48.20 | NEUTRAL |
| Stoch RSI (14) | 31.36 | NEUTRAL |
| Stochastic Fast (14) | 59.28 | NEUTRAL |
| Commodity Channel Index (20) | 17.91 | NEUTRAL |
| Average Directional Index (14) | 13.65 | NEUTRAL |
| Awesome Oscillator (5, 34) | 0.00 | NEUTRAL |
| Momentum (10) | 0.00 | NEUTRAL |
| MACD (12, 26) | 0.00 | NEUTRAL |
| Williams Percent Range (14) | -40.72 | NEUTRAL |
| Bull Bear Power (13) | -0.00 | SELL |
| Ultimate Oscillator (7, 14, 28) | 46.68 | NEUTRAL |
| VWMA (10) | 0.05 | SELL |
| Hull Moving Average (9) | 0.05 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 0.04 | NEUTRAL |
Over the past 7 days, Kava price was most positively correlated with the price of Sun Token (SUN), Quant (QNT), Injective (INJ), Tezos (XTZ) and Immutable X (IMX) and most negatively correlated with the price of OKB (OKB), Pump.fun (PUMP), KAITO (KAITO), Aave (AAVE) and Aerodrome Finance (AERO).
| Name | Correlation |
|---|---|
| Sun Token | 0.790 |
| Quant | 0.780 |
| Injective | 0.759 |
| Tezos | 0.753 |
| Immutable X | 0.742 |
| Name | Correlation |
|---|---|
| OKB | -0.632 |
| Pump.fun | -0.610 |
| KAITO | -0.594 |
| Aave | -0.556 |
| Aerodrome Finance | -0.517 |
Kava price is positively correlated with the top 10 coins by market cap with a price of 0.222, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.319.
Currencies that are positively correlated with Kava indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Kava, a move in one direction for Kava would translate into a move in the opposite direction for the negatively correlated coin.
