Can KDA Price Survive Above $1?

Cryptomonk

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The rising trend-momentum of the bearish phase and the bearish candlestick pattern warns of a crash in Kadena. However, the presence of multiple supports can result in a price reversal.

The reversal possibilities are strong at $1 and the 50-day EMA. However, a drop below these can retest the rising support trendline at $0.85.
 
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