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.
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.
KDA Price Reversal Warns A Quick Drop To $1. Should You Be Buying?
With the golden days of recovery in late 2023 becoming a past, Kadena finally enters an intense pullback phase as it fails to cross the $1.5 mark.
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