How does it rank Friday on long-term trading metrics?

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Kava receives a low long term technical score of 19 from InvestorsObserver To analyse. Our proprietary scoring system considers trading patterns over the past few months to a year by analyzing the token’s consistency, volatility, and relative position against long-term averages to determine if it is a solid investment opportunity. Currently, KAVA holds a long-term technical analysis score above 19% of cryptocurrencies. Long-term investors employing a buy and hold strategy will find the long-term ranking particularly relevant when allocating their assets and may find additional value by finding cryptos with a high short-term technical score to uncover. chips that have hit rock bottom.

InvestorsObserver gives Kava a 19th long term technical rank. Find out what this means for you and get the rest of the leaderboard on Kava!

Business analysis

The current trading price of $3.670000000 for KAVA is -$0.7300000 (-16.52%) below the token 100-day moving average of $4.400000000. KAVA, meanwhile, is $1.4700000 (-332.37%) above its 52-week low of $2.200000000 and -$5.52000000 (-68.83%) below its 52-week high price of $9.190000000. Kava’s current price against the token’s long-term average and 52-week highs and lows, gives the crypto a long-term average technical rating of 19. KAVA’s price movement and range suggest that the investors are bearish on the token right now. . Kava has a market capitalization of $560,594,446.91 and a relatively average average daily volume with $971,036,330.74 in currency traded in a typical 24-hour period. In the past 24 hours, KAVA’s volume is below its seven-day average with 126,431,364.79 traded. Decentralized Finance subclass of this token: DeFi, or decentralized finance, tokens are tokens created as an alternative to traditional financial institutions. These tokens are designed to alleviate the needs of brokers, exchanges and/or banks by offering traditional financial products or services without the need for central authority through the use of smart contracts.

Summary

Trading patterns over the past year for Kava gave the token a low long-term technical score of 19 as its consistency, volatility, and relationship to long-term averages gave investors reason to be bearish on the token. Click here for the full kava (KAVA) report.

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