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Kadena price prediction: KDA meets historical support

 


Kadena price is now facing historical support between $0.9 and $0.12355. This is where the highlights of the last few years are located.


Kadena price could rise to the nearest Fib resistances

There the Kadena course could now bounce to target the next Fibonacci resistances at around USD 1.7 and USD 2. Otherwise, the 50-week EMA is acting as a significant resistance around $3.22.


However, the MACD histogram starts ticking bearishly lower this week while the MACD lines are still crossed bullishly.


In the daily chart, the death cross remains intact

The MACD is also bearish on the daily chart. Thus, the MACD lines are bearishly crossed and the histogram of the MACDs is ticking bearishly lower. The RSI is neutral.


In addition, the EMAs are in a death cross, confirming the bearish trend in the short to medium term.

The death cross is also intact in the 4H chart, which confirms the trend bearishly in the short term. In addition, the histogram of the MACDs is ticking bearishly lower and the MACD lines are bearishly crossed.


The Kadena course is now also encountering significant support against BTC

The KDA course is now also hitting historical support against BTC, which is between 0.00005741 BTC and 0.000068 BTC. Should Kadena bounce off it, the crucial Fib resistances are waiting at around 0.0001977 BTC and 0.00029 BTC.


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All information contained on our website has been researched to the best of our knowledge and belief. The journalistic contributions are for general information purposes only. Any action taken by the reader based on the information found on our website is entirely at their own risk

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