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Cryptocurrency News Articles
KAIA –Face BEARISH PRESSURE WITH OPPORTUNITY FOR REBOUND .. But . #MyFamily Here is solid opportunity for $KAIA buying ... must buy it and Take Long positions on it... Surely will break ATH $0.3824 .. Will hit $0.45 soon..
Dec 17, 2024 at 05:04 am
KAIA is currently trading at $0.2715, down 8.03% for the day, after hitting a low of $0.2295 and a high of $0.3002. @Kaia Chain : Redefining Web3 Connectivity in Asia through Binance Integration
KAIA encountered bearish pressure on Friday, presenting an opportunity for a rebound.
The token's price dropped 8.03% to trade at $0.2715, after hitting a low of $0.2295 and a high of $0.3002 for the day.
KAIA's bearish session came as a response to a 12.27% gain on Thursday, and a 33.07% rally over the past seven sessions.
The token hit a low of $0.1988 on February 13, before beginning its recent rally, which saw it hit a high of $0.3824 on March 3.
KAIA last hit a record high of $0.45 on January 15, and was up around 25% from Friday's price.
The token's relative strength index was at 33.08, indicating that KAIA was oversold.
However, technicals pointed to a potential buy, with the token's 200-day moving average at $0.2368, offering support below Friday's price.
KAIA's 50-day moving average was at $0.2986, indicating a resistance level above Friday's price.
Kaia Chain integrates Klaytn and Finschia technologies, developed by Kakao and LINE, to create a blockchain ecosystem.
This network connects with LINE and Kakaotalk platforms, which have a combined user base of 270 million in Asia.
Kaia also introduces Mini Dapps, which are lightweight decentralized applications accessible within LINE.
These Mini Dapps offer decentralized community tools, such as real-time voting systems and collaborative decision-making platforms.
Additionally, there's an NFT Creator Hub, which serves as a marketplace where artists and developers can create, trade, and monetize digital assets.
Finally, Kaia includes simplified financial tools, like micro-loans, peer-to-peer payments, and token-based savings programs, to empower users with financial freedom and accessibility.
Kaia Chain partners with Binance to enhance its Web3 capabilities and presence in Asia.
As the world's largest blockchain ecosystem, Binance expands Kaia's reach and capabilities, making it a central player in driving Web3 adoption across the continent.
Binance's platform integrates users into decentralized applications, NFT marketplaces, and blockchain-based financial tools.
This partnership aims to accelerate the mainstream integration of Web3 technologies, catering to Asia's vast digital community.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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