Can Kava Coin Reach $100? Price Predictions 2024-2030

Kava – Buy or Sell Poll [New]

What are the Signals and Predictions?

UTC: May 17th, 2024 08:52 AM
Overall OutlookBullish
1. Market's WisdomBullish
1a. Market DataBullish
1b. Technical RecommendationBuy
2. Crowd's WisdomNeutral
2a. Social Media BuzzSteady
2b. Social Media SentimentSteady

In the next few hours, the overall sentiment for KAVA crypto price is Neutral. The first level of support for KAVA is at $0.6533 while the first level of resistance for KAVA Price is at $0.6710. KAVA is likely to trade in the range between $0.6533 and $0.6710 for now. The Signals Table above encompasses other factors including social media.

Summary: Neutral
Technical Indicators:Strong BuyBuy: (4)Sell: (0)
Moving Averages:Strong SellBuy: (2)Sell: (6)
Oscillators

The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 45.17, which indicates that the KAVA market is in a Buy position.

The Moving Average Convergence Divergence (MACD) is a popular technical analysis indicator used to analyze financial markets, including the cryptocurrency market which signals to Sell (below 0) or Buy (above 0). Currently, the MACD value is at -0.02658, which indicates that the KAVA market is in a Buy position.

NameValueAction
RSI45.17Buy
CCI20.38Neutral
Awesome Oscillator-0.03002Buy
Momentum0.007300Buy
MACD-0.02658Buy
StochRSI61.09Neutral
Williams’ %R-45.45Neutral
Ultimate Oscillator51.81Neutral
Moving Averages
NameValueAction
SMA (10)0.6470Buy
SMA (50)0.7582Sell
SMA (100)0.8206Sell
SMA (200)0.7986Sell
EMA (10)0.6525Buy
EMA (50)0.7306Sell
EMA (100)0.7733Sell
EMA (200)0.7876Sell
Pivot Points

Based on today's classical pivot point (P) with the value of $0.6611, KAVA has support levels of $0.6533, $0.6434, and the strongest at $0.6356. Similarly, KAVA resistance levels are at $0.6710, $0.6788, and $0.6887.

Classic
S3S2S1PR1R2R3
$0.6356$0.6434$0.6533$0.6611$0.6710$0.6788$0.6887
  • RSI - Relative Strength Index
  • CCI - Commodity Channel Index
  • MACD - Moving Average Convergence Divergence
  • SMA - Simple Moving Average
  • EMA - Exponential Moving Average

Kava Price Prediction 2024-2025-2030, Aggregated

Kava Price Prediction 2024$1.57
Kava Price Prediction 2025$1.86
Kava Price Prediction 2026$2.83
Kava Price Prediction 2027$3.83
Kava Price Prediction 2028$4.55
Kava Price Prediction 2029$6.31
Kava Price Prediction 2030$9.07

Can Kava Coin Reach $100?

To reach $100, KAVA will need to rise 151x. At $100, the target market cap will be approximately $108.29 billion. If KAVA were to rise at the pace of 25%, it will take approximately 23 years to reach $100.

Let us evaluate this data

  • Quality of Investment– Moderate
  • Time and Growth required to reach $100– Not Feasible
  • Market Cap at $100– Not Feasible

Overall, Considering the Quality of Investment, growth required, and time required, for Kava it is unlikely to reach $100. However, this would become feasible if 75% of the coins were burnt.

Will Kava Reach $10?

To reach $10, KAVA will need to rise 15x. At $10, the target market cap will be approximately $10.83 billion. If KAVA were to rise at the pace of 25%, it will take approximately 13 years to reach $10.

Let us evaluate this data

  • Quality of Investment– Moderate
  • Time and Growth required to reach $10– Not Feasible
  • Market Cap at $10– Not Feasible

Considering the Quality of Investment, growth required and time required, Kava has a low chance of reaching $10.

Also read: Threshold Price Prediction and Injective Price Prediction

~Charu Taneja

Note: Please consult a registered investment advisor to guide you on your financial decisions.

Navigation Tab
Price Forecasts
Company Logo
Best Portfolios