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Exciting times lie ahead, bringing new opportunities and thrills to the crypto world! Kava has been riding a bullish wave this month thanks to the KAVA 13 Mainnet Upgrade. Meanwhile, Ethereum battles a bearish order block at $1880 while Big Eyes Coin prepares to conclude its highly anticipated presale. Stay tuned for a limited-time offer from team BIG.
Mainnet Upgrade Boosts Kava
Since May 8, 2023, the price of Kava (KAVA) has been bullish, aiming to reach the yearly high of $1.219 after encountering resistance at $0.667. Recently, a rejection at $1.05 led to a pullback, establishing support at $0.92. Starting from a low of $0.53, Kava experienced an impressive 137% increase, reaching the yearly high. Currently trading at $0.98, Kava has surpassed the 20, 50, and 100-day Exponential Moving Averages (EMAs), with a year-to-date return of 73.65%.
The recent price surge is attributed to the “Kava 13” upgrade, which enhances transaction speed and platform security. The upgrade, launched on May 17, 2023, enables the transfer of cosmos to protocols across Kava. As a result, the coin’s price experienced a 40% surge. Binance has announced support for the upgrade and temporarily halted deposits and withdrawals until network stability is achieved.
Can Ethereum Bulls Take The Reign?
Recent analysis reveals that Ethereum (ETH) faces a bearish order block at $1880, serving as strong resistance. In the past 48 hours, this zone has been tested and rejected. Higher time frames indicate a bearish market structure. Non-zero ETH addresses and supply held by top addresses have grown significantly, but exchange-held supply has also increased.
Ethereum’s price currently fluctuates between $1740 and $1880, with $1810 acting as support and resistance. The order blocks at $1690 to $1770 have been previously tested and may be retested. The On-Balance Volume (OBV) and Relative Strength Index (RSI) indicate a seller-dominated market and potential losses. Key support levels are $1700, $1632, and $1500. Breaking the bearish order block at $1880 is crucial for ETH bulls to change the overall bearish trend.
Big Eyes Presale Finale Is Here!
Big Eyes Coin (BIG) is a brand new meme coin that has caused a “purr” in the market. After venturing into DeFi and NFT domains, they’re taking it up a notch by entering the GameFi space with their casino! Plus, the team has some exciting news to share that will make it easy for everyone to join the fun.
Big Eyes Coin has gained attention in the crypto market for almost a year. Their presale attracted much interest, and the casino will be the same. Get ready for an incredible collection of over 4000 games, including their P2E Games.
What’s great is that the casino will exclusively accept BIG tokens, so you won’t need to worry about using fiat money. Plus, if you have other popular cryptocurrencies, you can easily exchange them for BIG. This will increase the token holders’ community and generate higher trading volume, attracting more investors. It’s a win-win situation!
To help stock up for the casino, the team is offering a special deal to the community. BIG is currently in the 15th stage of its presale, but until the end of the presale, BIG is being sold at the stage 3 price of just $0.00017 per token. This price is meagre and will not be available again, so make sure you take advantage of this unique opportunity.
The crypto landscape continues to evolve, offering exciting opportunities for investors and enthusiasts alike. The KAVA 13 Mainnet upgrade highlights the resolve of blockchains to attain higher security standards. While this has led to an increase in the token’s price, the surge may be temporary. Ether’s future also remains shrouded in doubt. With its commitment to providing utility to the token, Big Eyes are here to stay and make it BIG.
Find out more about Big Eyes Coin (BIG):
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
Instagram: https://www.instagram.com/BigEyesCoin/
Twitter: https://twitter.com/BigEyesCoin
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