Blockchain Battles: KAVA 13 Mainnet Upgrade, Ethereum Bulls and Big Eyes’ Presale Frenzy
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Exciting times are ahead, bringing new opportunities and excitement to the world of crypto! Kava has been riding a bullish wave this month thanks to the KAVA 13 Mainnet Upgrade. Meanwhile, Ethereum is fighting a bearish order block at $1880 while Big Eyes Coin is preparing to end its long-awaited pre-sale. Stay tuned for a limited-time offer from team BIG.
Mainnet upgrade boosts Kava
Since 8 May 2023, the price of Kava (KAVA) has been bullish, targeting a yearly high of $1.219 after facing resistance at $0.667. Recently, a rejection at $1.05 led to a pullback, establishing support at $0.92. From a low of $0.53, Kava experienced an impressive 137% increase, reaching its yearly high. Currently trading at $0.98, Kava has outperformed the 20, 50, and 100-day exponential moving averages (EMA), with an annual return of 73.65%.
The recent price increase is attributed to the “Kava 13” upgrade, which improves 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% increase. Binance has announced support for the upgrade and temporarily halted deposits and withdrawals until network stability is achieved.
Can Ethereum bulls take the reigns?
Recent analysis reveals that Ethereum (ETH) is facing a bearish order block at $1880, serving as strong resistance. In the last 48 hours, this zone has been tested and rejected. Higher timeframes 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 is currently hovering between $1740 and $1880, with $1810 as support and resistance. The $1690 to $1770 order blocks have been previously tested and may be retested. 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 are 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 in on the fun.
Big Eyes Coin has been gaining attention in the crypto market for almost a year. Their pre-sale generated a lot of 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 only accepts STORE tokens, so you don’t have to worry about using fiat money. Additionally, if you have other popular cryptocurrencies, you can easily exchange them for BIG. This will increase the community of token holders and generate higher trading volume, attracting more investors. It’s a win-win situation!
To help fill up the casino, the team is offering a special deal to the community. BIG is currently in the 15th stage of the presale, but until the end of the presale, BIG is being sold at the stage 3 price of only $0.00017 per token. This price is low 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 solution to blockchains to achieve higher security standards. Although this has led to an increase in the token’s price, the increase may be temporary. Ether’s future also remains shrouded in doubt. With its commitment to benefit the token, Big Eyes is here to stay and make it BIG.
Find out more about Big Eyes Coin (BIG):
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