Kava

Ethereum

Injective

Cosmos

Coin

<ul class="list-ic vertical">
 <li><span>1</span> <a>The positive news in the market could be the reason for the bullish rally in KAVA crypto price.</a></li>
 <li><span>2</span> <a>The partnership between Kava and Injective is expected to offer significant benefits to their users and change the DeFi space.&nbsp;</a></li>
 <li><span>3</span> <a>The coin is on the uptrend as the bulls are surfing the 150-day EMA.</a></li>
</ul>
<p>Tether decided to integrate USDt natively on Cosmos in July 2023, using the Kava Chain as a hub. Since then, it has brought accessibility and financial stability to users and developers within the Cosmos ecosystem. This has turned some heads towards the Kava chain. This has made many communities search for the possibilities of collaboration with Kava.</p>
<h2 class="wp-block-heading" id="strong-injective-s-collaboration-with-kava-chain-strong"><strong>Injective’s Collaboration with Kava Chain</strong></h2>
<p>Injective, a blockchain on the Cosmos Layer-1, has chosen Native USDT on the Kava Chain for their Perps trading. The Kava chain is a Layer-1 blockchain that is fast and secure, combining the developer power of Ethereum with the interoperability and speed of Cosmos.&nbsp;</p>
<p>This partnership between the two platforms is expected to offer significant benefits to their users and change the world of DeFi. Kava chain’s capabilities will integrate with Injective’s innovative DeFi technology to provide benefits such as improved liquidity, enhanced trading opportunities, and cross-chain flexibility.</p>
<p>The choice of Kava chain’s native USDT for Perps Trading uplifts the mutual benefits that this partnership brings. It is expected to offer users the best of both worlds and enrich the DeFi experience for traders and developers. Together, they are expected to reshape the possibilities within the decentralized finance sector.&nbsp;</p>
<h3 class="wp-block-heading" id="strong-what-co-founders-of-both-companies-say-about-the-collaboration-strong"><strong>What Co-Founders of Both Companies Say About the Collaboration&nbsp;</strong></h3>
<p>Kava Labs’ co-founder and CEO Scott Stuart expressed his excitement over Injective’s selection of the Kava. The partnership with Injective showcases Kava’s dedication to promoting innovation and accessibility in DeFi. The addition of Injective’s powerful tools and capabilities is something that Kava users can look forward to.&nbsp;</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img loading="lazy" decoding="async" width="1600" height="403" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-364.png" alt="KAVA Coin Price: Injective Collaboration Spikes up the Bulls" class="wp-image-181169" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-364.png 1600w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-364-300x76.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-364-1024x258.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-364-768x193.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-364-1536x387.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-364-750x189.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-364-1140x287.png 1140w" sizes="(max-width: 1600px) 100vw, 1600px">
 </figure>
</div>
<p>Eric Chen, Injective’s co-founder and CEO, also commented on the collaboration. He dispersed his words elaborating on the introduction of stable asset interoperability. He said that this could be a significant benefit for the Injective ecosystem. As a leader in the crypto industry, USDT’s extension of Kava’s offering is a major milestone for the community.</p>
<h2 class="wp-block-heading" id="strong-prediction-of-kava-coin-price-strong"><strong>Prediction of KAVA Coin Price&nbsp;</strong></h2>
<div class="wp-block-image">
 <figure class="aligncenter"><img loading="lazy" decoding="async" width="1600" height="763" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-365.png" alt="KAVA Coin Price: Injective Collaboration Spikes up the Bulls" class="wp-image-181170" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-365.png 1600w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-365-300x143.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-365-1024x488.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-365-768x366.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-365-1536x732.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-365-750x358.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/11/image-365-1140x544.png 1140w" sizes="(max-width: 1600px) 100vw, 1600px">
  <figcaption class="wp-element-caption">
   KAVA/USDT chart by <a href="https://in.tradingview.com/chart/X78t0Vyp/?symbol=BINANCE%3AKAVAUSDT" rel="noopener noreferrer nofollow">TradingView</a> (Daily time frame)
  </figcaption>
 </figure>
</div>
<p>At the press time, the KAVA&nbsp; <a href="https://www.thecoinrepublic.com/2023/11/17/osmo-coin-bulls-are-confronting-bears-at-the-resistance-level/" rel="noopener noreferrer nofollow">coin price</a> is trading at the level of $0.781 after seeing some corrections. The Immediate resistance from the current level is at $0.848, similarly, the immediate support level from the current level is at $0.729.&nbsp;</p>
<p>Furthermore, the bulls are serving the 150-day EMA after it made a bullish crossover with the 50-day EMA. However, the RSI is seen coming down after touching the overbought level of 78. The KAVA coin price prediction will be bullish as per the current technical analysis.</p>
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4>
<p>Injective, a blockchain on the Cosmos Layer-1, has chosen Native USDT on the Kava chain for their Perps trading. This partnership between the two platforms is expected to offer significant benefits to their users. The KAVA <a href="https://www.thecoinrepublic.com/2023/11/17/osmo-coin-bulls-are-confronting-bears-at-the-resistance-level/" target="_blank" rel="noopener noreferrer nofollow">coin price</a> is surfing its EMA at press time and bulls will likely lead the price upwards soon.&nbsp;</p>
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4>
<ul>
 <li><strong>Support Levels:</strong> $0.729 and $0.602</li>
 <li><strong>Resistance Levels: </strong>$0.848 and $1.033</li>
</ul>
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5>
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading in stocks, cryptos or related indexes comes with a risk of financial loss.</p>

KAVA Coin Price: Injective Collaboration Spikes up the Bulls

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