bullish

Strong

Bitcoin

Kadena

<ul>
 <li>Many altcoins are signaling bullish signs in their price charts.&nbsp;</li>  
 <li>Analyst recognized possible bullish signals for Kadena (KDA).</li>  
 <li>Another analyst shares three bull cycle top targets for KDA.</li> 
</ul>  
<p>As Bitcoin (BTC) continues its steady sideways movement, the pioneer crypto asset is up over the $61,000 price level and this sentiment is seeping into the altcoin market. In detail, more and more altcoins are showing highly bullish signals on their price charts.&nbsp;</p>  
<h2 class="wp-block-heading" id="h-kadena-kda-signals-bullish-pump-potential">Kadena (KDA) Signals Bullish Pump Potential</h2>  
<p>One analyst is presently keeping a close eye on <a href="https://www.kadena.io/" target="_blank" rel="noopener noreferrer nofollow">Kadena (KDA)</a>. This altcoin is expected to make a massive parabolic pump in the coming bull run phase of the ongoing crypto bull cycle. Presently, KDA price is pumping steadily according to <a href="https://coinmarketcap.com/currencies/kadena/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a> analytics.</p>  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXclchkh9RBdHPKyyk2-2tR1CZCRtJSx0_qUANOn2iLh7SUN8oIhO7wAInXN9eTCrZL5w9dOevPHtKDV1kIUiT1ZOoNMPWdMYFRfV2ieXaXL_qoQcFYr_VUqQK5lFODB0PpcFS-w_LL6_mLFPrixYu83Z6A?key=DDgqWWgiZeXpew-qE7dF3w" alt="">
</figure>  
<p>Source: TradingView</p>  
<p>According to this analyst, the KDA/USDT trading pair is currently hinting at a bullish continuation from a critical support zone at $0.40. Adding on, he says the price follows a falling wedge pattern and is preparing to break above the descending resistance line. He also says that internal resistance at $0.900 is the next target for KDA .</p>  
<p>Moreover, he states that if the KDA/USDT pair holds strong at this level, then the asset could be on the verge of a significant bullish rally, echoing previous trends. In fact, a breakout above the key resistance at $0.900 might set the stage for a run toward the next resistance zones and beyond.</p>  
<h2 class="wp-block-heading" id="h-kda-could-pump-to-22-as-bull-cycle-top-target">KDA Could Pump to $22 as Bull Cycle Top Target</h2>  
<p>However, he remarks that caution is essential. If the momentum falters at this critical support, we might witness a rebound from the lower support area around $0.350–$0.400. Similarly, another popular analyst shares his long-term expectations for KDA.&nbsp;</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  https://twitter.com/CryptoBullet1/status/1698331543767273773
 </div>
</figure>  
<p>According to this analyst’s expectations, the <a href="https://cryptonewsland.com/kadena-kda-predictions-2024when-will-kda-surge-past-10/" target="_blank" rel="noopener noreferrer nofollow">macro chart for Kadena</a> signals a buy signal. This analyst marks three specific target tops for KDA in the coming bull run phase of the ongoing bull cycle. These <a href="https://cryptonewsland.com/what-makes-kadena-kda-a-standout-crypto-with-a-surge-over-7-deep-dive/" target="_blank" rel="noopener noreferrer nofollow">top targets</a> are set at $1-$2, $6, and $22.</p>                 
<p>The post <a href="https://cryptonewsland.com/kadena-kda-shows-strong-bullish-signs/" rel="noopener noreferrer nofollow">Kadena (KDA) Shows Strong Signs for Bullish Rally, Analyst Shares 3 Bull Cycle Top Targets up to $22</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Kadena (KDA) Shows Strong Signs for Bullish Rally, Analyst Shares 3 Bull Cycle Top Targets up to $22

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