KAVA

KAVA Token Report – 12th May’23

Kava is a Layer-1 blockchain that integrates the efficiency and compatibility of Cosmos with the
development capabilities of Ethereum. The platform was designed with a focus on resource
optimization for protocol expansion, bolstered by its employment of Cosmos EVM technology,
which facilitates optimal scalability, rapidity, safety, and developer assistance.

KAVA token is ranked #83 with a market capitalization of nearly $472 million. The current
market price of the token is $0.915 USDT


On the daily timeframe, the KAVA/USDT trend had been on the decline since May of last year.
The trend is now on the verge of a breakout from the descending trendline. Further, we also can
observe a surge in the buying volumes. An immediate support is expected at 0.83 USDT and
next resistance is expected at 1.057 USDT.

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MintingM Rating – 4/5

INJ

INJECTIVE Token Report – 05th May’23

Injective is a finance-focused blockchain that serves as a foundational layer for advanced DeFi
applications, such as decentralized exchanges for trading spot and derivatives, lending
protocols, prediction markets, and others. What sets Injective apart is its ability to offer robust
financial infrastructure primitives that enable applications to operate more effectively.

INJ token is ranked #72 with a market capitalization of nearly $611 million. The current market
price of the token is $7.62 USDT


The INJ/USDT trend had formed a distinctive double bottom pattern on the weekly time-frame. It
has now broken out of the consolidation phase with a good buildup of volume. An immediate
support is expected at 6.4 USDT and next resistance is expected at 10 USDT.

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MintingM Rating – 4/5