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Kadena chart by TradingView
The four-hour chart shows that the KDA price has been in a strong bullish trend in the past few weeks. In this period, the coin has rallied above the 25-day and 50-day moving averages while the MACD has moved above the neutral level.
Kadena’s current price is at the highest point since November 27 while the Relative Strength Index (RSI) has been in a bullish trend. Therefore, Kadena price will likely continue rising as buyers target the key resistance level at $1.200.
