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Crypto Weekly Roundup: KAVA, BONE, PAXG, and LEO Rally with Top Gains

KAVA/USD

Despite a gloomy start to the week, the previous seven days have been profitable for Kava (KAVA) investors and traders. Bulls have pushed the price of KAVA from its 30-day low of $0.7599 to its current level of $0.9858 this week. By publication, however, bears had won, and the price of KAVA had fallen from $0.915 to $0.885.

The reduction in price and market capitalization of 3.17% to $388,083,996 suggests that investors are negative on KAVA and may be selling off their holdings.

The fact that 24-hour trading volume increased by 15.36% to $71,974,143 demonstrates that KAVA continues attracting attention and traders. This surge may indicate that some investors are using the current dip in price as a buying opportunity.

KAVA/USD 7-day price chart (Source: CoinMarketCap)

BONE/USD 

In the previous week, there has been a bull-bear scuffle on the Bone ShibaSwap (BONE) market, with prices swinging between $1.39 and $1.85. The bulls were in charge at press time, causing the BONE price to rise by 4.09% to $1.65 from its previous close.

If positive enthusiasm holds, the BONE price may continue to rise, perhaps hitting new highs and establishing fresh resistance around $1.75 or even $2.00 per share, but if negative emotion prevails, the price may correct and fall back to historical support levels around $1.50.

The market capitalization increased by 3.82% to $377,453,914, demonstrating the “buying frenzy” of bullish investors about BONE’s future potential. Nevertheless, since the 24-hour trading volume fell by 23.34% to $17,081,480, this might be ascribed to profit-taking by certain investors who purchased the stock at a lower price. Yet, the growth in market capitalization reflects the general optimistic feeling concerning BONE’s prospects.

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BONE/USD 7-day price chart (source: CoinMarketCap)

PAXG/USD

Although beginning the week in the bull’s grip, PAX G (PAXG) had a modest drop in its price from the 3rd to the 10th of March, dipping to a low of $1,801.10, where support was formed.

Nevertheless, the market rebounded and proceeded to increase steadily for the remainder of the week, with bullish intervention propelling the PAXG price to an intra-week high of $1,944.84, which was matched in the previous 24 hours.

The bullish momentum was still strong at press time, allowing the price to rise 4,18% to $1,933.14 from its intraday low of $1,854.10. The traders’ expectation of a continued bull rise drove them to enter the market, resulting in increased market capitalization and 24-hour trading volume of 4.19% and 275.73%, respectively, to $524,195,660 and $74,409,038.

PAXG/USD 7-day price chart (source: CoinMarketCap)

LEO/USD

Following a week of negative pressure that pushed the UNUS SED LEO (LEO) price to a weekly low of $3.34, bullish momentum has just resurged, with the UNUS SED LEO (LEO) price reaching an intra-week high of $3.52 in the previous 24-hours. The bullish strength was still strong at press time, with LEO valued at $3.52, a 3,23% increase from the weekly low.

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The present price movement indicates that buyers are gaining market power, and if this trend continues, LEO might reach greater levels soon.

The market capitalization increased by 3.20% to $3,359,409,872 due to this move, suggesting increased demand for LEO tokens. Nonetheless, a 15.62% decrease in 24-hour trading volume to $1,004,797 indicates a short halt in trading activity.

LEO/USD 7-day price chart (source: TradingView)

The crypto market has been a rollercoaster ride this week, with bulls and bears battling it out for dominance. However, investors continue to show interest in coins like KAVA, BONE, PAXG, and LEO, indicating a potentially bullish future.


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Curtis Dye

Curtis is a cryptocurrency news and analytics author with a focus on DeFi, BLockchain, CeFi, NFTs etc. He has publication skills such as SEO optimization, Wordpress, Surfer tools and aids his viewers with insights on the volatile crypto industry.

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