๐ฅ Gate Square Event: #PTB Creative Contest# ๐ฅ
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB ๐ https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live ๐ https://www.gate.com/zh/announcements/article/46934
๐
Event Period: Sep 10, 2025 04:00 UTC โ Sep 14, 2025 16:00 UTC
๐ How to Participate:
Post original content related to PTB, CandyDrop, or Launchpool
Minimum 80 words
Add hashtag: #PTB Creative Contest#
Include CandyDrop or Launchpool participation screenshot
๐ Rewards:
๐ฅ 1st
๐ Analysis KAVA/USDT
On the weekly chart, the asset is forming a narrowing triangle ๐ป, and the price is moving in a descending channel.
Support โ $0.35โ0.36 ๐ก๏ธ.
Resistances โ $0.41 / $0.46 / $0.51.
The Ichimoku Cloud remains bearish โ๏ธ, indicating a risk of continued decline, however, the triangle compression increases the likelihood of a strong breakout in the coming months โก.
๐น Fundamentals: Kava โ๏ธ is a Layer-1 blockchain that combines the power of the Ethereum ( EVM ) ecosystem with the speed and scalability of Cosmos ๐. This architecture provides developers with the flexibility to create applications that simultaneously utilize ETH liquidity and cross-chain capabilities of Cosmos ๐.
๐ In the long term, Kava has potential due to its unique combination of EVM + Cosmos, but in the short term, the market is waiting for confirmation of a breakout from the triangle.