KAIA’s CMF Points to Growing Bullish Momentum

The KAIA/USD one-day chart reveals a notable uptick in the altcoin’s Chaikin Money Flow (CMF), currently sitting at 0.15. This indicates a steady inflow of capital and heightened investor demand. The CMF, which blends price and volume data, serves as a gauge of accumulation or distribution in the market.

Positive CMF readings above zero suggest that KAIA has been closing more frequently in the upper range of its recent price action, a sign of sustained buying pressure.

With the indicator steadily climbing, bullish momentum appears to be strengthening, potentially setting the stage for the next leg higher in price.