Kaspa Price Prediction: Is KAS Gearing Up for a Massive Rally to New ATH?

2024-11-3 13:00

Crypto analyst MollyProduction shared on X (formerly Twitter) that Kaspa’s (KAS) price is in its accumulation phase, with a potential dip to $0.10 before the anticipated bull run takes off. 

Kaspa (KAS) is currently positioned at a make or break point, with its price around the $0.11 mark, showing signs of a potential upward move. 

With a significant market cap of $2.8 billion and a trading volume of $50 million, Kaspa is attracting attention for its growth potential as it approaches key price levels.

.rh-colortitlebox{margin-bottom:30px;background:#fff;line-height:24px;font-size:90%}.rh-colortitlebox .rh-colortitle-inbox{display:flex;align-content:center;padding:15px;font-weight:700;font-size:110%; line-height:25px}.rh-colortitlebox .rh-colortitle-inbox i{line-height:25px; margin:0 10px; font-size:23px}.rh-colortitlebox .rh-colortitle-inbox svg{width:25px;margin-right:10px}.rh-colortitlebox .rh-colortitle-inbox-label{flex-grow:1}.rh-colortitlebox .rh-colortitlebox-text{padding:20px}.rh-colortitlebox-text>*{margin-bottom:20px}.rh-colortitlebox-text>:last-child{margin-bottom:0} Celebrate Dogecoin and Make Big Gains with Doge2014!.rh-toggler-open{height:auto !important} .rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important} .rh-toggler-open .rh-tgl-hide{display:block !important} .rh-tgl-show, .rh-tgl-hide{cursor:pointer} .rh-contenttoggler *{box-sizing: border-box !important} .rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;} .rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}

Doge2014 raises 500K in days celebrating Dogecoin. Make potentially big profits and get in on exclusive airdrop!

Show more +Show less – Kaspa Chart Analysis: Key Support Level at $0.10

The chart indicates that $0.10 serves as a crucial support level, with MollyProduction suggesting this zone as a launchpad for a potential rally. The analyst highlights that if Kaspa dips to this level, it could ignite a bullish trend, as many investors may see it as an attractive entry point. 

From here, the next move could lead to a rapid increase in Kaspa’s price, potentially reaching the $0.125 to $0.14 range swiftly, signaling a period of strong buying momentum.

In line with the analysis, the $0.10 level could be a foundation for future price action, making it a closely watched area for traders. The projected path suggests that, if maintained, this support level could serve as a springboard for further gains in the coming weeks.

Image Source: X/MollyProduction Target Ranges and High-Volume Zone

Following the $0.125-$0.14 target, KAS is expected to encounter resistance around the $0.17 level, labeled as a “High-Volume Zone” on the chart. This region represents an area where large-scale buying or selling activity may occur, potentially causing the price to stall as it faces buying or selling walls from larger market participants. 

As highlighted by MollyProduction, such zones often create temporary resistance or support, allowing traders to assess market conditions before making moves. This stage may lead to consolidation before a decisive breakout occurs.

Path to a New All-Time High (ATH)

Kaspa’s current ATH stands at $0.207, and both the chart and tweet suggest the potential for a new ATH during the “Public Participation Phase.” This phase typically brings increased retail investor activity, which may lead to higher trading volumes and, consequently, a rally. 

MollyProduction points to this phase as the moment when KAS could see a move beyond its previous peak, suggesting that investor interest will likely intensify.

If Kaspa successfully breaks through the high-volume resistance at $0.17, the path could open toward $0.18, $0.193, and eventually beyond the ATH. This upward trajectory would signal a strong bull run, supported by consistent trading volume and market interest.

Read Also: Bitcoin Price Dips Below $69k – Why is the Crypto Market Down Today?

Momentum Backed by Market Fundamentals

Kaspa’s $2.8 billion market cap and its $50 million daily trading volume provide a solid foundation for continued growth. These metrics demonstrate strong liquidity, which can support larger price movements without risking volatility spikes. 

As the market awaits the next move, KAS shows promise as a potential top performer in the crypto space, especially if it can maintain its momentum through the accumulation and breakout phases.

With robust trading interest and a projected bullish path, Kaspa’s price potential rally toward a new ATH could make it one to watch closely in the coming months.

Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Get all our future calls by joining our FREE Telegram group.

We recommend eToro Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more Visit eToro Now Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.

The post Kaspa Price Prediction: Is KAS Gearing Up for a Massive Rally to New ATH? appeared first on CaptainAltcoin.

origin »

ETH/LINK Price Action Candlestick Set (LINKETHPA) на Currencies.ru

$ 467.1 (+0.48%)
Объем 24H $0
Изменеия 24h: 0.85 %, 7d: 17.53 %
Cегодня L: $453.49 - H: $467.1
Капитализация $0 Rank 3676
Доступно / Всего 0 LINKETHPA

kaspa kas price run takes off anticipated

kaspa kas → Результатов: 126


Kaspa (KAS) Could Be Ready to Spike 30x Imitating Cardano’s (ADA) Historic Pump: Here’s Why

A crypto analyst, who goes by the name “The Man With A Ball,” has laid out a compelling case for why investors should seriously consider accumulating Kaspa (KAS). In an X thread, the analyst draws parallels between the current stage of Kaspa and Cardano’s (ADA) historic run, suggesting that KAS could potentially see a 30x […] The post Kaspa (KAS) Could Be Ready to Spike 30x Imitating Cardano’s (ADA) Historic Pump: Here’s Why appeared first on CaptainAltcoin.

2024-5-22 11:15


Why Has Kaspa (KAS) Become One of the Most Talked-About Crypto Projects Just Two Years After Launch?

Kaspa’s native token, KAS, which was launched in November 2021, is up an astonishing 65,000% since 2022, cementing its status as one of the most hyped crypto projects right now. But what exactly makes Kaspa and KAS so different from other cryptocurrencies? According to blockchain analyst Blockchain Boy, it comes down to Kaspa’s innovative GhostDAG […] The post Why Has Kaspa (KAS) Become One of the Most Talked-About Crypto Projects Just Two Years After Launch? appeared first on CaptainAltcoin.

2023-11-23 19:30


Фото:

Kaspa (KAS) Price Shatters Records, Outshining Bitcoin With A Massive 105% Surge

Kaspa (KAS), a proof-of-work cryptocurrency employing the GHOSTDAG protocol, has experienced a notable surge in market activity and investor interest over the past few months.   The token’s recent listing on Coinone, one of South Korea’s leading cryptocurrency exchanges, has significantly propelled Kaspa into the top 33 cryptocurrencies based on market capitalization.

2023-11-10 00:00


Kaspa Price Flip and Mining Rewards Reduction Could Lead to Further Upside For KAS: Expert

The price of Kaspa (KAS), a cryptocurrency focused on scalability and security, could be set for significant upside following recent developments impacting mining rewards. According to Kaspa enthusiast Twitter account ‘@KaspaEnthusiast’, the rewards for mining KAS were reduced today around 5pm UTC from approximately 165 to 156 KAS per block.

2023-11-6 19:00


Major Kaspa Contributor Praised By Ethereum (ETH) and Cardano (ADA) Creators; Hints at Major Upside for KAS

Kaspa, the up-and-coming cryptocurrency project, has a major contributor who is highly regarded among other top cryptocurrency leaders, according to crypto analyst Jim. Jim points out that Yonatan Sompolinsky, a significant contributor to Kaspa, has received praise from both Vitalik Buterin of Ethereum (ETH) and Charles Hoskinson of Cardano (ADA).

2023-10-14 13:30


Kaspa (KAS) Experiencing Climbing Hashrate and Falling Rewards: What’s Behind the Divergence?

The cryptocurrency landscape is defined by constant change – new innovations, technological advancements, and evolving miner strategies and market forces. In navigating this complex and shifting terrain, insights from respected industry analysts and experts are critical for making sense of key developments and informing strategic decisions.

2023-9-22 15:30


Kaspa Went From Top 50 to Top 20 – Assessing KAS’s Price Targets post Golden Cross Event

Crypto analyst CryptoBull pointed out on Twitter an important event regarding the cryptocurrency KAS. The token just marked its 4th 4-hour (4HR) Golden Cross in its trading history. While this may sound like just another technical indicator, the consequences could be monumental, especially given the asset’s past performance post-Golden Cross.

2023-9-14 19:30