KASUSD Can reach $0.10 in August.Kaspa (KASUSD) continues rising after a rebound on the 1D MA50 (blue trend-line) 10 days ago. Its movement appears to be highly cyclical since it first started trading and we are at the start of the bullish run of the 3rd Cycle.
As long as the 1D MA50 supports, we are long and target 0.10 which is lower than the previous +900% rise but falls within a potential Channel Up that may be established, as each Cycle appears to be getting weaker.
Also the Cycles appear to be highly symmetrical as, based on the 1D RSI, we have completed the first kick-start phase of the run, similar to February 07.
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Kaspa
KASUSD This is how Kaspa can reach 0.1000 in August.Kaspa / KASUSD is rising today after approaching the 1day MA50.
At the same time, the 1day RSI bounced on a Rising Support in a way similar to January 31st.
As you see, Kaspa's price action is so far cyclical. A vast rise corrects to a Fibonacci level then a Channel Up leads the price to the next price jump.
As long as the 1day MA50 holds, buy and target the -0.382 Fibonacci level at 0.1000 projected on the next rally.
Previous chart:
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Kaspa (KAS) Is Building a BaseTLDR:
• Kaspa has been moving in an upward sloping channel since October 2022.
• Kaspa Dropped below the channel on May 20th and tested the channel trend line as resistance twice.
• Regardless, this is a base building period and upside is still on the table.
Probable Scenario:
• IMO, it is more likely that KAS will find support at the 0.382 Fibonacci retracement, the 0.02 USD leve,l and push back into the trend channel.
Worst case Scenario:
Worst case scenario for KAS is to drop a parallel channel and hit the Range Low at 0.012 USD.
Kaspa (KAS) Bull Market Price Prediction – Revised EditionTLDR:
• This is a bull market prediction.
• I compared KAS with FTM and ADA because the charts have some similarities.
• Take this prediction business with a pinch of salt. I don’t know the future, nobody does.
• However, in bull markets crazy things happen, and if FTM and ADA made it, so can Kaspa. Preface:
• Analyzing a coin with a short price history is a challenge. In TA we analyze an asset based on past performance and try to project what this past performance may mean for future performance. A coin without a significant past PA is tricky. However, because of its incredible PA and this asset’s fundamentals I will follow it closely and share setups as I see them.
• In the previous TV idea, I compared Kaspa’s PA with a fractal of Kadena. Why? Because I wasn’t thinking straight. The only commonality between these two assets is that they are both “Proof of Work.”
• In this revised edition, I tried to compare fractals of cryptocurrencies that have a similar chart structure to Kaspa’s. Two assets that fit the bill are Cardano (ADA) and Fantom (FTM).
• You must understand, at this stage, it is just speculation. I don’t know what the future will bring. I cannot guarantee my performance a month from now, and I sure as hell, cannot guarantee Kaspa's performance in a future bull market.
• However, speculation is all that we can do during the dry season until the rain comes. So, let’s speculate.
Price Prediction:
• Kaspa is a young asset. The Kaspa blockchain (DAG) still has a lot of development to make. KAS’s Price history also makes it difficult to extrapolate future prices. However, we know that this kind of asset can make an astonishing PA if the stars align.
• If we take a fib extension from the previous low to the high, we can see that KAS’s ATH was between the 1 – 1.272 fib extension. Assuming that the next ATH will be between these fib extensions, our price target is roughly 12-22 cents. Considering the Cup and Handle forming on Kaspa’s chart (Linked) this looks reasonable.
KAS Compared to FTM
• Between March 2020 and January 2021, Fantom’s PA looked similar to Kaspa’s current PA.
• An impulsive rise of 3000%.
• A consolidation period in a rounding bottom.
• Followed by another two strong impulsive price movements to the upside.
• Kaspa’s PA looks similar:
• An Impulsive move up of more than 3000%
• Followed by a rounding bottom (in the process).
• If we assume that Kaspa’s continuation will be similar to Fantom’s, in a year from completing the consolidation Kaspa could reach 1.76$.
KAS Compared to ADA:
• Between March 2020 to July 2020, ADA moved in an impulse and had a 770% Price increase.
• Followed by a rounding bottom and another strong move up.
• If we compare ADA’s PA and extrapolate based on ADA’s PA, in eight months, Kaspa’s price could reach 2.65$
Conclusion:
• I hope we are all adults here. We don’t need to take these predictions with a pinch of salt, we need to take it with a shovelful of salt. But I have noticed that most people can easily believe that the worst things could occur to them and cannot imagine that success is also a possibility. KAS is looking good, technically and from a fundamental perspective. When the bull market arrives, reason leaves. Assets can have crazy valuations. Just look at Nvidia. Anyway, whatever will be will be.
• This is a long-term trade. It may take months or even years before my price target is achieved.
NFA.
Feedback will be appreciated.
Best wishes to all.
$KAS - accumulation?Kaspa $KAS has been performing very well so far and is currently trading around $0.0255-0.0260
Although a pull back to the green levels is possible, these are nothing but opportunities to load up.
To me the red areas mean: Sell the pump there. After a retracement buy the dip at the next lower Fib (could be very well the red price lvl)
I expect $KAS to touch the upper trendline some day in the future. From todays price that's impressive gains.
Could see $KAS going up until the 3.6 fib expansion which would mean a price of $0.15 and a MC of around 4bn. That's a lot. That's Top 20. Sounds unrealistic, but even SET:ETC is at more than 3bn.
NFA.
Totally subjective fundamentals rating: Kaspa 8/10
KAS – Possible Cup & Handle Forming
At this stage this is just speculation. However, I think Kaspa’s price is developing nicely, and I wanted to share my findings with you.
It looks as if KAS is in the process of forming a Cup & Handle pattern. If this is correct, my first price target for Kaspa of 0.15 USD looks achievable within months.
For an in-depth explanation about the Cup & Handle pattern please read the linked Bitcoin Idea.
I also linked a long-term price prediction on Kaspa.
This is just the beginning!
NFA.
what do you think? please share in the comments.
Best wishes.
KAS Coin (Kaspa) - TA and Price PredictionAnalyzing a coin with a short price history is a challenge. In TA we analyze an asset based on past performance and try to project what this past performance may mean for future performance. A coin without a significant past PA is tricky. However, because of it’s incredible PA recently and because of this asset’s fundamentals I will follow it closely and share setups as I see them.
Support:
• Currently KAS found support at the 0.011991 USD level. It was also oversold on the RSI daily and reacted nicely to it. It is still too early to say if the current downtrend is over.
• If the 0.1191 level doesn’t hold it may find support at the 0.009161 level. Note that price usually tends to go back to unfilled wicks, so it is not out of the question.
Resistance:
• 0.022522 USD. Previous HL.
• 0.033101 USD. Previous LH.
• 0.043301 USD. ATH
Accumulation Range:
IMO, any price between current price and 2 cents is good for long-term accumulation.
Price Prediction:
Kaspa is a young asset. The Kaspa blockchain (DAG) still has a lot of development to make. KAS’s Price history also makes it difficult to extrapolate future price. However, we know that this kind of asset can make an astonishing PA if the stars align.
If we take a fib extension from previous low to high, we can see that KAS’s ATH was between the 1 – 1.272 fib extension. Assuming that the next ATH will be between these fib extensions, our price target is roughly between 12-22 cents. Astonishing as it may appear to be, in crypto everything is possible.
If we copy the fractal of Kadena’s meteoric rise during the previous bull market and apply it to Kaspa, we get a price target much higher, but we need to take it with a grain of salt. We are not in a bull market, yet.
Reservations:
This is a high risk, high reward trade. It can be an extremely profitable trade, but it can also fail miserably.
This is a long-term trade. It may take months or even a year before my price target is achieved.
NFA.
Feedback will be appreciated.
Best wishes to all.
KASUSD Best buy opportunity over the MA50 (1d).KASUSD continues to be supported by the MA200 (1d) exactly at the bottom of the Channel Up.
The MA50 (1d) behaves as Resistance, containing the price under it since May 6th.
Trading Plan:
1. Buy if a (1d) candle closes over the MA50 (1d).
Targets:
1. 0.0800 (Fibonacci 1.5 level, which was a Higher High on the previous MA50 breakout).
Tips:
1. The RSI (1d) is on a pattern that looks very much like the December-January bottom. It is even above the MA trendline, which serves as an additional reason to expect a bullish breakout.
Please like, follow and comment!!
Notes:
Past trading plan:
Kaspa $KAS coin Kaspa $KAS coin -
What Is KASPA (KAS)?
Kaspa is a proof-of-work (PoW) cryptocurrency which implements the GHOSTDAG protocol. Unlike traditional blockchains, GHOSTDAG does not orphan blocks created in parallel, rather allows them to coexist and orders them in consensus. The Kaspa blockchain is actually a blockDAG. This generalization of Nakamoto consensus allows for secure operation while maintaining very high block rates (currently one block per second, aiming for 10/sec, dreaming of 100/sec) and minuscule confirmation times dominated by internet latency.
Kaspa on 4hr chart MACD crossed signal line (bullish) and RSI has risen above the 50 mark headed north and is trading above the MA all positives so its likely to make gains
KAS don't miss this one.Hello, everyone
I've noticed KAS sometimes moves inverse to BTC, kind of like LINK did in 2018-2019.
It had a massive run up from February to April, and from then grinded down retracing 70%,
The tech itself is a L1 promising BTC security with SOL scalability.
The chart looks bullish.
Don't fade this one.
GL, stay safe. Stay liquid.
"Kaspa continues its bearish trend with its current status.KAS Coin (KAS), recent developments have created excitement among investors. However, KAS Coin's price chart has shown a downward trend lately. KAS aims to create a financial ecosystem based on blockchain technology and has established important partnerships to achieve this goal. KAS Coin has started trading on several major exchanges recently, allowing investors to discover its potential. However, the downward trend in KAS Coin's price chart continues.
Furthermore, mention the downward trend on the monthly chart and the bearish trend on the weekly chart because the last candle on the monthly chart appears to be risky.
KAS/USDT: Altcoin with Promising FutureGreetings fellow traders! I'm excited to present my very first analysis on TradingView, and I couldn't have picked a more intriguing asset to cover than Kaspa.
MEXC:KASUSDT is currently displaying bullish signals on the daily timeframe, primarily due to the formation of a clear double bottom. A double bottom is a positive chart pattern that occurs when an asset reaches a low point twice and then rallies again. This pattern is often interpreted as an indication of an impending market reversal and the beginning of a bullish trend.
In addition to the formation of the double bottom, there are other factors contributing to the bullish outlook for Kaspa. One of these is the listing of Kaspa on multiple exchanges, including Uphold . This listing could lead to increased liquidity and demand for Kaspa, which in turn could result in a rise in the coin's price.
Furthermore, there are strong rumors circulating that Kaspa will soon be listed on KuCoin , one of the leading top-tier exchanges. If this speculation proves to be true, it could have a significant impact on the adoption of Kaspa and drive up demand for the coin, resulting in further price appreciation.
It's important to note that investing in cryptocurrencies is inherently risky due to the volatile nature of the market. Therefore, it's crucial to conduct thorough research before making any investment decisions and to have a sound investment strategy that aligns with your individual goals and risk tolerance.
May the markets be ever in your favor!
Be Ready - 30% move on KASPAA symetrical triangle is forming on the 1h and 4h.
From my analysis KASPA doesnt care where BTC is moving or what the whole crypto market is doing.
For some reason it just doesnt follow the market which means if BTC dumps more we can still see a 30-35% move to the upside or 31% to the downside.
Watching it closely to see where its headed!
Kaspa Coin KASUSDT Hey everyone hope you guys are doing fine
for all those who are following me my last setup was from 0.0375 to 0.024
Since that chart is completed now our buys are triggered.
Short term Take profit is mentioned.
I personally believe Kaspa has some potential to do massive gains so keep an eye on it.
Over and out and remember me in your prayers