Crypto Surge: Navigating Kaspa's Momentum and Fibonacci Signals Keeping a close eye on Kaspa! The recent surge, a whopping 20% in just 7 hours, indicates some serious momentum. Still riding the ATH wave, and the Fibonacci analysis suggests that hitting the -.618 might be the key for the next leg up. The last 7 hours showing an 11.1% rise - exciting times! Additionally, the RSI is now moving above the MA, adding more bullish signals. Let's see if Kaspa continues to ride the upward trend. CryptoInsights KaspaJourney MarketAnalysis
KASUSDT.PS trade ideas
KAS bullish scenariosThis is probably the bit weird one but here it goes.
Case 1: KAS looks to be in the timing bad of where a low is put in and in case we are there then I would target the 0.4-0.5 area for the next top.
Case 2: If however price decides to do go deeper for a 50% or 70% retrace then I would lower the next ATH target to about 0.2 area.
Looking at the history we have with KAS I'd say that first scenario is more probable than the second.
KAS/USDTI'm excited to share a technical analysis of KAS/USDT, where the project Kaspa introduces a revolutionary blockDAG structure based on the GhostDAG/PHANTOM protocol. This innovative approach makes Kaspa the fastest and most scalable instant confirmation transaction layer built on a proof-of-work engine.
Key Project Information:
Coin: KAS/USDT
Project: Kaspa, employing the GhostDAG/PHANTOM protocol
Structure: BlockDAG, a groundbreaking ledger structure
Consensus: Scalable generalization of Nakamoto Consensus
Technical Analysis:
As illustrated in the chart below:
Monthly Open Price: $0.1280
Weekly Open Price: $0.1060
Monday Highest Price: $0.1090
Monday Low Price: $0.095 (a significant level triggering a market response)
Trade Plan:
Buy Levels: $0.11300 and $0.11900
Stop Area: $0.10, up to Monday's low at $0.095
First Target: $0.13700 (20% potential gain)
Second Main Target: $0.18500 (60% potential gain)
The trend is expected to turn bullish upon breaking the $0.1200 level, paving the way for further upside potential.
Remember, this is not trading advice but an analysis for your consideration. Enjoy the run, stay safe, and may everyone reap profitable rewards.
KASPA Completing?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
CRYPTOCAP:KAS
New one for me, looks pretty clean here.
Not jumping in on this now, no trigger for me.
But watching how things progress, for a clarity entry.
KASPA (KAS/USDT) Soars to New HeightsTechnical Analysis:
KASPA (KAS/USDT) has emerged as a remarkable player in the cryptocurrency landscape, exhibiting sustained growth and resilience. The recent patterns observed in its charts underscore both its potential and the keen interest of investors.
1. Fair Value Gap (FVG) and Price Rebound:
KASPA's journey through the market has recently brought it to an important Fair Value Gap (FVG) area. This FVG, often seen as a critical juncture in price action, was met with a robust response as the price rebounded from it. This rebound is not just a random fluctuation but a strong indicator of underlying market confidence and investor interest.
2. Daily Exponential Moving Average (EMA) Cross:
Coinciding with the rebound from the FVG, a daily EMA cross has been confirmed. This is a significant technical event, as Daily EMA crosses are often used to identify potential trend reversals or confirmations. In KASPA's case, this Daily EMA cross suggests a strengthening of the bullish trend, adding more credibility to the ongoing upward movement.
3. Breaching the All-Time High (ATH):
Adding to the bullish sentiment, KASPA has, for the first time, broken past its All-Time High (ATH). This breach is not just a milestone but also a testament to the growing trust and optimism among investors regarding KASPA's future.
Fibonacci Extension Targets:
Utilizing the Fibonacci extension tool, we can project potential future price targets for KASPA. The calculated targets are as follows:
First Target @1.618 Fibonacci Level: 0.324933
Second Target @2.618 Fibonacci Level: 0.467368
Third Target @3.618 Fibonacci Level: 0.612101
Fourth Target @4.236 Fibonacci Level: 0.699502
These targets provide a roadmap for where KASPA's price could head next, assuming the continuation of the current trend and market dynamics.
Fundamentals Analysis:
In the last 30 days, KASPA has not only made waves in the technical charts but also strengthened its fundamental position.
Recent Developments and Partnerships:
KASPA has recently announced several key partnerships, further integrating its technology into broader applications. These partnerships, focusing on areas like decentralized finance (DeFi) and non-fungible tokens (NFTs), are crucial for expanding KASPA's ecosystem and increasing its utility.
Community and Developer Engagement:
The project has seen a surge in community involvement and developer activity. The introduction of new tools and platforms for developers, along with community-driven initiatives, has fostered a more robust and active ecosystem. This increase in engagement is a positive sign, indicating a growing and dedicated user base.
Regulatory Compliance and Security Measures:
KASPA has also been proactive in ensuring regulatory compliance, a key factor in sustaining long-term growth. The team has taken steps to adhere to evolving global regulations, enhancing investor confidence. Additionally, security measures have been strengthened to protect against potential threats and vulnerabilities.
Market Sentiment and Investor Interest:
The overall market sentiment towards KASPA remains positive. Increasing investor interest, as evidenced by social media activity and cryptocurrency forums, suggests a bullish outlook. This sentiment is bolstered by KASPA's consistent performance and strategic initiatives aimed at long-term growth.
In conclusion, KASPA's technical and fundamental analysis paints a picture of a cryptocurrency with strong potential, backed by a robust ecosystem and growing investor confidence. The synergy of technical strengths and solid fundamentals positions KASPA favorably for future growth. However, as with any investment, market dynamics and external factors could influence its trajectory.
KAS/USDT: A Tale of Two Patterns - bullish or bearish?The KAS/USDT chart shows an interesting development with a possible double top or bull flag formation. There's a chance the price could reach .50 based on technical analysis, but remember that the crypto market is volatile and reaching this target is not guaranteed.
Clean Kaspa Rise with Fib RetracementKaspa Coin Quick Play: Fib Retracements and Anticipating the Surge! 🚀📈
Overview:
Eyeing an opportune entry in the Kaspa coin rally! Considering Fibonacci retracements, focusing on the 50-61% zone for potential pullback entry. Current levels at 0.14039 to 0.13987.
Strategy:
Waiting for a brief pullback for trend confirmation before making a move. The sweet spot for entry lies around 50-61% retracement levels, setting the stage for potential gains.
Price Target:
Bullish sentiment suggests a possible surge towards 15 cents. Keep a sharp eye on developments and seize the moment for a strategic entry. Ready for the Kaspa thrill ride? 🎢💹 #KaspaCoin #FibonacciPlay
KAS - Kaspa re-gaining ground!It has been a while when this coin did move up, it was in a long congestion, and it is still there, but around 0.10$ we ve seen a kind of reaction which can lead to a 0.15$ level if the double bottom (short term) will remain solid and if it will be broken at 0.11.
Good trading!
Kaspa (KAS): In great spirits!Kaspa is in great spirits, with a run of over +40% in 5 days, and is now just a step away from its closing ATH!
Does it need a breather, or will it break all the way up?
Being rejected by the ATH should bring the price back towards $0.123 in the first instance, on the support indicated by our Pivot Identifier . But if we get a daily close above $0.145, then Kaspa could mark a new ATH.
To find a target, we've plotted Fibonacci extensions of the last big move. Why not go for 1.618 in the medium term, towards $0.21!
In the short term, a small retracement seems probable, as many indicators are currently overheating, as shown in our Ultimatyx Screener table.