Kaspa’s price appears to be positioned for significant growth, based on historical price patterns of the token. According to Mikro on X, this potential surge could result in gains of up to 5x.
Mikro highlighted that Kaspa (KAS) might be nearing the conclusion of a prolonged accumulation phase, which has persisted for exactly one year. Historically, such extended accumulation periods often precede substantial price increases, typically around 500%.
Mikro observed that similar accumulation phases in the past have led to remarkable price rallies, with one instance resulting in a 400% increase.
Current market conditions for the KAS price indicate stable price action, which suggests that strong investors are accumulating the asset while maintaining low volatility. This stability could pave the way for a breakout, potentially leading to a significant price surge, consistent with historical performance following extended accumulation periods.
Mikro also mentioned a psychological aspect of the market, referencing a “Wojak” meme in the accompanying chart. This suggests a potential shift in sentiment among retail investors, hinting at growing optimism or fear of missing out (FOMO) as the accumulation phase approaches its conclusion.
In summary, the analysis presents a bullish outlook for KAS, with expectations of significant gains as the market transitions from accumulation to expansion.
Crypto analyst Jim has provided an in-depth technical analysis of Kaspa’s (KAS) price action through a macro ascending channel. His analysis suggests potential price targets ranging from $0.33 to $5.36 by March 2025, based on current chart patterns and market behavior.
In a tweet, Jim emphasized the importance of risk management while maintaining a bullish outlook for KAS.
Jim’s weekly chart analysis reveals that KAS is trading within a clearly defined ascending channel. The price action consistently interacts with key support and resistance levels, reinforcing the pattern’s validity. The lower boundary serves as a strong support at $0.12356, while the midline is positioned around $0.33.
The current KAS price of approximately $0.176 is below the channel’s midline, indicating potential for upward movement. Multiple interactions with these levels further validate the technical formation.
Jim’s analysis suggests that the fair value of KAS under current market conditions is around $0.50. The ascending channel offers various price targets depending on the timeframe. In the near term, resistance is expected at $0.33, which aligns with the channel’s midline.
The upper boundary of the channel ranges from $1.31 in shorter timeframes to $5.36 for longer-term projections, extending into March 2025. These targets are based on the channel’s upward slope, where delayed price movements could result in higher price levels.
Investing in cryptocurrencies such as Kaspa, Tron, and Cardano could potentially enhance a portfolio’s performance. Recent data from ChangeNOW indicates that transaction volumes for these digital assets have been increasing. ChangeNOW is a platform that allows users to exchange cryptocurrencies without the need for registration. It is favored by experienced investors and large holders who prioritize the security of their funds. The rising activity suggests that investors are accumulating these coins, which may signal future growth potential.
Kaspa’s Bullish Momentum Suggests Potential for Further Growth
Kaspa (KAS) has been gaining momentum, with its price fluctuating between $0.13 and $0.16. Over the past month, the price has surged by nearly 29%. The nearest resistance level is at $0.18, and if this is surpassed, the next target could be $0.21. The Relative Strength Index (RSI) is currently at 77, indicating strong buying pressure. The 10-day simple moving average (SMA) is $0.16, which is above the 100-day SMA of $0.14, suggesting upward momentum. With additional bullish indicators such as a positive MACD and a high Stochastic value, Kaspa appears to have room for further growth. For those interested, platforms like ChangeNOW offer access to Kaspa without registration or hidden fees.
TRON’s Bullish Run Continues as Price Nears Key Resistance Levels
TRON (TRX) has experienced notable gains recently, with its price increasing by nearly 24% in the past week and over 28% in the past month. The current price is hovering between $0.17 and $0.22, approaching the nearest resistance level at $0.23. If this level is breached, the next target could be $0.27, representing a potential increase of more than 30% from current levels. Technical indicators such as the RSI nearing 60 and a positive MACD signal suggest continued bullish momentum. Additionally, the moving averages are trending upwards, with the 10-day SMA above the 100-day SMA. This setup may be appealing to those considering purchasing TRON, which is available on ChangeNOW without the need for registration or hidden fees.
Cardano Gains Momentum with 115% Monthly Increase, Targets New Highs
Cardano (ADA) is currently in a strong upward trend, with its price increasing by 115% this month and 28% this week, now trading between $0.54 and $0.84. The next resistance level is at $0.98, and surpassing this could lead to the second resistance at $1.28. The 10-day SMA is above the 100-day SMA, indicating positive momentum. Technical indicators such as the RSI nearing 60 and a positive MACD level suggest continued strength. If the price reaches the first resistance, it would represent a significant increase from current levels. Given these positive technical indicators, Cardano has attracted attention. This cryptocurrency can be traded on ChangeNOW without registration or hidden fees.
Conclusion
Kaspa offers exciting potential with its rapid transaction speeds and innovative technology. Tron presents opportunities in decentralized applications and digital content creation. Cardano stands out with its secure and efficient transactions, utilizing a proof-of-stake approach. For those interested in trading these cryptocurrencies, ChangeNOW provides a convenient platform. It allows users to exchange, buy, or sell these coins without hidden fees or the need for registration, enhancing security by not storing user funds. Supporting over 900 cryptocurrencies, with no limits on transaction volumes, and offering the option to purchase crypto using a bank card, ChangeNOW provides flexibility and convenience for all users.
DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise”
The Kaspa price surged by 11% today, now trading above $0.16. This marks the highest KAS price since September.
An analyst from 2xnmore shared a viral Kaspa chart today, which has caught the attention of many traders.
Kaspa Chart Indicates Strong Upward Momentum
Currently, KAS is trading at $0.168146. The price of Kaspa has been quite volatile recently, with significant fluctuations. Notably, it has broken out of the $0.10-$0.12 range where it had been trading for a while.
The overall trend appears promising – higher lows and higher highs are being observed, which is generally considered a bullish signal. Despite some dips, the price has consistently rebounded. There is strong support around the $0.10-$0.12 range, with the price bouncing off these levels multiple times.
The MACD, a widely used technical indicator, is showing bullish signals as it moves above the signal line. The RSI is also trending upwards, though it is approaching overbought levels, which could indicate a period of consolidation is near.
2xnmore highlighted that KAS often “operates in its own league and pumps when it feels like,” implying that it doesn’t necessarily follow broader market trends. While there is some resistance around the $0.20-$0.25 range, where the price was previously rejected, KAS seems to be making another attempt to reach these levels.
The chart suggests that further upside is possible, but the key will be whether KAS can break through the $0.20 mark. If it fails to do so, we could see a pullback to test support at $0.15 or even lower. As always with cryptocurrency, price movements can be”
KAS is surging, prompting speculation about its ability to sustain growth. TRX is eyeing a breakout in December. According to ChangeNOW, a registration-free crypto exchange used by savvy investors and whales concerned about fund safety, transaction volumes for KAS and TRX have increased. This suggests investors are accumulating, pointing to potential future growth.
Kaspa (KAS) is showing strong bullish momentum, with its price rising over 28% in the past week and nearly 10% in the past month. Trading between $0.11 and $0.18, it is approaching the nearest resistance level at $0.20. Technical indicators support this upward trend: the 10-day simple moving average stands at $0.14, above the 100-day average of $0.13, and the relative strength index is over 62, indicating positive market sentiment. A move past $0.20 could see Kaspa targeting the next resistance at $0.26, representing a significant gain from current levels.
Kaspa is available on platforms like ChangeNOW, which offers services with no registration and no hidden fees.
TRON (TRX) Gains Momentum as Bulls Push Prices Higher
TRON (TRX) is showing bullish signs as its price hovers between $0.16 and $0.17. The nearest resistance is at $0.17, and if surpassed, the next target could be $0.18. Over the past week, TRX has gained nearly 18%, and in the last six months, it has risen by more than 56%. The Relative Strength Index is approaching 60, indicating momentum is on the rise. The 10-day moving average is at $0.19, suggesting potential for further growth. TRX is available on ChangeNOW with no registration and no hidden fees.
Overall, KAS is experiencing strong upward momentum, and TRX is aiming for potential growth in December. Each of these cryptocurrencies presents unique opportunities for investors and traders looking to capitalize on market movements. For those interested in investing in these coins, ChangeNOW offers an excellent platform for transactions. It allows users to exchange, buy, or sell these cryptocurrencies without hidden fees or the need for registration, enhancing security by not storing user funds. Supporting over 900 cryptocurrencies, with no limits on transaction volumes, and the option to purchase crypto using a bank card, ChangeNOW simplifies the trading experience.
DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the reader. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
Top analyst ParabolicPump recently shared on X (formerly Twitter) that Kaspa (KAS) has been in a consolidation phase for nearly a year. However, many analysts and traders are now pointing to the possibility of a breakout from this prolonged period of range-bound trading. This extended phase of consolidation has set the stage for a potential upward move as the token approaches key resistance levels.
The analyst also underscores the cyclical nature of cryptocurrency markets and the importance of making strategic decisions during periods of volatility. ParabolicPump mentioned that once KAS breaks out of its current range, a parabolic rally could ensue, potentially pushing the token into price discovery territory.
KAS Chart Analysis: Consolidation Phase and Key Support Levels
Kaspa’s price has been trading within a horizontal range between $0.08 and $0.19 for the past year. This accumulation phase has established a strong support zone near $0.08, where significant buying interest has been observed. The chart shared by ParabolicPump identifies this green horizontal zone as the base where “smart money” has been accumulating.
Recent price action shows a bounce off this support zone, indicating renewed bullish momentum. The breakout from a descending green channel within this range further supports the idea of higher lows and higher highs forming in the coming weeks.
The $0.19 resistance level remains a significant barrier for KAS. Analysts have noted that repeated tests of this resistance weaken its strength, increasing the likelihood of a breakout. The chart suggests that once this resistance is surpassed, KAS’s price could aim for levels near $0.50, a psychological and technical milestone for traders.
ParabolicPump’s analysis also highlights that while volatility has been relatively low, this is expected to change soon. The combination of technical patterns, including the symmetrical triangle, points to a potential bullish breakout in the near future.
(@skibumtrading) 
