In a recent video, YouTuber C-Zar Gets Crypto delved into the potential future price movements of [Kaspa (KAS)](https://captainaltcoin.com/how-high-can-kaspa-rise-in-2024-and-2025-kas-price-predictions/), analyzing various indicators and possible targets. Despite some bearish signals, he pointed out that KAS could still reach higher prices if it manages to maintain key support levels.
Bearish Divergence and Monthly Chart Insights
C-Zar began his analysis by examining the monthly chart, where he identified a double bearish divergence.
He explained that Kaspa had formed two lower highs following three peaks, which typically indicates a bearish trend. However, he suggested that the divergence might have already “played out,” as KAS has retraced to the initial divergence point.
While this bearish divergence isn’t a positive sign, C-Zar mentioned that if KAS can avoid dropping below a crucial low point (around 12.53 cents), there is still a possibility for [higher price action in the future](https://coinmarketcap.com/currencies/kaspa/). He advised viewers to keep an eye on these critical levels.
Weekly Chart Analysis and Key Support Levels
On the weekly chart, C-Zar focused on the Relative Strength Index (RSI) for KAS, which is hovering near 50, indicating a potential support area. He noted that KAS has historically respected this level, which could serve as a foundation for further upward movement.
C-Zar also discussed Fibonacci retracement levels, emphasizing that KAS needs to stay above critical areas to prevent further declines. He pointed out that as long as KAS remains above the key support at 12.53 cents, it could continue to consolidate before possibly rallying.
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C-Zar provided potential price targets for Kaspa during his analysis. In the short term, he expects prices to range between 24 and 28 cents. For longer-term projections, he suggests a potential move to 40-47 cents. These”
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Crypto Archie, a prominent figure in the crypto community with a YouTube channel boasting over 84,000 subscribers, recently shared his perspective on Kaspa’s potential price movement for 2024 and beyond. In his analysis, he challenges the prevailing market narratives and provides a comprehensive forecast for KAS.
2024: A Year of Consolidation and Strategic Positioning
According to Crypto Archie, 2024 may not be the peak year for Kaspa or other cryptocurrencies, contrary to what some might expect.
He suggests that 2024 should be viewed as a period where KAS gears up for a significant altcoin season. He projects that the price could potentially reach between $0.3 and $0.5 by the end of the year.
Currently, the market appears to be in a phase of limited action, characterized by range-bound movement. However, the analyst views this as a healthy stage, setting the foundation for a substantial price increase later on.
He advises investors to take advantage of this period by employing a dollar-cost averaging (DCA) strategy and remaining steadfast during market downturns.
2025: The Year of the Major Bull Run
Crypto Archie is more optimistic about 2025, predicting that this could be the year when Kaspa experiences its most significant gains. He anticipates that Kaspa (KAS) could reach a price range of $2 to $5, particularly in the latter half of the year (Q3 or Q4).
This bullish outlook is based on several factors. The analyst believes that an increase in liquidity, driven by potential rate cuts from central banks, could play a crucial role. Additionally, he expects the global financial environment to improve by then.
Furthermore, the analyst speculates that if the United States elects a new president who is favorable towards cryptocurrency, market sentiment could turn decidedly bullish.
Long-Term Vision: Kaspa in 2029 and Beyond
Looking further into the future, Crypto Archie remains optimistic about Kaspa’s long-term potential. He envisions Kaspa potentially evolving into a leading layer 1 blockchain, on par with Ethereum.
However, he acknowledges that this transformation won’t happen overnight and will likely require several bull cycles to fully materialize.
Despite his optimism, Crypto Archie cautions viewers about the inherent risks. While Kaspa shows strong potential, there is also the possibility that it could underperform or face significant challenges in the future.
An active Kaspa (KAS) coin holder recently decided to transfer over US$800 into the Bitnance (BTN) token presale. This individual joins the ranks of Ethereum (ETH) whales and Shiba Inu (SHIB) traders who have also made the move. However, it seems the trader is diversifying their gains, suggesting potential growth for both tokens in the near future.
This trader’s transaction adds to the positive momentum surrounding the Bitnance token presale. Early Monday morning, three purchases totaling slightly over 0.1 ETH were made, pushing the average presale activity to just under 5,000 tokens daily over the weekend.
Uptrending Sales Activity
The 5,000-token average continues the upward trend in sales activity for the token presale. Last week, daily activity surged by over 2,000%, and if this trend continues, investors could witness days where over 10,000 tokens are sold.
This increase in daily sales activity also indicates that the project could potentially sell out.
Unique to the Binance Smart Chain (BNB-chain), Bitnance is a new digital store of value asset. With a very low total token supply, it has an infrastructure designed to help investors retain value, even if their local economy and fiat currency experience a decline.
This is crucial in today’s economic climate and is a primary reason why Bitcoin has become such a phenomenon. However, this might be the first time a cryptocurrency project of this nature has been launched on the Binance Smart Chain (BSC).
Buy-Sell-Swap Crypto Transaction Fees
Beyond potential profit gains, the Layer-1 blockchain also offers investors a significant advantage in terms of transaction fees. Bitnance (BTN) is expected to cost nearly 80% less than Bitcoin to buy, sell, or trade. The associated gas fees should be more favorable for everyone, especially those who use the BSC blockchain.
Currently priced at US$0.358 per token on Bitnance.net, the listing day yields are projected to be +30% profits. The Bitnance token, symbol BTN, will be listed on crypto exchanges four days after the initial presale offering ends on December 1st. The price on CEX(ES) is expected to be $0.456, according to the crypto project’s whitepaper.
$1.85 Price Prediction for December 2024
Based on typical crypto listings, however, first-day profits could be much higher. A similarly structured token on the Ethereum Blockchain returned over 300% profit to investors on its first day of listing. The Binance Blockchain has a much larger user base, which could drive gains of 400-500% — potentially pushing the token price to $1.85.
If the price does reach $1.85, today’s investors who put in $1,000 could see a return of just over US$5,182.
These high-profit margins may have influenced the KAS coin holder’s decision to move funds into the ICO. While Kaspa has a promising future, the ICO gains are expected to outperform the profits currently being made from holding KAS.
KAS Coin Price Could Reach $0.56 By December
The KAS coin is predicted [chart] to reach $0.56 by September 30th. However, this represents only around a 100% return, compared to the 4x-5x gains anticipated from the Bitnance presale.
The trader who moved into the presale, as seen on the BTN presale transaction address, is linked to a wallet holding at least five figures [$XX,XXX] worth of KAS coins. A savvy investor, they have already earned at least four figures in profit this year, likely from an early investment in Kaspa Coin’s initial listing.
If this trader made such a wise decision, it’s a strong positive signal for why they are now investing in the new token presale, which is rated by
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The cryptocurrency market is abuzz with anticipation for a potential bull run in 2024/2025. Bitcoin’s price movements often set the tone for other digital assets, and one rising star that has caught the attention of crypto enthusiasts is Kaspa (KAS).
We consulted with Gemini AI to analyze Kaspa’s potential value, assuming Bitcoin reaches the $100,000 mark.
Kaspa’s Distinctive Features
Kaspa distinguishes itself with its innovative GhostDAG algorithm. This Proof-of-Work system enhances scalability and efficiency, surpassing traditional blockchains in these aspects. As a result, Kaspa can process transactions more quickly than many of its competitors.
Kaspa has already demonstrated significant performance. Its price movements have been volatile, reflecting the dynamic nature of the crypto market. Investors are closely monitoring KAS, considering its potential for future growth.
The introduction of Bitcoin ETFs has had a ripple effect across the entire crypto ecosystem. These financial products could increase demand for Bitcoin, potentially driving up its price. As Bitcoin rises, other crypto assets often follow suit.
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According to insights from QuickCrypto, there is a genuine possibility that Kaspa (KAS) could reach a price of $1 in 2024, driven by several factors. With numerous upcoming developments, including the introduction of KRC20 and potential listings on tier-one exchanges, Kaspa appears to be on the brink of significant growth.
Current Valuation and Price Movement
As of the video posted on August 30, Kaspa was valued at approximately 16.8 cents, reflecting a modest daily increase of about 1.57%.
To reach a $1 valuation, Kaspa would need to rise by over 500%—a fivefold increase from its current price. While this may seem ambitious, a historical comparison to Bitcoin offers a different perspective.
Bitcoin’s price has shown the capability to surge by roughly 10% in just one day, and there have been instances where it increased by over $10,000 in just three days.
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This raises an important question: If Bitcoin can experience such rapid price movements, why couldn’t Kaspa achieve similar percentage gains?
Historical trends suggest that investment flows into altcoins and projects like Kaspa often follow Bitcoin’s price increases. Additionally, many Bitcoin maximalists have”
Kaspa is currently undergoing significant accumulation within the price range of $0.156 to $0.175. According to King Crypto, a similar accumulation phase was observed between $0.11 and $0.13, which was followed by a price surge of approximately 78%.
King Crypto’s analysis suggests that a similar price spike could occur in the coming days, provided no major bearish events disrupt the current trend.
Ongoing Trendline Support Suggests a Possible Decline
Looking at the broader market, Kaspa’s price has been consistently bouncing off a trendline support since mid-2023. This trendline has acted as a foundation for price rebounds.
Bulls have repeatedly found liquidity at this level, indicating that the KAS price might need to dip to this support before experiencing a significant bounce.
Should the price break below the accumulation support around $0.15, we could see a retracement back to this trendline support.
