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A prominent crypto analyst, operating under the handle ParabolicPump on X, has predicted that Kaspa (KAS) could soon reach new all-time highs. This forecast is based on the token’s prolonged sideways trading and strong accumulation patterns.

Currently trading at $0.1584, Kaspa has seen a 5.68% increase in the past 24 hours and an 8.24% gain over the last week, according to CoinGecko data.

The token continues to exhibit steady trading activity, with a 24-hour trading volume of $156,342,579. Its price movement suggests growing interest in the market as it breaks out of previous trading ranges.

Market data also indicates sustained buying pressure across major cryptocurrency exchanges.