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
Kaspa
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 $0.21!
In the short term, a small retracement seems probable, as many indicators are currently overheating, as shown in our Ultimatyx Screener table.
Kaspa Potential Buy Level - Sell Zones Technical EvaluationWe Have had alot of requests lately to chart this asset, currently, I would not recommend buying this token until it crosses some pivotal levels outlined in the chart, or it drops to my buy level. The R/R level on this asset is just not to my liking, I would recommend setting alerts or limit orders at my target buy-in level ($.09229)
Here is a breakdown of the prices outlined in my chart.
Heavy Support level: .08811
Target Buy-in Level: .09229
Major Resistance: .11128
Target 1 Sell-Level: .12586
Major Resistance level 2: .17181
Target 2 Sell-Level: .18673
Minor Resistance level: .20994
Target 3 Sell-Level .30886
Now for some fundamental analysis on Kaspa
At the current moment in time there is a ton of misinformation reg arding this coin going on, For example a large amount of bag holders are exclaiming "A binance or Kucoin listing is surely around the corner" and "This whale wallet buying and moving all this CRYPTOCAP:KAS is actually Binance"
The latter can be disproved with 5 minutes of internet surfing and a tiny bit of logical deduction, The so called "binance wallet" interacting with this large amount of kaspa is actually Kucoins Kaspa holdings and it has been steadily decreasing since December 21st
coinmarketcap.com
The desperation of bag holders who missed the top is a negative factor contributing to the downward trend in CRYPTOCAP:KAS we have witnessed recently, which is why I am waiting for a solid entry point before actually entering this position. I recommend you set alert levels at my Potential buy-in level 1 and Major Resistance 1 and Target 1 sell-level.
Here is a bit of General information about CRYPTOCAP:KAS (Referenced from coinmarketcap)
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.
The Kaspa implementation includes a lot of cool features such as Reachability to query the DAG's topology, Block data pruning (with near-future plans for block header pruning), SPV proofs, and later subnetwork support which will make future implementation of layer 2 solutions much easier.
Kaspa ($KAS) - Long Setup on MS Break and Reclaim of Range EqCurrently looking for a structure like this to play out on Kaspa.
Criteria is
- sweep in demand while holding that range low with only deviations below as acceptable
- consolidate inside range for an ultimate reclaim of key S/R in green zone
Time will tell and will only take the trade if it plays out similar to this structure, timing of it has next to no meaning but will use this timeframe (daily).
Cheers
Kaspa will enter BEARMARKETKaspa has surely surprised me with the massive uptrend. this is also the only trade that has hit my stop-loss. All my other trades are CORRECT predictions.
But still, its time to get back to reality. I believe Kaspa has reached the TOP of the 1 year bull market. Kaspa is READY TO ENTER BEARMARKET. It starts with a dump towards 0,009349. second dump will be towards 0,00545.
MEXC:KASUSDT KUCOIN:KASUSDT CRYPTO:KASUSD GATEIO:KASUSDT
Kaspa vs. Bitcoin: A Tale of Two Crypto TitansKaspa vs. Bitcoin: A Tale of Two Crypto Titans
In the ever-evolving world of cryptocurrency, new contenders emerge to challenge the established giants. Among them stands Kaspa, a rising star boasting innovative technology and a dedicated community. While Bitcoin remains the undisputed king, Kaspa presents a compelling alternative with its unique features and potential.
Technological Divergence:
The most fundamental difference lies in the underlying technology. Bitcoin operates on a traditional blockchain, a linear chain of blocks recording transactions. Kaspa, on the other hand, utilizes a Directed Acyclic Graph (DAG), offering faster transaction speeds and scalability. This DAG structure allows for concurrent transactions, significantly increasing throughput compared to Bitcoin's single block per 10 minutes.
Pros and Cons:
Kaspa:
Pros:
Faster Transactions: Kaspa boasts significantly faster transaction speeds, enabling near-instantaneous confirmation compared to Bitcoin's hour-long wait times.
Scalability: The DAG architecture allows for theoretically unlimited scalability, potentially accommodating millions of transactions per second.
Fair Distribution: No pre-mine or ICO ensures a fair launch with an even playing field for all participants.
Mining Efficiency: Kaspa's mining algorithm is designed to be energy-efficient, offering a more sustainable alternative to Bitcoin.
Cons:
Market Maturity: Kaspa is a young project with a relatively small market cap compared to Bitcoin, making it more susceptible to market fluctuations.
Development Stage: While the technology is innovative, it is still under development, and its long-term viability remains to be seen.
Limited Adoption: Kaspa's acceptance and use cases are still in their infancy, limiting its real-world application compared to Bitcoin.
Bitcoin:
Pros:
First Mover Advantage: Bitcoin enjoys the first-mover advantage and established brand recognition, leading to widespread adoption and high liquidity.
Security and Stability: Bitcoin's network is extremely secure and has proven its resilience over time, making it a trusted store of value.
Large Ecosystem: A vast ecosystem of businesses and services supports Bitcoin, facilitating its use in various aspects of the economy.
Cons:
Scalability Issues: Bitcoin's blockchain technology struggles with scalability, resulting in slow transaction speeds and high fees.
Energy Consumption: Bitcoin mining consumes a significant amount of energy, raising concerns about its environmental impact.
Centralization Concerns: Mining pools control a large portion of the network, potentially leading to centralization and manipulation.
Price Target:
Predicting the future price of any cryptocurrency is a near impossible task. However, considering Kaspa's promising technology, fair launch, and growing community, its price potential is attracting attention. Some analysts suggest it could reach $100-$200 within the next few years, while optimistic projections even mention $500-$1000 in the long run.
Conclusion:
Kaspa and Bitcoin represent two distinct visions for the future of cryptocurrency. While Bitcoin remains the dominant force, Kaspa offers a glimpse into a potentially faster, more scalable, and sustainable future. Ultimately, the choice between them depends on individual investment strategies and risk tolerance. While Bitcoin offers stability and widespread adoption, Kaspa carries the potential for significant growth and innovation. Regardless of individual preferences, it is clear that both projects are shaping the future of cryptocurrency, pushing the boundaries of technology and challenging the established norms.
*Kaspa began trending late in 2023 as it was listed on Binance Futures. Having already seen an increase of 81,654% since the start of price data. Launched on November 7th, 2021, and the first price data comes from June 1st, 2022, where KAS traded hands for $0.0001699, its all-time low. It traded sideways until November 2022, when it saw a 694% increase in price, reaching almost $0.01 per coin.
After starting 2023 trading at $0.005278 per KAS, the price has since risen to a high of $0.154, an increase of 2,818%.
From May to August 2023, in anticipation of Kaspa’s first Halving event, Kaspa saw a rise of 273%.
Kaspa looks to be in a wave 3 heading to 23c up to 49-50c after it made a cup and handle pattern.
This is not financial advice!
KASPA a Technical Marvel Kaspa MEXC:KASUSDT is displaying an beautiful technical chart, showcasing a high degree of respect for key levels.
Your support means the world, so smash that like button to keep the motivation flowing! 💙💛
The current price action forms a compelling Symmetrical Triangle , setting the stage for next move.
Let's jump into the details!
Key Support Levels:
$0.080
$0.093
$0.114
These support levels act as robust foundations, indicating potential bounce-back points in the event of a downturn.
Key Resistance Levels:
$0.143
$0.177
These resistance levels represent significant hurdles that Kaspa must overcome to move in a sustained upward trajectory.
The presence of a Rising Fibonacci Channel adds another layer to the chart's complexity, reflecting a dynamic uptrend environment . This suggests that Kaspa is in a phase of positive momentum, further enhancing its overall bullish outlook.
As the symmetrical triangle tightens its grip, we should closely monitor the breakout direction for potential trading opportunities.
Keep a watchful eye on Kaspa as it navigates through these critical levels, presenting exciting prospects for those attuned to the nuances of this technical masterpiece.
KASUSDT IDEA - KASPA IDEA#KASUSDT #KASUSD #KASPA
NO Comment!
⚠️ Disclaimer: The viewpoints shared represent my individual outlook on the market, based on publicly accessible information and historical data. While a portion of these opinions is influenced by my actual trades, others are not. It's important to note that I am not a financial advisor, and I do not assume any responsibility for the decisions you make in your trading activities.
✅ Feel free to share your inquiries or suggestions in the comments. I am more than willing to assess and analyze any cryptocurrency, forex currency pair, or stock index that piques your interest, so, Please don't hesitate to ask or mention the specific currency chart you'd like me to review.
Is KASPA the new KING? Comparison with BTC & ETH.Kaspa (KASUSD) has been among the great winners of 2023, seeing an enormous growth as we approach the end of the year. Inevitably this draws comparisons to the early days of many high cap/ profile tokens. What better comparison for debate than to draw Kaspa against the market leaders, Bitcoin (BTCUSD) and Ethereum (ETHUSD).
Bitcoin is displayed in orange, Ethereum in blue and as you can see by first glance, Kaspa (candles) has been following much more closely BTC's trading action in its early days than ETH's. Of course ETH came at a later stage in the crypto market so it was less aggressive than BTC, which practically made the market. We have drawn a Unified Underlying Growth Curve (UUGC) between the 3 cryptos and with a relative safety offers a projected scenario for Kaspa's future growth.
Of course it's all fun and games until fractals are materialized and people are left wondering how they didn't see it coming and how they missed such an obvious opportunity. Again, this doesn't show that Kaspa will replace any of the above in usefulness, purpose or market cap but it points out some obvious similarities between their price action.
What do you think? Is Kaspa a new crypto King?
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Kaspa Update | KASUSDT UpdateKUCOIN:KASUSDT CRYPTO:KASUSD
Hello, dear traders!
Ah, well, well...
Our price chart's been playing hard to get with that stubborn $0.1500 resistance, giving it a go three times, no less! But alas, here comes the downturn.
Buyers, feeling a bit let down by the lack of perpetual growth, are wrapping up their trades, and wouldn't you know it, the bears decide to join the party. We're looking at a drop, folks.
Now, down to the 0.500 Fibonacci Ratio, we're in for a price slide. After a little breather, expect the downtrend to strut its stuff all the way down to the $0.1000 level.
✅ Wishing you all the luck in the trading arena. May the charts be ever in your favor. ✅
⚠️ Disclaimer: The viewpoints shared represent my individual outlook on the market, based on publicly accessible information and historical data. While a portion of these opinions is influenced by my actual trades, others are not. It's important to note that I am not a financial advisor, and I do not assume any responsibility for the decisions you make in your trading activities.
✅ Feel free to share your inquiries or suggestions in the comments. I am more than willing to assess and analyze any cryptocurrency, forex currency pair, or stock index that piques your interest, so, Please don't hesitate to ask or mention the specific currency chart you'd like me to review.
KASUSDT | KASPA IdeaKUCOIN:KASUSDT MEXC:KASUSDT Kaspa vs Tether
No comment!
⚠️ Disclaimer: The viewpoints shared below represent my individual outlook on the market, based on publicly accessible information and historical data. While a portion of these opinions is influenced by my actual trades, others are not. It's important to note that I am not a financial advisor, and I do not assume any responsibility for the decisions you make in your trading activities.
✅ Please don't hesitate to contact me with any inquiries or suggestions. I am more than willing to evaluate and analyze any currency pair or index that captures your attention.
KASUSD: The rally isn't over. Price can double.Kaspa is having one of the most aggressive rallies in the high capitalization category, positng the strongest weekly gains on the fifth straight green week. The 1D timeframe is obviously overbought (RSI = 86.789, MACD = 0.016, ADX = 53.378) but this rally can extend more based on the previous bullish sequence inside the annual Channel Up.
More specifically, the previous HH was made approximately on the 2.5 Fibonacci extension. In the meantime the 1W RSI peaked on a HH trendline. We have a similar pattern that is being followed currently so we expect KAS to reach again the 2.5 Fibonacci level and that's our target (TP = 0.28000) soon in order to form the new HH.
See how our prior idea has worked:
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KAS USDT By HesamUNT ( New Update )hey traders
we had an ascending triangle around 0.0539999 and we got this move
Now im looking for short entry around 0.122270 which confirmed by dynamic lvl
as u can see theres a bull flag in this chart, we can take the fresh support as a potential support area in first n second touches, and then we can expect another range market between fresh support and classical lvl till break up/down confirmation in daily TF
Also Classical lvl confirmed by Ichi and SenkouA as a potential support area
what u think about KAS ?
is this over ?
share ur chart and leave a comment
KASPA USDT: Breakout Watch and ZonesHello dear traders! If you like my graphics, please use Like button 💙💛.
📊 MEXC:KASUSDT Update:
The next move hinges on the breakout direction. Watch closely:
Bearish Perspective: Keep an eye on the 0.044 level. If it crosses below, a selling wave might persist, breaking the Rising Wedge support line.
Bullish Perspective: Look out for the 0.056 level. If broken, it signals a potential upward surge, breaking the Rising Wedge resistance (as in late March).
Bull Targets:
Target 1: 0.067
Target 2: 0.072
Target 3: 0.076
Target 4: 0.081
Bear Targets:
Target 1: 0.031
Target 2: 0.020
Target 3: 0.014
Stay alert for these critical levels! 🚀💹
KASPA vs USDT - KASUSDT IdeaKUCOIN:KASUSDT MEXC:KASUSDT
⚠️ Disclaimer: The following insights reflect my personal perspective on the market, relying on publicly available information and historical data. While some opinions stem from my actual trades, others do not. I am not a financial advisor, and I bear no responsibility for your trading choices.
✅ Feel free to reach me out with any questions or recommendations. I am more than willing to assess and analyze any currency pair or index that piques your interest.