KAS Coin (Kaspa) - TA and Price PredictionAnalyzing a coin with a short price history is a challenge. In TA we analyze an asset based on past performance and try to project what this past performance may mean for future performance. A coin without a significant past PA is tricky. However, because of it’s incredible PA recently and because of this asset’s fundamentals I will follow it closely and share setups as I see them.
Support:
• Currently KAS found support at the 0.011991 USD level. It was also oversold on the RSI daily and reacted nicely to it. It is still too early to say if the current downtrend is over.
• If the 0.1191 level doesn’t hold it may find support at the 0.009161 level. Note that price usually tends to go back to unfilled wicks, so it is not out of the question.
Resistance:
• 0.022522 USD. Previous HL.
• 0.033101 USD. Previous LH.
• 0.043301 USD. ATH
Accumulation Range:
IMO, any price between current price and 2 cents is good for long-term accumulation.
Price Prediction:
Kaspa is a young asset. The Kaspa blockchain (DAG) still has a lot of development to make. KAS’s Price history also makes it difficult to extrapolate future price. However, we know that this kind of asset can make an astonishing PA if the stars align.
If we take a fib extension from previous low to high, we can see that KAS’s ATH was between the 1 – 1.272 fib extension. Assuming that the next ATH will be between these fib extensions, our price target is roughly between 12-22 cents. Astonishing as it may appear to be, in crypto everything is possible.
If we copy the fractal of Kadena’s meteoric rise during the previous bull market and apply it to Kaspa, we get a price target much higher, but we need to take it with a grain of salt. We are not in a bull market, yet.
Reservations:
This is a high risk, high reward trade. It can be an extremely profitable trade, but it can also fail miserably.
This is a long-term trade. It may take months or even a year before my price target is achieved.
NFA.
Feedback will be appreciated.
Best wishes to all.
Kaspa
KASUSD Best buy opportunity over the MA50 (1d).KASUSD continues to be supported by the MA200 (1d) exactly at the bottom of the Channel Up.
The MA50 (1d) behaves as Resistance, containing the price under it since May 6th.
Trading Plan:
1. Buy if a (1d) candle closes over the MA50 (1d).
Targets:
1. 0.0800 (Fibonacci 1.5 level, which was a Higher High on the previous MA50 breakout).
Tips:
1. The RSI (1d) is on a pattern that looks very much like the December-January bottom. It is even above the MA trendline, which serves as an additional reason to expect a bullish breakout.
Please like, follow and comment!!
Notes:
Past trading plan:
Kaspa $KAS coin Kaspa $KAS coin -
What Is KASPA (KAS)?
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.
Kaspa on 4hr chart MACD crossed signal line (bullish) and RSI has risen above the 50 mark headed north and is trading above the MA all positives so its likely to make gains
KAS don't miss this one.Hello, everyone
I've noticed KAS sometimes moves inverse to BTC, kind of like LINK did in 2018-2019.
It had a massive run up from February to April, and from then grinded down retracing 70%,
The tech itself is a L1 promising BTC security with SOL scalability.
The chart looks bullish.
Don't fade this one.
GL, stay safe. Stay liquid.
"Kaspa continues its bearish trend with its current status.KAS Coin (KAS), recent developments have created excitement among investors. However, KAS Coin's price chart has shown a downward trend lately. KAS aims to create a financial ecosystem based on blockchain technology and has established important partnerships to achieve this goal. KAS Coin has started trading on several major exchanges recently, allowing investors to discover its potential. However, the downward trend in KAS Coin's price chart continues.
Furthermore, mention the downward trend on the monthly chart and the bearish trend on the weekly chart because the last candle on the monthly chart appears to be risky.
KAS/USDT: Altcoin with Promising FutureGreetings fellow traders! I'm excited to present my very first analysis on TradingView, and I couldn't have picked a more intriguing asset to cover than Kaspa.
MEXC:KASUSDT is currently displaying bullish signals on the daily timeframe, primarily due to the formation of a clear double bottom. A double bottom is a positive chart pattern that occurs when an asset reaches a low point twice and then rallies again. This pattern is often interpreted as an indication of an impending market reversal and the beginning of a bullish trend.
In addition to the formation of the double bottom, there are other factors contributing to the bullish outlook for Kaspa. One of these is the listing of Kaspa on multiple exchanges, including Uphold . This listing could lead to increased liquidity and demand for Kaspa, which in turn could result in a rise in the coin's price.
Furthermore, there are strong rumors circulating that Kaspa will soon be listed on KuCoin , one of the leading top-tier exchanges. If this speculation proves to be true, it could have a significant impact on the adoption of Kaspa and drive up demand for the coin, resulting in further price appreciation.
It's important to note that investing in cryptocurrencies is inherently risky due to the volatile nature of the market. Therefore, it's crucial to conduct thorough research before making any investment decisions and to have a sound investment strategy that aligns with your individual goals and risk tolerance.
May the markets be ever in your favor!
Be Ready - 30% move on KASPAA symetrical triangle is forming on the 1h and 4h.
From my analysis KASPA doesnt care where BTC is moving or what the whole crypto market is doing.
For some reason it just doesnt follow the market which means if BTC dumps more we can still see a 30-35% move to the upside or 31% to the downside.
Watching it closely to see where its headed!
Kaspa Coin KASUSDT Hey everyone hope you guys are doing fine
for all those who are following me my last setup was from 0.0375 to 0.024
Since that chart is completed now our buys are triggered.
Short term Take profit is mentioned.
I personally believe Kaspa has some potential to do massive gains so keep an eye on it.
Over and out and remember me in your prayers
KASUSDT KASPAI recently came accross Kaspa coin when it was about to list on Gate.io ibought a small bag at 0.014 and ejoyed some profit. price is now at 0.037
i mapped some charts on it. Head and shoulder completed with the breakout and retest. completion of ABCD pattern done. PLUS Cypher patter in making which has the potential completion on 0.02434. I personally booked my Profit and will wait to price reach at this level to buy it back.. DYOR before investing Happy Trading guys.
Kaspa Daily Bull Flag TargetKaspa's rise has been nothing short of phenomenal. I believe this bull pennant forming on the daily will play out, and the targets could reach just under 6 cents. I believe Kaspa can go well beyond that as well, as it's technology is such a big advancement to the industry. I've had a big spot position on Kaspa since August and my current long position has been open for a couple weeks now. Kaspa has done ~20,000% since May, though, no charts on TradingView currently show it's whole lifespan.
If you want a list of reasons why I am so bullish on Kaspa, you check out this Reddit article I wrote. It's a ten minute read and in my opinion, well worth your time:
Mega List of Reasons for Kaspa's Growth - For Newcomers