KAS vs. INJKAS is currently forming an SOS phase/consolidation phase before a breakout when comparing with INJ. Most coins are forming SOS pattern/bull flag.
Accumulate at the lows/dips each time as it slowly breakout.
Target 0.19-0.24
KASUSD trade ideas
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 potential pull backFor those who were'nt DCAing before:
Confluence between logarithmic ascending channel lower level, fib and previous consolidation area. I don't see it happening with BTC pumping atm, but if there is a pullback this could be a good place to pack your bags.
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.
2023 December high for KaspaThis is just my theory and I hope you don't base your trsading on this as it is juist a theory of mine. I am of the thought that Kaspa is about to do something amazing with price if we mimic the Bitcoin marketcap of the 2013 bullrun. We see so many similarities between both Bitcoin and Kaspa that it is scary amazing! We see how Bitcoin functions within the Beam Band and how it breaks the Beam Band by about 56% once it achieves the high of over $1100. From a mktcap of $2.8 billion it basically 4.4 times itself into a $12.4 billion mktcap in 2013 and Kaspa at same Mktcap of $2.8 billion if it also 4.4 times its value would place Kaspa at a $0.57 valuation with a $12.4 Billion mktcap as well. It took Bitcoin 26 days after the breakout to increase in price up to $1100 and so is it possible we will see this in 26 days from today for the price of Kaspa?
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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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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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! 🚀💹
KASUSD Pull-back soon, which will be a buy opportunity.Kaspa (KASUSD) has been on a 5-day bullish run as it first consolidated on the 1D MA50 (blue trend-line) and bottom (Higher Lows trend-line) of the 5-month Channel Up, solidifying it as the Support.
The 1D RSI is extremely overbought above 80.00 and soon that should transcend into a technical pull-back. The current rise resembles that of June, which extended to +105%, then pulled-back near the 0.5 Fibonacci retracement level and the 1D MA50 and started the final and most aggressive leg of +155% to the Channel's new Higher High.
As a result we will look to buy at the end of a potential 1 week pull-back and target 0.16000 (estimated +155%).
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Kaspa next possible high on December 2023According to the data this is what I am seeing with Kaspa's next possible high target price. According to @Cryptographur we could see a possible $0.14 price target coming soon and this does make sense with not only the fib lines he shows but with previous high and lows off of the Beam Band that i love to use for all my crypto plays. As you can see, we have Kaspa with consistent point from the top of this Beam Band once it makes peaks and valleys. We see the 38%, 34% and the next being 36% (taken from average of other two), we also see the 65% valley low along with the next 60%, and also we see the average days between these price points with 106 days, 127 days and 124 days in between these points. If we take all these days and percentages we come up with December 6th 2023 as the next possible time frame with price target of $0.16 for the next peak calculating a 36% drop from top of Beam Band with an average of 119 days (taken from other day averages).
KASUSD WILL DUMP - BEARISH DIVERGENCEShi Traders
We have something for altcoins lovers. But this time this is not a candy for bulls.
KASUSD may be ready to dump hard .
Bearish divergences on daily time frame are very visible and it can't be overlooked by any trader.
Upside is very limited if there's any left.
Targeting 0,5 fib level where we can get a bounce, but after that expecting more downside.
KASUSD won't be a buy for long-term investment any time soon.
Good luck
Expect a big descent to KASPAAfter simple analysis and intensive observation of KASPA
I think we're going to see prices drop.
0.043
0.042
KASPA Decline Continuation IndicatorThere are not many details, but a simple analysis seems to show that the index is in continuous decline.
Is Kaspa close to an imminent correction?This is not an investment advice but a humble idea of a potential crypto enthusiast.
Kaspa has represented a real exception within the current market conditions that have been experienced for some weeks now.
Kaspa has made a new ATH, something that for the holders is a success and for Short futures traders a misfortune.
However, not everything seems to be following the same path. The RSI is showing a real monstrous bearish divergence since weeks ago. And with this new ATH, things don't seem to be getting any better.
This points to a healthy (I might even say necessary) correction. Although, for this to happen, we must first fall below its trend line.
After the breakout, a pullback should be made near the dynamic support and continue with the correction.
If, consequently, the critical support is broken, there will be 2 important zones left to start an accumulation phase. Such areas are potential for the next bull market.
Buy zone 1: $0.024 - $0.022
Buy zone 2: $0.014 - $0.013
Managing purchases and following the plan is paramount to your financial success. Do your own research and decide your future.
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KASPA / USDKaspa analysis / Elliot Wave
Kaspa is the fastest, open-source, decentralized & fully scalable Layer-1 in the world.
The world’s first blockDAG – a digital ledger enabling parallel blocks and instant transaction confirmation – built on a robust proof-of-work engine with rapid
single-second block intervals.
KASUSD: Initiated the new rally phase to 0.1100KASUSD / Kaspa recovered the recently lost Support of the 1day MA50 and almost reached the August 7th High.
With the Rising Support holding, the long term bullish trend is intact.
Based on a similar rise since the start of the year, the price is just starting the new rally.
Buy now and target the 2.618 Fibonacci extension at 0.11000.
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KASUSD: Above the 1D MA50, confirmed new rally.KASUSD crossed over the 1D MA50, which has been the Resistance last week, and on a bullish 1D technical outlook (RSI = 63.474, MACD = 0.006, ADX = 30.066) is extending the rise after making on September 5th a bottom on the long term Channel Up. The technical target is the 2.5 Fibonacci level (TP = 0.10500).
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RSI Divergence on the KAS 3 Day Chart flipped GREENRSI Divergence on the $KAS 3 Day Chart flipped GREEN after bouncing off the bottom
Prior examples led to a big rally (2x - 7x)
Lowest risk entry on KAS - BULLISHKaspa currently finds itself at the bottom of the ascending channel, which has been a consistent support level.
Also near the bull market support band (20/21 week sma/ema), which has also been a support level.
Holding until the top end of the channel would provide nice ROI from an entry from this level if it holds again.
We also have a cup and handle (with a higher handle) that is still playing out.
BULLISH WEEKLY HEIKIN ASHIVery bullish looking chart for Kaspa. Following an ascending channel, bouncing off the 20/21 week SMA/EMA (bull market support band)
Heikin Ashi just turned GREEN on the weekly
Looks to be primed for upside!
KAS vs Early BTC: The Ascending ChannelYou can see here that the ascending channel that $KAS finds itself in is very similar to the early channel that BTC traded in before breaking out to $30.
If Kaspa repeats something similar, as it already is doing, it could lead to an epic move north of $1.00 USD.
KAS also consistently bounces off the 20/21 week SMA/EMA as has always done during a bull rally (green and red lines).
Any touches of those moving averages are strong buys, as far as I'm concerned. I'm not sure we will get a touch again in the near term, as the bottom side of the channel may hold as support.
It seems like we are in a deep value zone right now.
Previous monthly ATH close was around .0324, and that has held so far (not shown here). Also confluent with the bottom of the channel.
Downside is limited IMO. Bullish.
KASUSD Rebounded on the 1D MA50 but needs this level asap.Kaspa (KASUSD) is on the 4th straight bullish 1D candle following an exact rebound on the 1D MA50 (blue trend-line). This was the initial bullish signal after a 10 day correction within the Channel Up pattern that started on the May 24 bottom. That was also the bottom of the larger long-term Channel Up.
A similar sequence got rejected on the 0.618 Fibonacci retracement level on April 28 and eventually extended the decline to the -1.0 Fibonacci extension and hit the 1D MA200 (orange trend-line). As a result, if the price closes a 1D candle above the current 0.618 Fib, we will buy the break-out and target 0.1200 long-term (+900% from the May bottom). If it fails on the 0.618 Fib, we will sell and target the 1D MA200 at 0.02700.
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