Kaspa

Show

Simply

Cosmos

<p>Crypto analyst CryptoBull <a href="https://twitter.com/CryptoBullGod/status/1701896704776192498?s=20" target="_blank" rel="noopener noreferrer nofollow">pointed</a> out on Twitter an important event regarding the cryptocurrency KAS. The token just marked its 4th 4-hour (4HR) Golden Cross in its trading history. While this may sound like just another technical indicator, the consequences could be monumental, especially given the asset’s past performance post-Golden Cross.</p> 
<figure class="wp-block-image size-large"> 
 <img decoding="async" loading="lazy" width="1024" height="534" src="https://captainaltcoin.com/wp-content/uploads/2023/09/kaspa-ksa-1024x534.jpeg" alt="" class="wp-image-334359" srcset="https://captainaltcoin.com/wp-content/uploads/2023/09/kaspa-ksa-1024x534.jpeg 1024w, https://captainaltcoin.com/wp-content/uploads/2023/09/kaspa-ksa-300x157.jpeg 300w, https://captainaltcoin.com/wp-content/uploads/2023/09/kaspa-ksa-767x400.jpeg 767w, https://captainaltcoin.com/wp-content/uploads/2023/09/kaspa-ksa-1536x801.jpeg 1536w, https://captainaltcoin.com/wp-content/uploads/2023/09/kaspa-ksa-2048x1069.jpeg 2048w, https://captainaltcoin.com/wp-content/uploads/2023/09/kaspa-ksa-287x150.jpeg 287w, https://captainaltcoin.com/wp-content/uploads/2023/09/kaspa-ksa-100x52.jpeg 100w, https://captainaltcoin.com/wp-content/uploads/2023/09/kaspa-ksa-671x350.jpeg 671w, https://captainaltcoin.com/wp-content/uploads/2023/09/kaspa-ksa-788x411.jpeg 788w, https://captainaltcoin.com/wp-content/uploads/2023/09/kaspa-ksa.jpeg 1813w" sizes="(max-width: 1024px) 100vw, 1024px"> 
</figure> 
<h2 class="wp-block-heading" id="the-golden-cross-phenomenon">The Golden Cross Phenomenon</h2> 
<p>A Golden Cross occurs when a short-term moving average crosses above a long-term moving average, typically signaling a bullish phase for the asset. It is often considered a robust indicator in technical analysis, heralding potential upward price movement.</p> 
<h2 class="wp-block-heading" id="historical-context-the-numbers-speak">Historical Context: The Numbers Speak</h2> 
<p>Crypto ₿ULL God elaborates on the significance of this event by citing past data. According to the well-known trader, prior increases from the time of Golden Cross events for $KAS were as follows:</p> 
<ul> 
 <li>A 350% price surge after the first Golden Cross</li> 
 <li>A 720% increase after the second</li> 
 <li>A 210% rise following the third</li> 
</ul> 
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:"> 
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"> <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i> 
  <div class="rh-colortitle-inbox-label">
    Trade on US-Banned Exchanges With No KYC 
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
  </div> 
 </div> 
 <div class="rh-colortitlebox-text"> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px"> 
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p>Tired of missing hot new listings because your favorite exchange is banned in the US? <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f1fa-1f1f8.png" alt="🇺🇸" class="wp-smiley" style="height: 1em; max-height: 1em;"></p> 
    <p>With <a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="Rocketxchange" href="https://captainaltcoin.com/go/rocketxchange/" data-shortcode="true">RocketXchange</a> you can finally trade on Kucoin, ByBit and more without registration or KYC! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f64c.png" alt="🙌" class="wp-smiley" style="height: 1em; max-height: 1em;"></p> 
    <p>Simply connect your wallet to access every coin. No VPN needed.</p> 
    <p>Seamlessly bridge between EVM, Solana, Cosmos and 100+ chains. Discover the next crypto gem with low fees.</p> 
    <p>Take your trading to the next level with:</p> 
    <ul> 
     <li>Instant access to banned CEXs <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6ab.png" alt="🚫" class="wp-smiley" style="height: 1em; max-height: 1em;"></li> 
     <li>No KYC required <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f645-200d-2642-fe0f.png" alt="🙅‍♂️" class="wp-smiley" style="height: 1em; max-height: 1em;"></li> 
     <li>Trade on your terms – no registration required</li> 
     <li>Maintain full custody – tokens stay in your wallet</li> 
     <li>Access liquidity across leading DEXs and CEXs</li> 
     <li>Bridge assets quickly between any blockchain</li> 
    </ul> 
    <p>Escape CEX limits today with <a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="Rocketxchange" href="https://captainaltcoin.com/go/rocketxchange/" data-shortcode="true">RocketXchange</a>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span> 
   </div> 
  </div> 
 </div> 
</div> 
<h2 class="wp-block-heading" id="forecasting-the-price-a-calculated-approach">Forecasting the Price: A Calculated Approach</h2> 
<p>If we were to take an average of these three previous jumps, the numbers suggest a substantial future increase. This average surge would place $KAS at approximately $0.20, a noteworthy value given the token’s current standing.</p> 
<h2 class="wp-block-heading" id="the-larger-picture-market-ranking">The Larger Picture: Market Ranking</h2> 
<p>With such a price increase, $KAS would potentially catapult into the Top 20 cryptocurrencies by market cap. Crypto ₿ULL God, the well-versed analyst, suggests that this could be a pivotal point, setting the stage for $KAS to aim for the Top 10 by 2024.</p> 
<h2 class="wp-block-heading" id="kas-on-the-cusp-of-a-breakout-tradingview-s-analyst-weighs-in">$KAS: On the Cusp of a Breakout? TradingView’s Analyst Weighs In</h2> 
<p>In another <a href="https://www.tradingview.com/chart/KASUSDT/bUaP7iNq-KAS-larger-cup-and-handle-play/" target="_blank" rel="noopener noreferrer nofollow">analysis</a> on TradingView, the possibility of a “larger cup-and-handle” pattern for the $KAS asset was discussed. For those unfamiliar with the cup-and-handle pattern, it’s a bullish continuation pattern that signifies a period of consolidation followed by a breakout.</p> 
<figure class="wp-block-image size-large"> 
 <img decoding="async" loading="lazy" width="1024" height="604" src="https://captainaltcoin.com/wp-content/uploads/2023/09/tradingview-1024x604.webp" alt="" class="wp-image-334385" srcset="https://captainaltcoin.com/wp-content/uploads/2023/09/tradingview-1024x604.webp 1024w, https://captainaltcoin.com/wp-content/uploads/2023/09/tradingview-300x177.webp 300w, https://captainaltcoin.com/wp-content/uploads/2023/09/tradingview-768x453.webp 768w, https://captainaltcoin.com/wp-content/uploads/2023/09/tradingview-1536x906.webp 1536w, https://captainaltcoin.com/wp-content/uploads/2023/09/tradingview-2048x1209.webp 2048w, https://captainaltcoin.com/wp-content/uploads/2023/09/tradingview-540x320.webp 540w, https://captainaltcoin.com/wp-content/uploads/2023/09/tradingview-254x150.webp 254w, https://captainaltcoin.com/wp-content/uploads/2023/09/tradingview-100x59.webp 100w, https://captainaltcoin.com/wp-content/uploads/2023/09/tradingview-593x350.webp 593w, https://captainaltcoin.com/wp-content/uploads/2023/09/tradingview-788x465.webp 788w, https://captainaltcoin.com/wp-content/uploads/2023/09/tradingview.webp 932w" sizes="(max-width: 1024px) 100vw, 1024px"> 
</figure> 
<p>According to the analyst, the pattern could potentially lead to a breakout around October 1, targeting a price point of approximately $0.093.&nbsp;</p> 
<p>The two analyses show short and long-term positive potential for $KAS. While this isn’t financial advice, understanding such technical patterns can offer valuable insights for traders and investors who are eyeing potential growth in the asset.</p> 
<p><em>Join us on <strong><a href="https://twitter.com/intent/follow?screen_name=captainaltcoin" data-type="link" data-id="https://twitter.com/intent/follow?screen_name=captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Twitter</a></strong> and <strong><a rel="noopener noreferrer nofollow" href="https://www.facebook.com/captainaltcoin" target="_blank">Facebook</a> </strong>for the latest insights and discussions in the world of crypto.</em></p> 
<p><em>Explore our <strong><a href="https://captainaltcoin.com/tag/news/" target="_blank" rel="noopener noreferrer nofollow">news section</a></strong> and stay ahead of the curve with our expert <strong><a href="https://captainaltcoin.com/predictions/" data-type="link" data-id="https://captainaltcoin.com/predictions/" target="_blank" rel="noopener noreferrer nofollow">price predictions</a>.</strong></em></p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/kaspa-went-from-top-50-to-top-20-assessing-kass-price-targets-post-golden-cross-event/">Kaspa Went From Top 50 to Top 20 – Assessing KAS’s Price Targets post Golden Cross Event</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Kaspa Went From Top 50 to Top 20 – Assessing KAS’s Price Targets post Golden Cross Event

Table of Contents

CaptainAltcoin

Other articles published on Sep 13, 2023

This Is Why Solve Is Surging – Binance and Solve.Care Team Up to Integrate Crypto Payments for He...

JPMorgan Chase CEO Jamie Dimon Warns of Economic Uncertainties Ahead

CoinEx Suffers Breach With Over $27M Siphoned

SIM swap scams: growing threat to crypto community

Toncoin Outlook: TON Poised for Breakout to $2?

Industry leaders encouraged Coinbase to integrate Bitcoin Lightning Network

Join our free newsletter for daily crypto updates!