Kaspa

<p><strong><em>Kaspa (KAS) Price Outlook: What’s Next After Recent Decline?</em></strong></p>
<p>Kaspa (KAS) has seen its price decline around 5% over the past week, with the token currently trading around $0.045. This drop has led traders and investors to ponder what’s next for the cryptocurrency in the near-term.</p>
<p>Despite the recent pullback, Kaspa bulls appear to be maintaining a positive sentiment. The token price has bounced nicely off support levels, retesting resistance around $0.05. This is an impressive move given the overall weakness in crypto markets amidst macroeconomic headwinds.</p>
<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="699" src="https://captainaltcoin.com/wp-content/uploads/2023/10/Copy-of-P2P-Review-27-7-1024x699.png" alt="" class="wp-image-356765" srcset="https://captainaltcoin.com/wp-content/uploads/2023/10/Copy-of-P2P-Review-27-7-1024x699.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/10/Copy-of-P2P-Review-27-7-300x205.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/10/Copy-of-P2P-Review-27-7.png 768w, https://captainaltcoin.com/wp-content/uploads/2023/10/Copy-of-P2P-Review-27-7-1536x1048.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/10/Copy-of-P2P-Review-27-7-2048x1397.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/10/Copy-of-P2P-Review-27-7-220x150.png 220w, https://captainaltcoin.com/wp-content/uploads/2023/10/Copy-of-P2P-Review-27-7-100x68.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/10/Copy-of-P2P-Review-27-7-513x350.png 513w, https://captainaltcoin.com/wp-content/uploads/2023/10/Copy-of-P2P-Review-27-7-788x537.png 788w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p><em><strong>Source: <a class="thirstylink" rel="noopener noreferrer nofollow" target="_blank" title="CoinStats" href="https://captainaltcoin.com/go/coinstats-3/" data-shortcode="true">CoinStats – Start using it today</a></strong></em></p>
<p>Breaking above the 20-day moving average, which sits just above $0.05, would be a bullish technical sign for KAS. It would indicate strong buying interest and open the door for further upside. Volume remains relatively low at the moment compared to previous trading activity. However, some analysts believe this could change soon.</p>
<p>As one Kaspa bull on Twitter <a href="https://x.com/KASPAEnthusiast/status/1713789834546864351?s=20" target="_blank" rel="noopener noreferrer nofollow">noted</a>, <em>“KAS is exceptional and will be the best performing cryptocurrency in the bull run as it already is in the bear market. Volume is currently very low despite the approx 5% increase. There will be more to come…”</em></p>
<p>The analyst believes Kaspa’s strong technology and use cases position it well to see significant gains during the next full-blown crypto market rally. With volume potentially poised to accelerate, the coming weeks and months could see major upside for KAS if bullish momentum returns to the overall cryptocurrency market.</p>
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<p>The post <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/kaspa-price-decline-presents-buying-opportunity-there-will-be-more-to-come-according-to-kas-analyst/">Kaspa Price Decline Presents Buying Opportunity – ‘There Will Be More To Come’ According to KAS Analyst</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Kaspa Price Decline Presents Buying Opportunity – ‘There Will Be More To Come’ According to KAS Analyst

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