Kaspa

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<p>Crypto analyst Mikro <a href="https://twitter.com/mikroweller/status/1729802287470559456" target="_blank" rel="noopener noreferrer nofollow">observes</a> Kaspa (KAS) coiling up for its next strategic move. Following an intense rally, Kaspa found support within Mikro’s identified zone, prompting a rebound.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="678" src="https://captainaltcoin.com/wp-content/uploads/2023/11/image-820-1024x678.png" alt="" class="wp-image-388065" srcset="https://captainaltcoin.com/wp-content/uploads/2023/11/image-820-1024x678.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-820-300x199.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-820-768x508.png 768w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-820-1536x1016.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-820-2048x1355.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-820-227x150.png 227w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-820-100x66.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-820-529x350.png 529w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-820-788x521.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-820.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>Mikro notes the resilience of Kaspa as it hit the support area outlined by the analyst, marking a crucial point where the cryptocurrency initiated a bounce-back. This support zone becomes a pivotal factor in shaping the token’s trajectory.</p>
<h3 class="wp-block-heading" id="symmetrical-triangle-emerges">Symmetrical Triangle Emerges</h3>
<p>A noteworthy development in the Kaspa chart is the formation of a symmetrical triangle. This technical pattern, often indicative of market indecision, has the potential to act as a launching pad for the next significant move.</p>
<p>Mikro tantalizingly hints at the prospect of Kaspa making a substantial move, projecting a potential surge towards $0.2 if the symmetrical triangle breaks out to the upside. This breakout scenario presents an intriguing opportunity for traders and investors monitoring Kaspa’s price action.</p>
<p>Read also:</p>
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<p>In summary, Mikro’s analysis offers a snapshot of Kaspa’s current chart dynamics, emphasizing the significance of the support bounce and the emergence of a symmetrical triangle—a precursor to a potential substantial move, setting the stage for the crypto’s next chapter.</p>
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<p>The post <a href="https://captainaltcoin.com/kaspa-forms-symmetrical-triangle-pattern-with-potential-surge-to-this-price-analyst/" rel="noopener noreferrer nofollow">Kaspa (KAS) Forms Symmetrical Triangle Pattern with Potential Surge to This Price: Analyst</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Kaspa (KAS) Forms Symmetrical Triangle Pattern with Potential Surge to This Price: Analyst

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