Ethereum

Ghost

Kaspa

CRYPTO

Resistance

<ul class="list-ic vertical">
 <li><span>1</span> <a>The EMAs are providing a strong support for the KAS price.</a></li>
 <li><span>2</span> <a>The KAS cryptocurrency is trading at $0.1351 with a 5.23% increase in the last 24 hours (press time).</a></li>
</ul>
<p>Kaspa crypto currency is a community project that was conceived by DAGLabs, a R&amp;D company that received funding from PolyChain.</p>
<p>Kaspa is completely open source, has no central governance, and has no business model.</p>
<p>The founder is Yonatan Sompolinsky, a Postdoc CS at Harvard University on the MEV Research Team. Yonatan’s 2013 paper on Ghost protocol is referenced in the Ethereum Whitepaper.</p>
<p>Kaspa crypto’s core developers and contributors include cryptography PhD student Shai Wyborski, CS guru Michael Sutton, CS undergraduate researcher Mike Zak, cryptography researcher Elichai Turkel, and developer Ori Newman.</p>
<p>All of these have played an active role in alarming the usage and stability of the network. Kaspa crypto is unique in its ability to support high-value blockchains while maintaining the level of security provided by proof of work.</p>
<p>Kaspa crypto also has a unique monetary policy that reduces emissions geometrically over time based on the 12-note scale of music. Known as the chromatic phase – this policy started on May 7th, 2022 with a block reward of 440 KAS.&nbsp;</p>
<p>The block price is half-annual, but effective: every month the block price decreases by (1/2)^(1/12) times. This means that the rate of the reward block in consecutive months is the same as the rate of two consecutive semitones on the semitone scale.&nbsp;</p>
<p>The first reward block is the frequency of A4 paper, so the average year is called octave. The policy determines how many coins are minted per second regardless of the block rate.</p>
<p>If Kaspa changes the block rate in the future, the reward will be adjusted accordingly to maintain the same emission rate.</p>
<p>Kaspa network is secured by miners through Proof of Work and uses an algo called k-Heavyhash. Heavyhash was selected for compatibility with Photonic miners when they become available.</p>
<h2 class="wp-block-heading" id="strong-looking-into-the-kaspa-kas-chart-strong"><strong>Looking into the Kaspa (KAS) Chart</strong></h2>
<p>The Kaspa crypto is trading at $0.1351 with a 5.23% increase in the last 24 hours.&nbsp;</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img loading="lazy" decoding="async" width="1526" height="836" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-43.png" alt="Kaspa Crypto: Can KAS Price Surge More &amp; Break More Resistances?" class="wp-image-182727" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-43.png 1526w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-43-300x164.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-43-1024x561.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-43-768x421.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-43-750x411.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-43-1140x625.png 1140w" sizes="(max-width: 1526px) 100vw, 1526px">
  <figcaption class="wp-element-caption">
   Source: KAS/USD.1.D. CRYPTO TradingView
  </figcaption>
 </figure>
</div>
<p>If the buyers maintain the pressure, the KAS price could surge from the current level. The next target for the KAS price is $0.148.&nbsp;</p>
<p>However, if the Kaspa crypto price fails to stay above the $0.115 level, it could decline further.</p>
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="561" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-42-1024x561.png" alt="Kaspa Crypto: Can KAS Price Surge More &amp; Break More Resistances?" class="wp-image-182725" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-42-1024x561.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-42-300x164.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-42-768x421.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-42-750x411.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-42-1140x625.png 1140w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-42.png 1526w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Source: KAS/USD.1.D. CRYPTO TradingView
  </figcaption>
 </figure>
</div>
<p>The KAS price is higher than the 20-day and 50-day exponential moving averages.&nbsp;</p>
<p>The <a href="https://www.thecoinrepublic.com/2023/11/30/ocean-protocol-will-ocean-price-break-the-ytd-high-in-december/" target="_blank" rel="noopener noreferrer nofollow">Kaspa crypto price</a> is supported by the EMAs, which are acting as a barrier and stopping it from dropping lower This indicates that the EMAs are providing a strong support for the KAS price, as they are following the price and stopping it from falling more.&nbsp;</p>
<p>Therefore, the KAS price trend is positive and rising.</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img loading="lazy" decoding="async" width="1526" height="836" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-44.png" alt="Kaspa Crypto: Can KAS Price Surge More &amp; Break More Resistances?" class="wp-image-182728" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-44.png 1526w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-44-300x164.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-44-1024x561.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-44-768x421.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-44-750x411.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-44-1140x625.png 1140w" sizes="(max-width: 1526px) 100vw, 1526px">
  <figcaption class="wp-element-caption">
   Source: KAS/USD.1.D. CRYPTO TradingView
  </figcaption>
 </figure>
</div>
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4>
<p><strong>Support Levels</strong>: $0.115</p>
<p><strong>Resistance Levels</strong>: $0.148</p>
<h4 class="wp-block-heading"><strong>Disclaimer</strong></h4>
<p>In this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.</p>

Kaspa Crypto: Can KAS Price Surge More & Break More Resistances?

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