Long

Kaspa

Cryptocurrency

<ul>
 <li>#Over the past six days, #<a href="https://www.coingabbar.com/en/crypto-currency/kaspa-kas-prices-usd" title="Kaspa price" class="f-link" rel="noopener noreferrer nofollow">Kaspa's&nbsp;Price</a>&nbsp;has exhibited a consistent upward trajectory, marked by an impressive 18.50% surge.</li>
 <li>The daily chart reveals a clear fluctuation pattern within a downward-sloping parallel channel, showing significant movement between its upper and lower bounds.</li>
 <li>However, yesterday, $KAS breached the channel momentarily but failed to sustain the momentum, resulting in a significant fall and the formation of a Long Doji candle.</li>
 <li>Technically, $KAS price has found support at the 50 and 200-day Exponential Moving Averages (EMA), suggesting a favorable outlook for future trends.</li>
 <li>Presently, the price encounters resistance around the 100-day EMA, posing challenges to surpass it.</li>
 <li>A potential breakout from the channel could propel a increase in the Kaspa price, potentially reaching $0.20.</li>
 <li>As per<a href="https://www.coingabbar.com/en/price-prediction" title="Coingabbar analysis" class="f-link" rel="noopener noreferrer nofollow"> Coingabbar analysis</a>, Conversely, if the price fails to breach the channel, it's likely to remain within the consolidation range, possibly revisiting support levels in the short term.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $0.15000000-$0.20000000&nbsp;
SUPPORT LEVEL : $0.10000000-$0.07500000
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

Kaspa Price Prediction: Will the KAS Flame Reach $0.2 Soon?

Coingabbar

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