Kaspa

Satoshi

mirror

Time

Coin

<p>Kaspa (KAS) is poised for a massive&nbsp;price surge, according to<a href="https://twitter.com/ParabolicPump/status/1790849484441653321" target="_blank" rel="noopener noreferrer nofollow"> top cryptocurrency analyst ParabolicPump</a>. He highlights that the current chart patterns for KAS mirror those observed before previous uptrends, suggesting a substantial bullish movement is imminent.</p>
<h2 class="wp-block-heading" id="strong-analyzing-the-weekly-chart-patterns-strong"><strong>Analyzing the Weekly Chart Patterns</strong></h2>
<p>ParabolicPump emphasizes the importance of examining KAS’s weekly chart to identify bullish signals. Historically, KAS found its bottom when the Relative Strength Index (RSI) was between 50-58. Following this, the cryptocurrency consistently experienced upward momentum.</p>
<p>Every notable uptrend for KAS also involved a breakout from a diagonal line, confirming the bullish movement. Furthermore, each uptrend was accompanied by a bullish engulfing candle on the weekly timeframe, occurring either just before or after the diagonal line breakout.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="661" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-442-1024x661.png" alt="" class="wp-image-491519" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-442-1024x661.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-442-300x194.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-442-766x495.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-442-1536x992.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-442-2048x1323.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-442-232x150.png 232w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-442-100x65.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-442-542x350.png 542w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-442-788x508.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-442.png 1183w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<h2 class="wp-block-heading" id="strong-current-bullish-setup-strong"><strong>Current Bullish Setup</strong></h2>
<p>Currently, KAS displays the same bullish setup. The RSI is at the most oversold levels ever seen on the weekly chart, indicating a potential for price movement. According to the analyst, many investors may miss out on this opportunity and FOMO into KAS at higher prices. He asserts that the bottom likely settled at $0.10, making it an ideal time for accumulation now.</p>
<p>ParabolicPump has previously identified KAS bottoms and remains confident in his current prediction. He suggests that KAS could see a 10-20x price increase, and potentially even more, from its current levels. The prolonged sideways movement in recent months further supports the likelihood of an upcoming rally.</p>
<p>Additionally, breaking above the white diagonal trendline would provide further confirmation that the bottom is in place. This breakout would likely lead to substantial rewards for KAS holders in the coming months.</p>
<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">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="noopener noreferrer nofollow">ongoing low presale price</a></strong> to get in early!</p>
    <p><em>Sponsored</em></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>
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/kaspa-kas-and-these-3-altcoins-have-kept-traders-hopeful-while-the-crypto-market-is-down/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Kaspa (KAS) And These 3 Altcoins Have Kept Traders ‘Hopeful’ While the Crypto Market is Down</em></strong></a></p>
<h2 class="wp-block-heading" id="strong-market-sentiment-and-expert-opinions-strong"><strong>Market Sentiment and Expert Opinions</strong></h2>
<p>Despite some investors expressing doubts due to KAS’s recent stagnation, ParabolicPump urges them to remain patient. He stresses that the perfect bullish setup is in place, and selling now would be a costly mistake. The only prudent strategies at this point are to buy or hold KAS.</p>
<p><a href="https://captainaltcoin.com/can-kaspa-kas-realistically-reach-a-100-billion-market-capitalization-valuation/" target="_blank" rel="noopener noreferrer nofollow">As previously reported by Captain Altcoin</a>, another cryptocurrency analyst, Chris from Crypto Chrys YouTube channel, believes that KAS has the potential to reach a $100 billion market capitalization. This would place it among the most valuable cryptocurrencies, further validating ParabolicPump’s bullish outlook.</p>
<p>Hence, the current chart patterns for KAS strongly resemble those seen before previous uptrends. Historical bullish signals and expert predictions align, advising KAS holders to prepare for a potentially lucrative period. Time is running out to accumulate KAS at these low levels, and the next parabolic pump appears to be just around the corner.</p>
<p><em><strong>Hunting for a small cap coin that could explode 10x? We’ve unveiled a few last week alone.<br>Get all our future calls by joining our&nbsp;<a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram community.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/kaspa-price-action-mirrors-past-bullish-cycles-expert-predicts-imminent-10-20x-kas-surge-heres-his-outlook/" rel="noopener noreferrer nofollow">Kaspa Price Action Mirrors Past Bullish Cycles: Expert Predicts Imminent 10-20X KAS Surge – Here’s His Outlook</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Kaspa Price Action Mirrors Past Bullish Cycles: Expert Predicts Imminent 10-20X KAS Surge – Here’s His Outlook

Table of Contents

CaptainAltcoin

Other articles published on May 16, 2024

Bitcoin’s $66K Surge Might Send Altcoins Soaring As Market Confidence Rises: Here’s What To Expect

Rugpull alert! Fake NOT token price drops 100%

Eclipse Founder Neel Somani Steps Down as CEO Amid Sexual Misconduct Claims

Pyth Data Association Launches Pyth Ecosystem Grants Program with 50M PYTH Grants

Jack Dorsey’s TBD partners with Chipper Cash in Africa

Ex-Alameda Research co-CEO calls for ‘fair’ sentencing of Ryan Salame

Join our free newsletter for daily crypto updates!