Kaspa

Satoshi

Coin

Gains

<p>Prominent crypto analysts are expressing bullish sentiments for Kaspa (KAS), a decentralized and scalable blockchain platform. In a series of posts on X, experts weighed in on the coin’s recent price action and projected substantial upside in the coming weeks and months.</p>
<p>According to analyst<a href="https://x.com/Cryptographur/status/1794448059784397290?s=19" target="_blank" rel="noopener noreferrer nofollow"> Jim S𐤊i ₿um, who goes by @Cryptographur</a> on X, KAS appears to be holding the crucial 20-week simple moving average (SMA). He views this as a positive signal, increasing his <em>“confidence of continued upward momentum” </em>in the near term.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="545" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-810-1024x545.png" alt="" class="wp-image-497030" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-810-1024x545.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-810-300x160.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-810-767x408.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-810-1536x817.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-810-2048x1090.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-810-282x150.png 282w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-810-100x53.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-810-658x350.png 658w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-810-788x419.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-810.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>Emphasizing the significance of the recent price consolidation, Jim stated:</p>
<p><em>“The next move could be a big one, considering how shallow and long this past accumulation phase was.”</em></p>
<p>He invited fellow analysts to share their price predictions for KAS’s upcoming leg up and potential cycle peak.</p>
<h2 class="wp-block-heading" id="breakout-targets-suggest-substantial-gains">Breakout Targets Suggest Substantial Gains</h2>
<p>Analyst Crypto_X100_Hunter (@Defaultplayer13) provided a detailed technical analysis of KAS’s weekly chart. They noted a recent breakout from a triangle pattern, with the coin currently trading around $0.133.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="577" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-811-1024x577.png" alt="" class="wp-image-497038" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-811-1024x577.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-811-300x169.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-811-767x432.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-811-1536x865.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-811-2048x1154.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-811-266x150.png 266w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-811-100x56.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-811-621x350.png 621w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-811-788x443.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-811.png 900w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p><strong>Short-Term Target: $0.24 – $0.28</strong></p>
<p>For the immediate move, Crypto_X100_Hunter set a target range of $0.24 to $0.28, representing a potential upside of approximately 80% to 110% from the current price levels.</p>
<p><strong>Long-Term Target: $1.00 – $3.60</strong></p>
<p>Looking further ahead, the analyst outlined an ambitious yet<em> “conservative” </em>long-term target of $1.00 to $3.60 for KAS. This projection accounts for factors such as increased integration, hype, and potential fear of missing out (FOMO) among investors.</p>
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<p><strong><em>Read Also: <a href="https://captainaltcoin.com/ripple-analyst-confident-about-xrp-price-hitting-1000-per-token-explains-how-crypto-works/" target="_blank" rel="noopener noreferrer nofollow">Ripple Analyst Confident About XRP Price Hitting $1,000 per Token, Explains How Crypto Works</a></em></strong></p>
<h2 class="wp-block-heading" id="market-sentiment-fueling-optimism">Market Sentiment Fueling Optimism</h2>
<p>The bullish outlooks from these seasoned analysts come amid a broader resurgence in market sentiment for cryptocurrencies. As mainstream adoption continues to grow and regulatory clarity emerges, many investors are seeking out promising projects with robust fundamentals and innovative technologies.</p>
<p>Kaspa’s scalable and decentralized blockchain architecture, coupled with its recent price action, appears to have captured the attention of the analyst community.</p>
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<p>The post <a href="https://captainaltcoin.com/top-kaspa-analysts-agree-kass-next-move-will-be-a-big-one-following-breakout-heres-the-price-target/" rel="noopener noreferrer nofollow">Top Kaspa Analysts Agree: KAS’s Next Move Will Be a ‘Big One’ Following Breakout—Here’s the Price Target</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Top Kaspa Analysts Agree: KAS’s Next Move Will Be a ‘Big One’ Following Breakout—Here’s the Price Target

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