Token

Cryptocurrency

Kaspa

<ul>
 <li>In February, #<a href="https://www.coingabbar.com/en/crypto-currency/kaspa-kas-prices-usd" title="Kaspa" class="f-link" style="" rel="noopener noreferrer nofollow">Kaspa</a> reached a high of $0.189744 before undergoing a correction, resulting in a 46% decline.</li>
 <li>Following the correction, $KAS established a support level around $0.10000 and appears poised for an upward movement.</li>
 <li>On the daily chart, $KAS broke out of a descending wedge pattern and is currently exhibiting steady growth.</li>
 <li>After a bearish phase in April, with a low of $0.101223, bullish momentum returned, leading to a 42% increase over the following days.</li>
 <li>Subsequently, KAS briefly approached its all-time high around $0.189744.</li>
 <li>The 50-day and 200-day Exponential Moving Average (EMA) crossover on the daily chart indicates a bullish trend, suggesting positive sentiment for KAS in the near term.</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>, Maintaining support above $0.16000 could further strengthen bullish momentum, potentially pushing the price to test the resistance at $0.20000.</li>
 <li>Conversely, if bears dominate, the price may lose momentum and test support at $0.15000.</li>
</ul>
KEY LEVELS :
RESISTANCE LEVEL : $0.190000-$0.250000
SUPPORT LEVEL : $0.100000-$0.055000
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: Is KAS Token Following GME Footsteps

Coingabbar

Other articles published on Jun 4, 2024

Bitcoin Could Surge 230% Against Gold, Peter Brandt Says

Breaking: Thailand SEC Approves First Spot Bitcoin ETF

Aptos Gears Up for Token Unlock, Fueling Growth and Community Engagement

Wisconsin Pension Fund Purchased $160M Bitcoin ETFs

Cryptocurrency Immutable's Price Increased More Than 4% Within 24 hours

Dapper Labs Settlement Affirms NBA NFTs Are Not Securities

Join our free newsletter for daily crypto updates!