Kaspa

2024

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<p>Kaspa is experiencing major accumulation between $0.156 and $0.175. According to King Crypto, a similar accumulation occurred between $0.11 and $0.13. Following this, <a href="https://captainaltcoin.com/kaspa-price-prediction-heres-why-kas-is-booming/" target="_blank" rel="noopener noreferrer nofollow">the price spiked</a> by around 78%.</p>
<p>The post by King Crypto suggests that we could see the same spike in Kaspa in the coming days unless something drastically bearish happens to affect the price.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24KAS&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$KAS</a> / <a href="https://twitter.com/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$USDT</a> – 1 Day<br><br>Pay close attention to the <a href="https://twitter.com/KaspaCurrency?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@kaspacurrency</a> chart, a serious accumulation is ongoing between $0.156 – $0.175.<br><br>Las time a similar accumulation occurred between $0.11 and $0.13, <a href="https://twitter.com/search?q=%24KAS&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$KAS</a> did a 78% pump afterwards.<br><br>Not sure when we'll break out of this accumulation… <a href="https://t.co/lq0CUCSzXp" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/lq0CUCSzXp</a></p>— King Crypto (@__kingcrypto__) <a href="https://twitter.com/__kingcrypto__/status/1829114062237774301?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 29, 2024</a>
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<h2 class="wp-block-heading" id="ongoing-trendline-support-suggests-a-possible-decline">Ongoing Trendline Support Suggests a Possible Decline</h2>
<p>From a broader perspective, <a href="https://www.coingecko.com/en/coins/kaspa" target="_blank" rel="noopener noreferrer nofollow">the price of Kaspa</a> has been bouncing off a trendline support since mid-2023, and this support has served as the base for price bounces.</p>
<p>The bulls have consistently gotten liquidity from that point; therefore, KAS price may need to dip to that level first before a maor price bounce.</p>
<p>With this, we may see the price retrace back to this support if it breaks below the accumulation support around $0.15.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/can-xrp-price-really-reach-27-ripple-analyst-reveals-path/" target="_blank" rel="noopener noreferrer nofollow">Can XRP Price Really Reach $27? Ripple Analyst Reveals Path</a></em></strong></p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="484" src="https://captainaltcoin.com/wp-content/uploads/2024/08/image-933-1024x484.png" alt="" class="wp-image-549881" srcset="https://captainaltcoin.com/wp-content/uploads/2024/08/image-933-1024x484.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/08/image-933-300x142.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/08/image-933-768x363.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/08/image-933-1536x726.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/08/image-933-2048x968.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/08/image-933-317x150.png 317w, https://captainaltcoin.com/wp-content/uploads/2024/08/image-933-100x47.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/08/image-933-740x350.png 740w, https://captainaltcoin.com/wp-content/uploads/2024/08/image-933-788x372.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/08/image-933.png 1963w" sizes="(max-width: 1024px) 100vw, 1024px">
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<h2 class="wp-block-heading" id="indicators-show-mixed-signals">Indicators Show Mixed Signals</h2>
<p>The 50-day SMA (yellow wavy line) is currently bearish, serving as resistance against further price growth at around the $0.172 level.</p>
<p>But from a long-term perspective, the 200-day SMA (blue line) could potentially serve as support for a price bounce since it is still below the current price.</p>
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<p>The <a href="https://goodcrypto.app/relative-strength-index-rsi-indicator-for-crypto-trading-an-ultimate-guide-by-good-crypto/" target="_blank" rel="noopener noreferrer nofollow">Relative Strength Index (RSI)</a> is at 48, which is around the neutral position. This also shows that the price can move in either direction before it becomes overbought or oversold, depending on where it moves.</p>
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<p>The post <a href="https://captainaltcoin.com/metric-that-triggered-80-kaspa-price-surge-reemerges-but-kas-could-dip-first/" rel="noopener noreferrer nofollow">Metric That Triggered 80% Kaspa Price Surge Reemerges, But KAS Could Dip First</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Metric That Triggered 80% Kaspa Price Surge Reemerges, But KAS Could Dip First

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