Kaspa

bullish

would

Higher

<p>Popular crypto analyst that goes by the name ‘CryptoBusy’ tweeted an updated Kaspa chart to his 200k followers on X.</p>
<p>He noted a ‘double bottom’ pattern on the KAS chart, so let’s find out the details. The Kaspa price is trading around $0.075 after losing 2.5% today.</p>
<h2 class="wp-block-heading" id="breaking-down-the-double-bottom-pattern">Breaking Down the Double Bottom Pattern</h2>
<p>CryptoBusy’s tweet highlights a potential trend reversal for Kaspa. The chart shows a double bottom pattern on the daily timeframe using <a href="https://www.investopedia.com/trading/heikin-ashi-better-candlestick/" target="_blank" rel="noopener noreferrer nofollow">Heikin Ashi candlesticks</a>, which help smooth out price action and make trends easier to spot.</p>
<p>The double bottom pattern has formed with two clear price dips at nearly the same level. This is often a sign that a downtrend might be ending. What makes this more exciting is that KAS has also broken through a descending trendline that had been pushing prices down since November 2024.</p>
<p>The chart shows a horizontal resistance zone around $0.078-$0.08. This acts as the “neckline” of the double bottom. KAS is trading just above this level now, at around $0.07813, which suggests we might be seeing the start of a breakout.</p>
<figure class="wp-block-image aligncenter size-large"><img loading="lazy" width="1024" height="578" src="https://captainaltcoin.com/wp-content/uploads/2025/04/image-400-1024x578.png" alt="">
 <figcaption><strong>Source: X/<a href="https://x.com/CryptoBusy/status/1912130034313068692" target="_blank" rel="noopener noreferrer nofollow">@CryptoBusy</a></strong>
 </figcaption>
</figure>
<p>Recent candles show strong green momentum right after breaking the trendline. This is a good sign for bulls, though we can’t see the volume on this chart. Higher trading volume would make this signal more reliable.</p>
<p>If<a href="https://captainaltcoin.com/kaspa-kas-could-be-ready-to-rally-one-last-bullish-signal-needed/" target="_blank" rel="noopener noreferrer nofollow"> you’re watching KAS</a>, keep an eye on these important price levels:</p>
<p>The immediate support sits between $0.066-$0.068, which is the area between the two bottoms. A stronger support level exists at $0.05, which has been a solid base during recent price consolidation.</p>
<p>For this bullish setup to be confirmed, KAS needs to stay above the $0.078-$0.08 neckline. If it drops back below, it might retest the previous resistance as support.</p>
<h2 class="wp-block-heading" id="kaspa-price-prediction">Kaspa Price Prediction</h2>
<p>There are three possible scenarios for KAS price in the coming weeks:</p>
<p>In the most realistic case, if the breakout holds but moves gradually, KAS could reach $0.095-$0.10. This lines up with a key psychological level and resistance from early February. This would be about a 22-28% gain from the current price.</p>
<p>In a more bullish scenario with increasing volume and positive market sentiment, KAS could push to $0.11-$0.125. This area was a consolidation zone in January and would likely attract sellers again. A move to $0.12 would represent a 53% increase from current prices.</p>
<p>If this turns out to be a fake breakout and price falls below $0.074 again, KAS might drop back to $0.066-$0.068 to retest the double bottom support. If that fails too, it could fall back to $0.05, which has been a strong demand level historically.</p>
<p><strong><em>Read also: <a href="https://captainaltcoin.com/how-high-does-kaspa-kas-need-to-go-to-turn-10-15k-investment-into-1-million/" target="_blank" rel="noopener noreferrer nofollow">How High Does Kaspa (KAS) Need to Go to Turn $10-15K Investment Into $1 Million?</a></em></strong></p>
<h2 class="wp-block-heading" id="what-to-watch-for">What to Watch For</h2>
<p>For traders following this setup, look for these key signals:</p>
<ol>
 <li>A sustained close above $0.078-$0.08 on multiple daily candles would confirm the breakout.</li>
 <li>A retest of the breakout zone could provide an entry opportunity if the price bounces from there.</li>
 <li>A volume spike would make the breakout more reliable.</li>
 <li>If the bullish pattern plays out, watch for resistance at $0.10, $0.12-$0.14, and eventually $0.16-$0.20.</li>
</ol>
<p>The technical picture for KAS looks promising, but remember that crypto prices don’t move in isolation. The broader market conditions and Bitcoin’s performance will also influence <a href="https://captainaltcoin.com/kaspas-comeback-the-truth-behind-the-hype-the-crash-and-whats-next/" target="_blank" rel="noopener noreferrer nofollow">where Kaspa goes from here</a>.</p>
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<p>The post <a href="https://captainaltcoin.com/kas-price-on-the-move-is-this-kaspas-most-bullish-setup-in-months/" rel="noopener noreferrer nofollow">KAS Price on the Move – Is This Kaspa’s Most Bullish Setup in Months?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

KAS Price on the Move – Is This Kaspa’s Most Bullish Setup in Months?

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