Kaspa

Date:&nbsp;Mon, Sept 08, 2025 | 05:20 AM GMT
The cryptocurrency market is showing notable strength, with Ethereum (ETH) holding resilience around the $4,300 mark after retreating from its recent peak of $4,953. Following this stability, several major <a href="https://coinsprobe.com/is-ai16z-poised-for-a-breakout-key-pattern-formation-suggests-so/" rel="noopener noreferrer nofollow">altcoins</a> are beginning to show signs of upside potential — including Kaspa (KAS).
KAS is back in the green today, and more importantly, its latest chart structure suggests that more upside could be on the horizon.
<img src="https://academy-public.coinmarketcap.com/optimized-uploads/338004f957b646a1afe4aedf9066f2f1.png">Source: Coinmarketcap
<h3 id="harmonic-pattern-hints-at-potential-upside">Harmonic Pattern Hints at Potential Upside</h3>
On the daily chart, KAS is forming a Bearish Butterfly harmonic pattern. Despite its name, this setup often delivers a bullish continuation during the CD leg, especially when price action heads into the Potential Reversal Zone (PRZ).
The structure started at point X ($0.1315), dipped to A, rallied to B, and then retraced to C near $0.0728. From there, KAS has started recovering, now trading around $0.0812, though it remains in the early stages of confirming a bullish leg higher.
<img src="https://academy-public.coinmarketcap.com/optimized-uploads/89fc0b81d81042d1b7f3ab50bb8dfa8b.png">Kaspa (KAS) Daily Chart/Coinsprobe (Source: Tradingview)
A key factor to watch is the 200-day moving average ($0.0860), which currently acts as resistance. A decisive breakout and close above this level could flip it into support, further boosting bullish sentiment.
<h3 id="what-s-next-for-kas">What’s Next for KAS?</h3>
If bulls manage to defend the C-point support at $0.0728 and sustain momentum, KAS could rally toward the PRZ between $0.1508 (1.272 Fibonacci extension) and $0.1755 (1.618 extension). These levels align with the Butterfly completion zone and serve as key upside targets in the short term.
However, confirmation is key — until KAS reclaims its 200-day MA, the possibility of further consolidation cannot be ruled out.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
Also Read: <a href="https://coinsprobe.com/is-dogwifhat-wif-poised-for-a-breakout-key-pattern-formation-suggests-so/" rel="noopener noreferrer nofollow">Is Dogwifhat (WIF) Poised for a Breakout? Key Pattern Formation Suggests So!</a>

Kaspa (KAS) To Rise Ahead? Key Harmonic Pattern Hints at Potential Upside Move

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