Kaspa

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<p>A video uploaded on YouTube by CRYPTO BLOCKS discussed signs that show <a href="https://coinmarketcap.com/currencies/kaspa/" target="_blank" rel="noopener noreferrer nofollow">Kaspa’s price</a> could be about to explode. The speaker acknowledges the recent market downturn and describes it as depressing. Despite the drawdown, the speaker shares optimistic views about the market’s potential rebound.</p>
<p>The crypto analyst examines the weekly chart of Total Two, noting the market’s structure from 2017 and comparing it to the current structure. They highlight a similarity in the candle patterns, suggesting a potential upward trend if the current structure mimics the past.</p>
<p>A similar analysis is conducted on Total Three (excluding Bitcoin and Ethereum), showing how current patterns align with past bullish trends. An ABC structure appears to be completing, indicating a possible upward movement.</p>
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<h2 class="wp-block-heading" id="strong-bitcoin-and-general-market-sentiment-strong"><strong>Bitcoin and General Market Sentiment</strong></h2>
<p><strong>Crypto Blocks </strong>emphasizes the importance of Bitcoin breaking resistance levels to signal a broader market uptrend.</p>
<p>They mention bullish divergence on the daily RSI for Bitcoin, suggesting potential upward movement.</p>
<p>The video touches on gold as a risk-off asset, noting its current price levels and implications for the broader market. The speaker also references the Russell 2000 index, explaining its role in indicating overall market health.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/xrp-price-pumps-as-sec-announces-secret-meeting-is-it-about-ripple/" target="_blank" rel="noopener noreferrer nofollow">XRP Price Pumps as SEC Announces Secret Meeting – Is It About Ripple?</a></em></strong></p>
<h2 class="wp-block-heading" id="strong-kaspa-price-explosion-strong"><strong>Kaspa Price Explosion</strong></h2>
<p>Kaspa ranks number 23 with $48 million in daily volume and a market cap just over $4 billion.</p>
<p>Despite being down 1.4% for the day, the speaker expects this to change due to market conditions.</p>
<p>The speaker discusses Kaspa’s price pattern, noting a significant bottom touch four times and the upper area twice, suggesting a solid support level.</p>
<p>Various timeframes (12-hour, 8-hour, 4-hour, daily, 3-day, 5-day) show different RSI conditions, with some indicating bullish signs.</p>
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 <div class="wp-block-embed__wrapper"><iframe loading="lazy" title="KASPA KAS   SIGNS THIS MARKET IS ABOUT TO EXPLODE !!!!" width="840" height="473" src="https://www.youtube.com/embed/m2Y4Qm6F8J0?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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 <figcaption class="wp-element-caption"><em>KASPA KAS SIGNS THIS MARKET IS ABOUT TO EXPLODE !!!!</em>
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<p>The speaker provides a detailed technical analysis, highlighting potential pullback levels and future price targets. They mention a possible ABC pattern forming, with a target of around $0.185 in the short term.</p>
<p>If the broader market (especially Bitcoin) breaks out, Kaspa could potentially reach and surpass $1 during this bull run.</p>
<p>The crypto analyst expresses a strong belief in a market rebound and encourages viewers to stay optimistic. They reiterate their expectation of a significant market movement, especially for Kaspa, driven by broader market trends and technical indicators.</p>
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<p>The post <a href="https://captainaltcoin.com/youtuber-predicts-kaspa-kas-price-is-about-to-explode-heres-how/" rel="noopener noreferrer nofollow">YouTuber Predicts Kaspa (KAS) Price is About to ‘Explode’ – Here’s How</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

YouTuber Predicts Kaspa (KAS) Price is About to ‘Explode’ – Here’s How

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CaptainAltcoin

Andre artikler udgivet 13. jul. 2024

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