Shiba

Kaspa

when

Giant

Shiba Inu

<p>Decentralized blockchain project Kaspa has maintained a key area of support as the cryptocurrency pauses following an explosive surge in 2023. According to analyses by various experts, the ongoing consolidation provides opportunities for long-term investors.</p> 
<p>Trader <strong>Teshkid</strong> <a href="https://twitter.com/MtukufuMtukutu/status/1754050265357935078" target="_blank" rel="noreferrer noopener nofollow">notes</a> how KAS appears to be finding bids above critical support held near $0.10:</p> 
<p><em>“Kaspa is slightly holding above support at $0.1 after a breakdown move. On loosing this support watch for a breakdown move $0.08040 as the next target area. On holding $0.10 expect a bounce to $0.115 as the next target.”</em></p> 
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<p>Likewise, fellow analyst <strong>Nonfungible</strong> <a href="https://twitter.com/nonfungiblecryp/status/1754101465323376772" target="_blank" rel="noreferrer noopener nofollow">believes</a> patience will be rewarded for KAS holders awaiting the next high-timeframe breakout. He also mentioned that a breakout might come by mid- or end-February.</p>  
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<p>Elsewhere, trader <strong>CryptoOG</strong> <a href="https://twitter.com/realhus2/status/1754172493768630419" target="_blank" rel="noreferrer noopener nofollow">reflects</a> on Kaspa’s meteoric growth year-to-year that delivered 1590+% returns for investors. And with a $10,000 position, further room exists for substantial upside this cycle, according to CryptoOG’s estimates. Additionally, he mentioned that $3–$5 is very doable for Kaspa with bullish catalysts. He also shared a chart explaining the value when the KAS price goes higher.</p> 
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 <img loading="lazy" decoding="async" width="1024" height="424" src="https://captainaltcoin.com/wp-content/uploads/2024/02/image-164-1024x424.png" alt="" class="wp-image-432559" srcset="https://captainaltcoin.com/wp-content/uploads/2024/02/image-164-1024x424.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-164-300x124.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-164-766x317.png 766w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-164-1536x636.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-164-2048x848.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-164-362x150.png 362w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-164-100x41.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-164-846x350.png 846w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-164-788x326.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-164.png 679w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>In summary, although Kaspa faces near-term consolidation and potential volatility risk, its parabolic upside, constructive long-term technical posture, and growing ecosystem adoption continue to attract optimistic projections.</p> 
<p>The recent pullback represents a healthy mean reversion before the next sustainable impulsive wave, according to many analysts and holders. As long as KAS avoids a decisive breakdown below $0.10, its outlook remains net positive, with upside targets revised substantially highe. Patience and risk control remain prudent virtues during this period of rangebound consolidation coming off a historic move.</p> 
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<p>The post <a href="https://captainaltcoin.com/kaspa-holds-above-key-0-1-support-after-breakdown-move-analyst-shares-when-kas-will-breakout/">Kaspa Holds Above Key $0.1 Support After Breakdown Move, Analyst Shares When KAS Will Breakout</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Kaspa Holds Above Key $0.1 Support After Breakdown Move, Analyst Shares When KAS Will Breakout

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