Kaspa

Spike

<p>YouTuber Zach Rector, with more than 78,000 subscribers on YouTube, made a price analysis of Kaspa using some price indicators like Fibonacci Extensions, Bollinger Bands, and market sentiment. Let’s look at his analysis in detail.</p>
<p>Kaspa has grown to become one of the top coins in the crypto market. The coin is currently ranked number 25 in market cap with more than $4 billion.&nbsp;</p>
<p>The analyst sees a possibility of a 10x to 50x increase, which would take Kaspa to $40 to $60. This could also make KAS one of the top 10 cryptocurrencies.</p>
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<p><strong><em>Read Also: <a href="https://captainaltcoin.com/ethena-wakes-up-following-eth-etfs-heres-where-the-ena-price-is-headed-next/" target="_blank" rel="noopener noreferrer nofollow">Ethena “Wakes Up” Following ETH ETFs – Here’s Where the ENA Price is Headed Next</a></em></strong></p>
<h2 class="wp-block-heading" id="fibonacci-extension-and-bollinger-bands-analysis">Fibonacci Extension and Bollinger Bands Analysis</h2>
<p>The analysis begins with Fibonacci (FIB) extensions to estimate potential price targets. The first major move of the bull run to the first major sell-off. Holding the 0.5 Fibonacci level is seen as a strong bullish sign.&nbsp;</p>
<p><a href="https://coinmarketcap.com/currencies/kaspa/" target="_blank" rel="noopener noreferrer nofollow">Kaspa price </a>has also broken above the 161.8% Fibonacci extension level and made it a support. KAS Price is expected to spike to 261.8% Fibonacci Level, around $0.34. This will also be a 2x price increase from the current price of $0.17.</p>
<p>Rising to the 361.8% Fibonacci Level will be over an 8x price increase, and the 423.6% Fibonacci Level will be a 15x price increase, which will take the price to $2.75 and also be a market cap of around $60 billion.</p>
<p>Current price action is above all moving averages, with Bollinger Bands showing a tight squeeze, indicating potential for a significant move.</p>
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<h2 class="wp-block-heading" id="comparative-strength-and-altcoin-season">Comparative Strength and Altcoin Season</h2>
<p>Kaspa is classified as one of the strongest coins, placed on the “blue list,” the best ranking in the presenter’s system.</p>
<p>Currently, it is Bitcoin season, with Bitcoin dominance still strong. A true altcoin season, where altcoins outperform Bitcoin significantly, has not yet begun.</p>
<p>KAS shows strong technical signs of future growth. The price predictions suggest a substantial potential upside if market conditions remain favorable.</p>
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<p>The post <a href="https://captainaltcoin.com/kaspa-price-prediction-how-high-can-kas-spike-this-crypto-cycle/" rel="noopener noreferrer nofollow">Kaspa Price Prediction: How High Can KAS Spike This Crypto Cycle?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Kaspa Price Prediction: How High Can KAS Spike This Crypto Cycle?

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