Kaspa

Resistance

Read

Shiba Inu

Threshold

<p>Kaspa (KAS), a scalable peer-to-peer electronic cash system, looks ready to make new all-time highs imminently, according to crypto analyst <a href="https://twitter.com/Cryptographur/status/1718626358132195413?t=Rt2XuVgLhkFa-pY3p2kVmA&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">Cryptographur</a>.</p>
<p>KAS has spent almost a year testing the $0.04–$0.05 level. While this extended consolidation may seem anticlimactic, the analyst notes that <strong>the more times an area gets tested, the more likely it is to break out.</strong> A decisive break above $0.05 could happen within days.</p>
<figure class="wp-block-image size-large"><img decoding="async" loading="lazy" width="1024" height="559" src="https://captainaltcoin.com/wp-content/uploads/2023/10/image-737-1024x559.png" alt="" class="wp-image-366529" srcset="https://captainaltcoin.com/wp-content/uploads/2023/10/image-737-1024x559.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-737-300x164.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-737-768x419.png 768w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-737-1536x838.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-737-2048x1117.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-737-275x150.png 275w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-737-100x55.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-737-642x350.png 642w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-737-788x429.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/10/image-737.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Fundamentally, Kaspa aims to be the fastest proof-of-work blockchain, running at 1 block per second. It was launched without VCs or premines, with a rapid mining schedule—about 74% of the total supply is already circulating.</p>
<p>Cryptographur describes KAS as a true electronic cash system built in the fair launch, secure, decentralized ethos of Bitcoin but innovating in scalability where Bitcoin is limited.</p>
<p>With a current market cap around $1 billion, the analyst sees KAS as still undervalued compared to other top 10 cryptocurrencies.</p>
<p>When more people discover Kaspa and research its technical merits, the attractive valuation at current levels could bring more capital and momentum into the market. This would make the technical breakout even more likely.</p>
<p>Read also:</p>
<ul>
 <li><a href="https://captainaltcoin.com/shiba-inu-eyes-500-gain-as-shib-bulls-take-control/" target="_blank" rel="noopener noreferrer nofollow">Shiba Inu Eyes 500% Gain As SHIB Bulls Take Control</a></li>
 <li><a href="https://captainaltcoin.com/dogecoin-faces-resistance-at-0-07-but-this-doge-indicator-confirms-a-buy-signal/" target="_blank" rel="noopener noreferrer nofollow">Dogecoin Faces Resistance at $0.07, but This DOGE Indicator Confirms a ‘Buy Signal’</a></li>
 <li><a href="https://captainaltcoin.com/october-in-focus-injective-solana-and-inqubeta-emerge-as-the-biggest-winners/" target="_blank" rel="noopener noreferrer nofollow">October in Focus: Injective, Solana, and InQubeta Emerge as the Biggest Winners</a></li>
</ul>
<p>In summary, according to crypto expert Cryptographur, the confluence of prolonged consolidation at key resistance, strong fundamentals as an innovative scalable cryptocurrency, and an undervalued market cap position KAS for a significant breakout to new highs. As more attention gravitates to Kaspa, the coming days and weeks could see substantial upside price action.</p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>74% of retail CFD accounts lose money.</strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy the trades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/kaspa-poised-for-a-breakout-analyst-predicts-when-kas-will-surpass-0-05-threshold-permanently/">KASPA Poised for a Breakout: Analyst Predicts When KAS Will Surpass $0.05 Threshold Permanently</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

KASPA Poised for a Breakout: Analyst Predicts When KAS Will Surpass $0.05 Threshold Permanently

目录

CaptainAltcoin

发布于 2023年10月30日的其他文章

UK Requires Crypto Companies to Obtain Authorization from the Financial Conduct Authority!

Korean Telecommunications Firms Ramp Up ESG Efforts with NFTs

Bril Finance joins PancakeSwap in DeFi portfolio enhancement

Bitcoin Forms Historic “Golden Cross” For ATH After Halving, PlanB’s S2F Signals “Buy”

SushiSwap community suggests abandoning Kanpai 2.0

Small Islands, big problems: Can Bitcoin fix this? Cointelegraph Cape Verde video

订阅我们免费的电子期刊，获取每日最新加密领域动态！