Shiba

Stacks

Kaspa

Shiba Inu

Pyth Network

<p>Kaspa (KAS), an innovative proof-of-work blockchain focused on scalability, security, and accessibility, looks poised for additional upside after bouncing off recent swing lows.</p> 
<p>With the technical posture improving, analysts eye a march back towards $0.35 resistance, with even higher levels possible later in its established 4-month boom-bust cycles.</p> 
<h2 class="wp-block-heading" id="similarities-to-2023-breakout-structure-emerge">Similarities To 2023 Breakout Structure Emerge</h2> 
<p>Veteran analyst <strong>Max</strong> – CEO of crypto investment firm BecauseBitcoin, <a href="https://twitter.com/maxbecausebtc/status/1762500031993540883?s=46" target="_blank" rel="noreferrer noopener nofollow">compares</a> KAS’s recent price action to historical moves signaling major bull runs. The similarities have Max expecting comparable upside continuations to unfold.</p> 
<p><strong>“This move is very similar to the Q1 2023 move &amp; I would expect the 2.618 to get tagged within the next 60 days,”</strong> Max explains, citing the technical Fibonacci extension level around $0.35 as his first target – implying nearly 2x returns from current levels.</p> 
<p>Previous analogous formations saw Kaspa abruptly spike several hundred percent, so precedence exists for exponential vertical moves.</p> 
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 <img loading="lazy" decoding="async" width="1024" height="612" src="https://captainaltcoin.com/wp-content/uploads/2024/02/image-1023-1024x612.png" alt="" class="wp-image-444735" srcset="https://captainaltcoin.com/wp-content/uploads/2024/02/image-1023-1024x612.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1023-300x179.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1023-767x458.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1023-1536x918.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1023-2048x1224.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1023-251x150.png 251w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1023-100x60.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1023-586x350.png 586w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1023-788x470.png 788w" sizes="(max-width: 1024px) 100vw, 1024px">
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<h2 class="wp-block-heading" id="combining-cycle-analysis-with-momentum-bands">Combining Cycle Analysis With Momentum Bands</h2> 
<p>Fellow trader <strong>Miko Genno</strong> <a href="https://twitter.com/MikoGenno/status/1761706968584957955" target="_blank" rel="noreferrer noopener nofollow">provides</a> additional color on historically reliable cyclical patterns governing Kaspa price behavior. By blending momentum indicators with chronological cycles, a strategic trading framework emerges.</p> 
<p><strong>“Understanding the Kaspa 4 and 8 month cycles, paired with the power law bands, is like a free money hack. I am personally going to be using this strategy to sell local tops and buy local bottoms, with the goal of increasing my $Kas holdings,”</strong> Genno says, enforcing the repeatable boom/bust sequences. Per the cycles theory, around $0.30 marks the next likely local top expected in April, presenting tactical traders upside from recent swing lows.</p> 
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 <img loading="lazy" decoding="async" width="1024" height="685" src="https://captainaltcoin.com/wp-content/uploads/2024/02/image-1024-1024x685.png" alt="" class="wp-image-444743" srcset="https://captainaltcoin.com/wp-content/uploads/2024/02/image-1024-1024x685.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1024-300x201.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1024-768x514.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1024-1536x1028.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1024-2048x1371.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1024-224x150.png 224w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1024-100x67.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1024-523x350.png 523w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1024-788x527.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-1024.png 1721w" sizes="(max-width: 1024px) 100vw, 1024px">
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<h2 class="wp-block-heading" id="fundamentals-support-higher-valuations">Fundamentals Support Higher Valuations</h2> 
<p>While technicals clearly strengthen the upside argument, Kaspa <a href="https://twitter.com/MikoGenno/status/1761533713148481632" target="_blank" rel="nofollow">possesses</a> fundamental differentiation that positions it as a dark horse blockchain capable of capturing greater mindshare among developers and users compared to more speculative altcoin gambles.</p> 
<p>With innovations across scalability, security, and tool accessibility, Kaspa challenges smart contract leaders on tangible merits—beyond hype. This strengthens conviction in lasting breakouts beyond fleeting retail fervor.</p> 
<p>Kaspa has surged 1400% year-to-date and is also up by 62% in the last 30 days. However, KAS is dowb by 2.4% in the last 24 hours.</p> 
<p>So ultimately, analysts spot mounting evidence across both on-chain and price data, suggesting Kaspa warrants attention as an explosively asymmetric opportunity before wider recognition catches on. Upside price projections clearly fall within reach.</p> 
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<p>The post <a href="https://captainaltcoin.com/kaspas-move-mirrors-q1-2023-analyst-predicts-when-kas-will-reach-0-35/">Kaspa’s Move Mirrors Q1 2023; Analyst Predicts When KAS Will Reach $0.35</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Kaspa’s Move Mirrors Q1 2023; Analyst Predicts When KAS Will Reach $0.35

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