Dogecoin

Kaspa

Internet Computer

Bitcoin

Show

<p>Crypto analyst Jim, S𐤊i ₿um (@Cryptographur on X) has shared insights on <a href="https://captainaltcoin.com/kaspa-to-reach-10-this-bull-run-is-not-crazy-says-popular-youtuber-as-he-updates-his-kas-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Kaspa’s (KAS) price performance</a>. The analyst suggests that KAS could reach its all-time high (ATH) more rapidly than Bitcoin.&nbsp;</p>
<p>Moreover, Cryptographur’s observations come amidst Kaspa’s strong market position and growing hash rate, sparking interest in the crypto community.</p>
<h2 class="wp-block-heading" id="strong-kaspa-s-market-performance-strong"><strong>Kaspa’s Market Performance</strong></h2>
<p>According to Cryptographur, Kaspa has been demonstrating resilience in the market. “Every dip is bought,” the analyst noted, indicating strong buyer support for the token.&nbsp;</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24KAS&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$KAS</a> is consistently winning. Every dip is bought.<br><br>There is no coin in the Top 100 that is closer to its all time high than <a href="https://twitter.com/hashtag/Kaspa?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Kaspa</a>, and that is including <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a>.<br><br>There is a land grab in effect. Hash rate is parabolic. Price is outperforming everything else in crypto. <a href="https://t.co/HTLHVrtL5R" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/HTLHVrtL5R</a></p>— Jim, S𐤊i ₿um <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/26f7.png" alt="⛷" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@Cryptographur) <a href="https://twitter.com/Cryptographur/status/1833550937018789943?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 10, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>The analyst also pointed out that among the top 100 cryptocurrencies, Kaspa is currently the closest to its ATH, even surpassing <a href="https://captainaltcoin.com/these-2-indicators-signal-an-imminent-bitcoin-price-rally/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin in this aspect.</a></p>
<p>The analyst highlighted the growing hash rate of Kaspa, describing it as “parabolic.” This increase in hash rate typically suggests growing network security and miner confidence in the project.&nbsp;</p>
<p>Additionally, the analyst observed that Kaspa’s price is outperforming other cryptocurrencies in the market.</p>
<h2 class="wp-block-heading" id="strong-kaspa-price-analysis-strong"><strong>Kaspa Price Analysis</strong></h2>
<p>A detailed analysis of Kaspa’s daily price chart on TradingView reveals several key levels and potential scenarios for the <a href="https://coinmarketcap.com/currencies/kaspa/" target="_blank" rel="noopener noreferrer nofollow">token’s price movement</a>. The current price of Kaspa stands at $0.1628, with its ATH at $0.2075.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcgpyAuHrm7uOSSvf0CkMWxPRs-RmGK17EVrAmWCn-VEGyU30YoG4JrseKAzDWAtW1Q8ZwYeNRUyhA6WBryl9Qdqh-jW7Uf_3Kg0-zJ0ExM1m0Z3QsZNRqM0WAExNDp92VhNwxyar9-Ckpu7-ZMBaD_kQum?key=xcY2U4lMkBsCqBGZyjbx5A" alt="">
 <figcaption class="wp-element-caption"><strong><em>Source: </em></strong><a href="https://www.tradingview.com/x/UzvUYC46/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>TradingView</em></strong></a>
 </figcaption>
</figure>
<p>The analysis points up key Fibonacci retracing levels that can either support or oppose Kaspa’s price. The 0.5 Fibonacci level at $0.1663 is interpreted as direct opposition, whilst the 0.617 Fibonacci level at $0.1780 represents a psychological barrier.</p>
<p>Before there might be a retest of the ATH, the 0.786 Fibonacci level at $0.1896 is thought to represent the final major barrier.</p>
<p>From the support standpoint, should the price be rejected at higher levels, the 0.382 Fibonacci level at $0.1566 is clearly a significant support area. A lower support zone is the 0.236 Fibonacci level at $0.1446; the August low of $0.1251 marks a crucial defense level.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Celebrate Dogecoin and Make Big Gains with Doge2014!
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p><strong><a href="https://doge2014.io" target="_blank" rel="noopener noreferrer nofollow">Doge2014</a></strong> raises 300K in days celebrating Dogecoin. Make potentially big profits and get in on <strong><a href="https://doge2014.io/en/airdrop" target="_blank" rel="noopener noreferrer nofollow">exclusive airdrop</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p><strong><em>Read also: </em></strong><a href="https://captainaltcoin.com/why-is-internet-computer-icp-price-pumping/" target="_blank" rel="noopener noreferrer nofollow"><strong><em>Why Is Internet Computer (ICP) Price Pumping?</em></strong></a></p>
<h2 class="wp-block-heading" id="strong-potential-price-scenarios-strong"><strong>Potential Price Scenarios</strong></h2>
<p>The analysis suggests that for Kaspa to successfully retest its ATH, it needs to overcome several key resistance levels. Breaking above $0.1663, surpassing $0.1780, and clearing $0.1896 are identified as crucial steps in this process.</p>
<p>Should Kaspa not be able to overcome these resistance levels, retests of the lower support regions at $0.1566 and $0.1446 could result. Based on the analyst’s findings, Kaspa’s performance is under scrutiny in the crypto market since it keeps demonstrating strength in relation to other tokens in the top 100 by market cap.</p>
<p><em><strong>Follow us on&nbsp;<a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>,&nbsp;<a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap&nbsp;</a>and&nbsp;<a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a>&nbsp;for more daily crypto updates.<br>Get all our future calls by joining our&nbsp;<a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></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>Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. <a href="https://www.etoro.com/customer-service/terms-conditions/trading-restriction/" target="_blank" rel="noopener noreferrer nofollow">Take 2 mins to learn more</a></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.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/analyst-says-kaspa-is-consistently-winning-kas-price-could-hit-ath-faster-than-bitcoin/" rel="noopener noreferrer nofollow">Analyst Says Kaspa ‘Is Consistently Winning’ – KAS Price Could Hit ATH Faster Than Bitcoin</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Analyst Says Kaspa ‘Is Consistently Winning’ – KAS Price Could Hit ATH Faster Than Bitcoin

Table of Contents

CaptainAltcoin

Other articles published on Sep 11, 2024

FTX Bankruptcy Plan Faces Scrutiny as SEC Questions Stablecoin Payments

What is Ondo Finance?

Indodax Diduga Diretas, William Sutanto Mohon Maaf

Ripple CTO Thanks Elon Musk for an Unexpected Reason

Ripple CLO: Crypto Isn’t the Problem in Money Laundering, US Dollar Is

“XRP is a Slave Coin” Financial Expert Claims. Here’s why

Join our free newsletter for daily crypto updates!