Kaspa

Date: Tue, Nov 19, 2024, 09:13 AM GMTIn today’s cryptocurrency market, Kaspa (KAS) is gaining significant traction as excitement builds around its listing on Kraken, scheduled for 14:00 UTC today. Kraken’s <a href="https://coinsprobe.com/kaspa-kas-surges-higher-following-kraken-listing-announcement-what-to-expect-ahead/" rel="noopener noreferrer nofollow">announcement </a>on November 14 confirmed that KAS would trade against USD and EUR. As the listing approaches, KAS has already surged over 4% in the last 24 hours and 22% in the past week, reflecting the growing optimism among investors.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/957cbbf8bd5e4766bcd5e5dfe5be0ff9.png" />Source: Coinmarketcap<h3 id="kaspa-kas-eyes-key-breakout">Kaspa (KAS) Eyes Key Breakout</h3>After breaking out from its $0.1583 resistance level <a href="https://coinsprobe.com/kaspa-kas-flashes-bullish-signals-ahead-of-kraken-listing-what-to-expect/" rel="noopener noreferrer nofollow">yesterday</a>, KAS has climbed to $0.1755, positioning itself just below a critical resistance zone at $0.1802. This level is pivotal as it marks a major test for bullish momentum.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/6bfa05a74d3f4f3b86a62df80ef0981d.png" />If Kaspa manages to break above $0.1802, it could unlock significant upside potential, paving the way for a rally toward its next target at $0.2075—a level that coincides with its all-time high (ATH). Achieving this milestone would mark a 20% increase from its current price, a move that could bring further attention to the asset post-listing.However, failure to hold above its current levels could lead to a retracement, with $0.1632 acting as the key support zone on the downside. This level could serve as a consolidation point before any further bullish attempts.<h3 id="what-to-watch">What to Watch</h3>As the Kraken listing draws closer, the heightened trading volume and increased exposure for Kaspa could catalyze further price movement. A breakout above the resistance could also reinforce its longer-term bullish outlook.Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.Also Read: <a href="https://coinsprobe.com/chainlink-link-and-polkadot-dot-poised-for-key-breakouts-are-they-following-the-same-path/" rel="noopener noreferrer nofollow">Chainlink (LINK) and Polkadot (DOT) Poised for Key Breakouts: Are They Following the Same Path?</a>

Kaspa (KAS) Eyes Key Breakout Ahead of Kraken Listing: Can It Reach Its ATH?

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