Kaspa

Resistance

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<p>Jesse Ai, a crypto analyst, discusses the <a href="https://captainaltcoin.com/kaspa-kas-price-set-for-500-gains-following-elongated-accumulation-period/" target="_blank" rel="noopener noreferrer nofollow">potential of Kaspa in the bull run</a>, suggesting that the price of $0.50 is merely the starting point.</p>
<p>He notes that Kaspa has been developing a <a href="https://www.unitytradinggroup.com/broadening-wedges/#:~:text=A%20right%2Dangled%20ascending%20broadening,like%20an%20inverted%20descending%20triangle." target="_blank" rel="noopener noreferrer nofollow">broadening wedge pattern</a> over the past year, with a solid support level at $0.10, which he attributes to “gamma support” linked to the introduction of Binance Futures.</p>
<p>This concept mirrors Bitcoin’s own support level at $35,000, established with the launch of Coinbase Futures.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/ripple-xrp-price-to-have-an-easy-path-to-8-once-this-resistance-breaks/" target="_blank" rel="noopener noreferrer nofollow">Ripple (XRP) Price to Have an “Easy Path” to $8 Once This Resistance Breaks</a></em></strong></p>
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<h2 class="wp-block-heading" id="strategic-positioning-for-bull-run">Strategic Positioning for Bull Run</h2>
<p><a href="https://x.com/jesseaicrypto/status/1859680909303349264?s=46" target="_blank" rel="noopener noreferrer nofollow">According to Ai</a>, these “gamma support” levels are strategically managed by investment bankers to protect their initial investments in Bitcoin ETFs and Marathon Digital’s Kaspa hardware.</p>
<p>He anticipates that as the 10BPS upgrade is implemented and the Federal Open Market Committee (FOMC) pauses quantitative tightening, Kaspa is well-positioned for substantial price increases, starting the bull run at $0.50 and aiming for a spot among the top 15 largest market capitalizations.</p>
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<p>The post <a href="https://captainaltcoin.com/analyst-explains-why-0-50-is-just-the-starting-point-for-kaspa-kas-this-bull-run/" rel="noopener noreferrer nofollow">Analyst Explains Why $0.50 Is Just the Starting Point for Kaspa (KAS) This Bull Run</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Analyst Explains Why $0.50 Is Just the Starting Point for Kaspa (KAS) This Bull Run

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