Kaspa's (KAS) ascent to unprecedented levels could be imminent

Cryptocurrency Kaspa (KAS) exhibits a bullish harmonic pattern, revealing crucial price levels for potential crypto surge. Explore the projected outlook for a possible cryptocurrency rally.

, and Administrator

2025 September 16 . 1:44 PM

2 min read

Kaspa's potential for reaching new elevations explained

Kaspa's (KAS) ascent to unprecedented levels could be imminent

In the ever-evolving world of cryptocurrency, Kaspa (KAS) has been making waves, and it's time to take a closer look at its current status.

As of now, the price of Kaspa hovers around $0.0812. This figure is slightly below its 200-day moving average, which stands at $0.0860. Interestingly, the support level for Kaspa is found at $0.0728, a level that has shown significant importance in the past.

For those interested in investing in Kaspa, buying it on Pionex is a straightforward process. After signing up, completing KYC verification, funding your account, and navigating to the KAS pair, you can place a buy order. And here's a bonus: users have the chance to win up to $1,000 by buying KAS on Pionex.

Charles Ledoux, a Bitcoin and blockchain technology specialist, has been an active voice in the crypto community. He has penned over 2,000 articles and numerous masterclasses to educate newcomers to the industry. His latest article on Kaspa was written with the aim of sharing his passion for crypto.

The movement of Kaspa began at point X, with a value of $0.1315. Since then, the price has corrected, with the bearish harmonic butterfly pattern's correction occurring around $0.0728 (C). However, it's worth noting that the bearish harmonic butterfly pattern in the daily chart of Kaspa often leads to a bullish continuation.

The potential reversal zone (PRZ) for Kaspa is located between $0.1508 and $0.1755. If Kaspa manages to break its major resistance at around $0.12, it could potentially surge by 85% to $0.22. This surge would take Kaspa to new highs, as it could potentially explode by nearly 100%.

It's also important to mention that the formation of the bearish harmonic butterfly pattern in the daily chart of Kaspa was observed. Additionally, a massive liquidity zone for Kaspa exists between $0.076 and $0.083, providing potential support should the price dip within this range.

In related news, articles about PENGU, SOL price, and Bitcoin rate cut have been making headlines. However, this article focuses solely on the analysis of Kaspa (KAS).

Lastly, it's worth mentioning that the author, Charles Ledoux, is a graduate of the Crypto Academy and has been a Bitcoin miner for over a year. His latest article was written in 2024.

Stay tuned for more insights on Kaspa and the crypto market.