Is Kaspa (KAS) Price About to Explode? Analyst Highlights Key Chart Pattern

CoinMarketCap2024-12-13

Prominent analyst Parabolic Pump has shared an in-depth analysis on X (formerly Twitter) about Kaspa’s price. He suggested that the token may soon experience substantial upward momentum. A one-year re...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2491980365?lang=en_US&edition=fundamental","thumbnail":"https://academy-public.coinmarketcap.com/srd-optimized-uploads/f7679b583e654d2a9df695d4626d8e99.png","is_english":true,"pubTime":"2024-12-13 06:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2491980365","market":"us","top_or_hot":-1,"title":"Is Kaspa (KAS) Price About to Explode? Analyst Highlights Key Chart Pattern","media":"CoinMarketCap","content":"<div>\n<p>Prominent analyst Parabolic Pump has shared an in-depth analysis on X (formerly Twitter) about Kaspa’s price. He suggested that the token may soon experience substantial upward momentum. A one-year re...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/675b5e055267123e0e15bc02/\">Source Link</a>\n\n</div>\n","source":"coinmarketcap_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Kaspa (KAS) Price About to Explode? Analyst Highlights Key Chart Pattern</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Kaspa (KAS) Price About to Explode? Analyst Highlights Key Chart Pattern\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-13 06:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://coinmarketcap.com/community/articles/675b5e055267123e0e15bc02/><strong>CoinMarketCap</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Prominent analyst Parabolic Pump has shared an in-depth analysis on X (formerly Twitter) about Kaspa’s price. He suggested that the token may soon experience substantial upward momentum. A one-year re...</p>\n\n<a href=\"https://coinmarketcap.com/community/articles/675b5e055267123e0e15bc02/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2249611893.SGD","symbol_name":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","start_time":0,"source_url":"https://coinmarketcap.com/community/articles/675b5e055267123e0e15bc02/","article_id":"2491980365","we_media_id":null,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/f7679b583e654d2a9df695d4626d8e99.png"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2491980365","pubTimestamp":1734041092,"columns":[],"sourceInfo":{"source_id":"coinmarketcap_highlight","name":"CoinMarketCap"},"weMediaInfo":null,"summary":"Prominent analyst Parabolic Pump has shared an in-depth analysis on X  about Kaspa’s price. He suggested that the token may soon experience substantial upward momentum. A one-year re-accumulation phase, alongside key chart patterns, forms the foundation of the analysis, sparking discussions among traders and investors.One-Year Re-Accumulation Phase: Key to Kaspa’s Growth. According to the analysis, Kaspa’s price has been consolidating for nearly a year in a defined range, represented by a green support zone.This phase of sideways movement, often referred to as re-accumulation, typically follows strong upward trends and precedes potential breakouts. The analyst suggests that prolonged consolidation allows market participants to accumulate positions at lower prices, creating a solid foundation for future growth.The breakout above this green zone, identified on the chart, signals a possible end to the re-accumulation phase. Historical price action shows that Kaspa has followed a consisten","collect":0,"end_time":0,"defaultTopTitle":"coinmarketcap.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1988902786.USD":"FULLERTON LUX FUNDS GLOBAL ABSOLUTE ALPHA \"I\" (USD) ACC","IE00BFMHRM44.USD":"NEUBERGER BERMAN GLOBAL EQUITY MEGATRENDS \"A\" (USD) ACC","GTLS":"查特工业","LU0823414478.USD":"法巴经典能源转换基金","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","LU1064131342.USD":"Fullerton Lux Funds - Global Absolute Alpha A Acc USD","LU2048586759.USD":"ALLIANZ SMART ENERGY \"AT\" (USD) ACC","PEGI":"Pattern Energy Group Inc.","FOMO":"FOMO ETF","LU2211815571.USD":"ALLIANZ POSITIVE CHANGE \"AT\" (USD) ACC","BK4161":"工业机械"},"translate_title":"卡斯帕（KAS）价格即将爆炸吗？分析师强调关键图表模式","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FOMO":1,"GTLS":1,"PEGI":1},"content_text":"Prominent analyst Parabolic Pump has shared an in-depth analysis on X (formerly Twitter) about Kaspa’s price. He suggested that the token may soon experience substantial upward momentum. A one-year re-accumulation phase, alongside key chart patterns, forms the foundation of the analysis, sparking discussions among traders and investors.\nOne-Year Re-Accumulation Phase: Key to Kaspa’s Growth\nAccording to the analysis, Kaspa’s price has been consolidating for nearly a year in a defined range, represented by a green support zone. \nThis phase of sideways movement, often referred to as re-accumulation, typically follows strong upward trends and precedes potential breakouts. The analyst suggests that prolonged consolidation allows market participants to accumulate positions at lower prices, creating a solid foundation for future growth.\nThe breakout above this green zone, identified on the chart, signals a possible end to the re-accumulation phase. Historical price action shows that Kaspa has followed a consistent cycle of impulsive upward movements, consolidation, and subsequent breakouts. This pattern supports the bullish outlook for the token as it moves closer to retesting its all-time highs.\n\nImage Source: X/ParabolicPump\n\n\nMinimal Resistance Above All-Time High\nThe analysis also emphasizes the importance of the previous all-time high as a key resistance level. Once this level is surpassed, the chart suggests minimal resistance due to the lack of historical price data in those ranges. This scenario could enable the price to enter a parabolic phase, characterized by sharp and sustained upward movements.\nParabolic Pump also highlights the potential influence of fear of missing out (FOMO) on market behavior. As KAS’ price approaches and surpasses its previous highs, increased buying pressure could accelerate the upward trend.\nInsights from the Analyst’s Tweet\nThe tweet accompanying the analysis stresses the strategic positioning of “smart money” during the consolidation phase. Limit buy orders placed within the green support zone reportedly yielded optimal entries, aligning with the analyst’s expectations. \nThe post also suggests Kaspa could hit its highest price ever before 2024 ends, with more price movement expected in the next few months.\nBut remember, even though things look good on paper, we need to be careful with our trades – crypto prices can change very quickly in any direction.\nRead Also: Lido DAO (LDO) Price Surges After Consolidation—Here’s Why It Could Climb Higher\nFollow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.Get all our future calls by joining our FREE Telegram group.\n\n\n\n \n\n\n We recommend eToro \nDon’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. Take 2 mins to learn more\n\n\n\n Visit eToro Now \n\n\n\n Active user community and social features like news feeds, chats for specific coins available for trading.  Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.  Copy trading: allows users to copy the trades of leading traders, for free.  User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.\n    \n\n\n\n\nThe post Is Kaspa (KAS) Price About to Explode? Analyst Highlights Key Chart Pattern appeared first on CaptainAltcoin.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2491980365"}