KASPA $KAS

KAS enjoys the peace and quiet around him until it starts pumping again. Many people are anxious because they have bought higher and are now doubting or selling. This will be a fatal mistake looking forward. This will test the longest support line until it is time to send the thing to the moon. Our first overriding target in the next 2 months is clearly $0.60.

Comment:

Kaspa KAS : unfortunately our monthly support line did not hold from the beginning, or temporarily did not hold. if we take a closer look, KAS is in the big wave 3 movement and in the middle corrective movement 4. Here the correction should be completed soon. As can be seen in the chart, KAS is in the ultimate buying zone down to $0.0966. However, this should not be undercut in the weekly, otherwise, the bullish trend is no longer valid. But here we are hopeful.
As you can see, the KAS has been moving sideways since November 2023. This is because the chart in the weekly is or was extremely overbought. An expanded flat correction is therefore challenging to recognize. Strangely enough, it happens repeatedly, as in 2021 with the BTC top or currently with $AAPL. Nevertheless, KAS is still in bullish territory and should attack again soon. The target of $0.67 remains in place for the coming months.