Kaspa Price Prediction As Coin Pulls Back from Monthly High. Is a Bounce Coming Today?

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Kaspa
Kaspa

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Kaspa (KAS) rebounds from critical support after a slight pullback, showing bullish resilience. Is a potential bounce imminent today?

Our analysis examines key indicators and trends for insights into KAS’s future direction.

KASPA Price is on Third Wave

KASPER. Source. Tradingview.com
KASUSD. Source. Tradingview.com

KASPA (KAS) price has experienced a 256% increase in a three-wave movement, with a potential third wave ahead after a minor setback at the $0.04 resistance level.

The steady upward trend forms a double-bottom pattern, supporting the bulls in increasing prices, and if the resistance level is surpassed, a price surge to $0.07 may be expected.

KAS Price Trades on Parabolic Curve

Kaspa (KASUSD) Source: Tradingview.com
KASUSD. Source: Tradingview.com

The KAS indicator signals strong bullish momentum with support from buyers driving the price up from the support level, following a parabolic curve that suggests a potential surge after breaking through resistance.

KAS is currently trading above both the 50-day and 200-day moving averages, favoring the bulls. The moving averages at $0.017 and $0.024 provide further support for potential upward movements.

The relative strength index trades in the overbought region (70), indicating a sustained surge.

A breach above the resistance level could see the price reach $0.071, while a resilient resistance may pull the price down to the $0.02 support level.

Meanwhile, investors can explore the yPredict presale opportunity to participate in this promising market.

YPRED Token Raises Over $3 Million in Presale Funding

yPredict utilizes artificial intelligence and machine learning to analyze crypto data, providing price predictions based on this information. The project’s whitepaper includes additional features such as market sentiment analysis and a chart pattern detector.

Apart from crypto market analytics, yPredict has developed an AI-powered backlink estimator. This tool helps users predict effective backlinks that improve their keyword rankings. The backlink estimator is available at a cost of $99, but investors participating in the presale will enjoy free lifetime access to it.

The YPRED presale funding has surpassed an impressive milestone, raising over $3 million. As the presale reaches its second-to-last stage, it remains open to new investors. This is a great chance for investors to acquire yPredict tokens at a discounted price of $0.1.

Investors can benefit from the opportunity to invest in a low-priced token before it reaches its listing price of $0.12. They can also acquire the YPRED token by swapping their ETH, MATIC, and USDT through their wallet on the yPredict website.

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