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Kaspa (KAS) has gained the attention of many investors since the beginning of 2023 due to its strong performance.
Starting at $0.005 on January 1, its value has already surged to its ATH, marking a remarkable 760% increase and 380% to its current price of $0.024 at the time of writing.
KAS Breaks Above Descending Channel
After gaining over 600% since January, Kaspa hit a resistance level of $0.042, which turned it into a downturn.
Since hitting its ATH, Kaspa’s price has declined, trading within the descending triangle. This is evidenced in the chart as KAS has created a series of lower lows and lower highs in the channel.
However, the second lower low gave access to the bulls driving the price above the channel’s upper trendline.
Furthermore, the higher low at $0.0203 completes the cup and handle pattern.
The pattern indicates a bullish move to its initial ATH of $0.042 from the handle. Consequently, the height measured from the handle to $0.042 ATH is the same depth measure of the cup.
KAS Might Rebound to ATH, Indicators Suggest Bullish Move In Price
KAS price might rebound to its ATH as it trades above the 50-day and 200-day moving averages. This shows that the bulls have taken control of the market, driving the prices further upward.
Additionally, KAS shows a rebound on the 50-day moving average, which acts as support for the price.
Furthermore, the price shows a general trend change after rebounding on the 200-day moving average. The rebound on the 50-day moving average also completes the last shoulder of a possible inverted quasimodo pattern, indicating a surge in price.
The Relative Strength Index is trading above its neutral level of 50, showing a rebound that could push the price up to and above the 70 mark.
With the growth experienced by Kaspa, experts in the field are now engaged in speculation regarding its potential future value, anticipating it to soar to as high as $0.10, a 316% increase in short term profits.
Investors who missed out on Kaspa still have an opportunity in ECOTERRA, a promising project that is still in the presale stage.
Ecoterra (ECOTERRA)
Ecoterra, a promising green project in the web3 space, has achieved a significant milestone in its product roadmap.
Interested users can now register for Ecoterra’s groundbreaking Recycle-to-Earn (R2E) application, signaling progress toward the launch of its alpha version by the end of the year.
With support in countries that utilize Reverse Vending Machines (RVMs), Ecoterra’s app has a vast potential market. The application will be accessible on desktop and mobile, offering a sleek and intuitive user experience. Moreover, Ecoterra is developing a carbon offset and recycled materials marketplace and a comprehensive sustainability education suite.
$ECOTERRA Token Raises $6 Million in Presale Funding
To fund the development of its revolutionary green web3 ecosystem, Ecoterra’s native $ECOTERRA token has garnered impressive investor interest, raising an astounding $6 million in its presale, with limited time remaining for interested investors to join.
📣🌿 We have reached another milestone:
🎊 $6 MILLION RAISED AND COUNTING 🎊
Only 2 DAYS LEFT until the #Presale ends!
Don't hesitate, join the presale now and receive our ✨ 10% BONUS ✨ every time you purchase $ECOTERRA tokens ⬇️https://t.co/1fYkPOsPYG pic.twitter.com/lxUf26LrPr
— ecoterra (@ecoterraio) July 10, 2023
The presale will end in 1 day when the presale reaches the $6.7 million mark, so investors only have a few hours left to jump in.
Once the presale is complete, individuals can only acquire $ECOTERRA by purchasing them at potentially higher prices through centralized and decentralized cryptocurrency exchanges after the token is launched.
Ecoterra will be listed on LBank, Uniswap V3 and Bitmart on July 14 at 10:00 am UTC.
🌈 New #listing
⛵️ $ECOTERRA (Ecoterra) will be listed on LBank！@ecoterraio
Ecoterra is a blockchain ecosystem for user rewards and company action on climate change.
👉 Details: https://t.co/GNWgfKozUN pic.twitter.com/Gsbc1so93m
— LBank.com (@LBank_Exchange) July 11, 2023
So, it’s important to buy your tokens now before time runs out to reap more profits. Furthermore, the project is offering an incentive to anyone who buys now by giving out a 10% bonus on the $Ecoterra tokens you purchase.
Token Allocation and Pricing for $ECOTERRA
The token supply for $ECOTERRA is capped at 2 billion, with half of that (one billion) made available to presale investors.
A significant portion, 20%, is allocated to ecosystem liquidity, ensuring sufficient liquidity within the project.
Additionally, 10% is allocated to listings and marketing, while 5% is dedicated to corporate adoption.
🌟ecoterra fam, GET READY for some exciting news ✨
Important #CEX and #DEX announcements are coming TOMORROW!
Stay tuned as there will be more than one 🤯 pic.twitter.com/aK6DzTMgKM
— ecoterra (@ecoterraio) July 10, 2023
The team holds just 5% of the total token supply, suggesting their considerable profit potential relies heavily on their enduring dedication to the project and its success in raising the $ECOTERRA price.
As of now, the native token of the Ecoterra platform, ECOTERRA, is valued at $0.01.
Investors can acquire ECOTERRA tokens by purchasing them directly from the token website using a bank card, or crypto providing a convenient and straightforward method.
You can swap tokens by exchanging their ETH and USDT coins for ECOTERRA tokens by connecting their wallets. These options offer flexibility and accessibility to investors interested in acquiring ECOTERRA tokens.
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