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The Kaspa price has pumped 14% in the last 24 hours to trade at $0.088684 as of 1:27 a.m. EST on trading volume that skyrocketed 157% to $121 million.
Kaspa Price Bullish Trend Signals A 20% Surge In The Short Term
The KAS price on the daily chart is displaying a strong bullish recovery from a well-defined demand zone.
After weeks of sideways movement and testing support within the $0.060–$0.070 range, the Kaspa price has broken out to the upside, showing renewed bullish strength.
The recent move has been marked by a clean break above the 50-day Simple Moving Average (SMA), which had previously acted as resistance during the downtrend. This breakout indicates a shift in sentiment from bearish to bullish in the short term.
KAS price action suggests a textbook bounce from the demand zone, followed by sustained momentum that’s now eyeing a key resistance area, the supply zone.
Meanwhile, the Relative Strength Index (RSI) sits at 66.80, indicating strong bullish momentum. While it is approaching the overbought threshold of 70, the RSI still has room to climb before entering extreme territory.
Given the current bullish momentum and the breakout from both the demand zone and the 50-day SMA, Kaspa appears poised to move toward the marked supply zone. The chart suggests a potential upside of approximately 20.78%, targeting the $0.105 range.
However, if the price of Kaspa invalidates the bullish uptrend, KAS could drop back to the demand zone around $0.05819, also acting as a cushion against downward pressure.
In the meantime, investors are flocking to buy Best Wallet (BEST), which popular YouTuber ClayBro, with over 136K subscribers, says has the potential to soar 10X after launch.
Best Wallet Presale Closing On The $12 Million Mark
Best Wallet just surpassed $11.78 in its hot presale. The new-gen crypto wallet is drawing massive attention from investors as the presale proceeds.
Best Wallet is a Web3 wallet that combines crypto storage services with decentralized trading features. The platform caters to investors and traders of all sizes and simplifies crypto management across different blockchains.
The wallet supports 60+ blockchains and features a built-in DEX, presale aggregator, and crypto debit card.
Its native token, BEST, powers the ecosystem, which is designed to simplify on-chain activities while minimizing security risks. This makes it a standout app in the competitive crypto wallet space.
The Fastest Growing Wallet in Crypto!
In a crowded market, Best Wallet delivers the tools you need to gain an edge. 🚀
1️⃣ Exclusive alpha on new projects.
2️⃣ Buy and claim tokens in the app.
3️⃣ Manage all your assets across multiple chains in one place.This is why the Best… pic.twitter.com/AT4yos1CmG
— Best Wallet (@BestWalletHQ) December 30, 2024
A key feature that sets Best Wallet apart is its “Upcoming Tokens” section, a presale aggregator that identifies high-potential projects.
It’s establishing a strong track record after already flagging Pepe Unchained (PEPU) and Catslap (SLAP), meme coins that delivered massive gains for early investors.
Currently, BEST tokens are priced at $0.024825. Buy before a price hike in less than 36 hours to lock in the best deal.
After purchasing BEST, you can also stake your tokens for a 128% annual return.
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