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The Kaia price surged 6% in the past 24 hours to trade at $0.1718 as of 12:12 a.m. EST, with the trading volume soaring 32% to $176 million.
The increase in the KAIA price has put the crypto at the number 1 spot on CoinMarketCap’s list of biggest gainers.
Kaia Price Breakout Signals A Continued Uptrend
The KAIA price on the daily chart reveals a significant bullish breakout from a well-defined falling wedge pattern. This pattern began to form after the peak in late 2024 and continued into mid-2025.
After months of compression within this wedge, the Kaia price action finally broke above the upper resistance trendline, confirming a bullish breakout.
This breakout was accompanied by a strong green candle and follow-through buying, pushing the price of KAIA up to $0.1718 as of the latest candle. This signals that market sentiment has shifted from bearish consolidation to bullish momentum.
The 50-day Simple Moving Average (SMA), currently at $0.1188, was decisively broken to the upside, which confirms the upward momentum.
Meanwhile, the Relative Strength Index (RSI) has surged to 80.04, indicating overbought conditions. While this level suggests strong bullish momentum, it also implies that the asset may be due for a short-term pullback.
Given the breakout from a long-term falling wedge, the technical outlook for KAIA is optimistic. In this case, that projected target extends well into the $0.25–$0.30 range, assuming momentum sustains and market conditions remain favorable.
However, the current overbought RSI suggests that a temporary pullback or sideways consolidation is likely before the next leg higher. Should this occur, a retest of the breakout zone around $0.12–$0.13 would offer a healthy reset, offering a cushion against downward pressure.
Meanwhile, investors are piling into a new Bitcoin-themed meme coin called Bitcoin Hyper (HYPER), which aims to scale the Bitcoin blockchain.
According to Crypto Boy, a popular crypto analyst on YouTube with over 61.3K subscribers, HYPER could soar 100X on launch.
Bitcoin Hyper Token Presale Rushing Towards The $1.5 Million Milestone – Best Crypto To Buy Now?
Scalability and speed have finally come to Bitcoin. Bitcoin Hyper plans to solve one of Bitcoin’s biggest problems: slow and costly transactions.
Although Bitcoin dominates the crypto space, its network lacks the speed needed for modern use. Bitcoin Hyper aims to change that by launching the first Layer-2 scaling solution explicitly built for BTC.
This new Layer-2 runs on Solana’s Virtual Machine (SVM), enabling fast transaction speeds, lower fees, and support for high-performance applications. The project will utilize a Canonical Bridge to track BTC deposits and reflect them on the Layer-2 network.
Bitcoin Hyper’s presale is gaining momentum rapidly. The project has already raised over $1.13 million.
🚨 Bitcoin Hyper is now live in Best Wallet! 🚨@BTC_Hyper2 is building Bitcoin’s first Layer 2 focused on real scalability — enabling fast, cheap BTC transactions, meme coins, dApps, and more.
It’s secured by Bitcoin L1 and powered by Solana VM tech for high speed and massive… pic.twitter.com/5Ktj12RCR1
— Best Wallet (@BestWalletHQ) June 5, 2025
Apart from scalability, the team has allocated 5% of the total 21 billion HYPER token supply for rewards, offering investors an impressive 652% annual percentage yield (APY) for purchasing and staking the tokens.
Investors interested in participating in the presale can visit the official Bitcoin Hyper Token website to buy HYPER tokens for $0.01185 each using crypto or a bank card.
Buy before the next price increase in about 11 hours.
Visit the Bitcoin Hyper Token website.
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