Technical analysis by altcoinb about Symbol KAS: Buy recommendation (8/13/2024)

We are seeing incredible pressure being built here for a price action move to the upside with Kaspa. The Fibonacci zone for this could be at 2.618 at a price range of about $0.50 ish. I am giving this a time frame before November 2024. There is an ascending channel that Kaspa is dying to break out of and most likely the upside. Too many bullish points that Kaspa is waiting on and these fundamentals could help propel price action higher. For example, Tier 1 listings, Krc20 launch, 10 BPS implementation, Kaspa Institutional Initiative KII, Kaspa Ecosystem Foundation KEF, and more like Marathon competitors coming in to take mining market share etc.......