Login / Join

Technical analysis by cybernetwork about Symbol KAS: Buy recommendation (7/20/2025)

https://sahmeto.com/message/3647599
cybernetwork
cybernetwork
Rank: 5302
1.7
Buy،Technical،cybernetwork

Second chance to accumulate KAS at below 10 cents after its correction down to 5 cents from its 20 cents ATH is coming to an end? Previously, technicals looked great for KAS (and other ALTs too) with a breakout from a cup-&-handle pattern in July/Aug2024, but market says otherwise with gloomy economic report. >> For the small portion of capital assigned to trading crypto: I got stopped out from my (manually adjusted) trailing stoploss, with an approx. 6.8%avg loss from my BTC and ETH DCA spot injections into KAS from 10 cents all the way to 20 cents ATH. For my long-term investment hold, I had bought from 2 cents all the way to almost ATH (at ~15 cents) and still holding and adding to it now as long as KAS is below. 10 cents. Had started accumulating aggressively again within the green zone, and probably gonna stop soon once KAS leaves the orange zone. Last cycle, my main Altcoin investment focus was in ADA (POS and UTXO based chain based on academic research and peer-reviewed design), eventually selling most of other ALTs into ADA. This cycle, my personal investment focus is in Kaspa — and probably holding 15%(?) through the bear market correction after blow-off-top into the next cycle together with BTC and some ETH as well. Fingers crossed with regards to price; although the technology, decentralization ethos, and general fundamentals behind it is IMO extremely sound, and has a high probability (though not certain) to eventually establish itself to become one of the (if not THE) top L1s into the future. ——————————————— My reply re. the past YTD price performance of KAS , which I feel might be worth sharing here. "For Kaspa, on the YTD timeframe, it has corrected ~50% down, after a ~10x rise from about 2 cents (when I first got in, in 2023) all the way to 20 cents. It is still an early tech about 3 years old and still not widely know; hence as an investment, it is definitely risky and high volatility is to be expected (not listed in high liquidity Tier1 exchanges yet), just like BTC in 2017 where I first bought at ~3kUSD, and a lot more significantly at 5k, and all the way to its ATH at 20kUSD, and stupidly held when it dropped all the way to 3kUSD, and kept on buying with a long-term view. I view Kaspa in the same light as BTC (different from other cryptos), the only two that I will probably still hold a small but significant portion of, after the blow off top of this cycle due to its fundamentals that I am personally drawn towards -- e.g. POW but 6000x faster than BTC in bps, and ultimately will be 60000x faster once the DAGKnight protocol is implemented in 2026 (trilemma solved); protocol are based on peer-reviewed published research; fair-launched with no-VCs pre-allocation nor pre-mine; no central controlling figure; no DAG/Chain bloating due to implementation of pruning and where 0% TX-archival nodes are needed to maintain the security of mining, and are only necessary for explorers and institutions that intends to track TXs; (soon to come in Q4) Two Layer 2 implementations that will eventually be "Based-Zkrollups" (something that Ethereum planned to implement but was not feasible due to speed and cost issues, even after its POS-fork) -- where L2 TXs are instantly settled onto L1 without security compromising batching of TXs and delayed settlement that Eth-L2s currently does, and more. But KAS is just a crypto project that I am personally interest in; and I am certainly not recommending anyone to buy as an investment, well unless they see something interesting in it too as I do. ;)"

Translated from: English
Show Original Message
Signal Type: Buy
Time Frame:
1 day
Profit Target:
$0.12345
Stop Loss Price
$0.073867
Price at Publish Time:
$0.098319
Share
Signals
Top Traders
Feed
Alerts