chartzilla

The chart illustrates a potential "god candle" scenario on the weekly timeframe for Kaspa, suggesting a strong bullish momentum. This formation is likely supported by the breakout from a falling wedge pattern, which is typically a bullish reversal pattern. Key observations: Falling Wedge Breakout: The breakout from the wedge aligns with increased volume, a confirmation of bullish sentiment. Target Achievement: It seems that the initial price target post-breakout has already been reached. Trend Continuation: The steep blue trendline indicates strong upward momentum, hinting at a continuation if current support levels hold. 10 BPS, Binance, Smart Contracts patience is key

Kaspa appears poised for a potential Coinbase listing, with a textbook falling wedge pattern on the weekly chart hinting at a bullish reversal as oscillators reset and momentum builds. As a fair-launch project, Kaspa maintains decentralization by having coins mined or traded openly. With KRC-20 sell pressure seemingly exhausted, bearish momentum has faded. Kaspa's robust Layer-1 tech stack and 10 BPS foundation are now established, strategically setting the stage for showcasing its scalable infrastructure and the introduction of smart contracts, aligning with a well-timed expansion strategy.

Kaspa is reapting it's pattern and the latest falling wedge on the weekly will start it's run up Nov7th after the FOMC meeting with a .25 rate cut. Smart Contracts, 10 BPS, KRC20, Tier1, Marathon Digital (owned mostly by Blackrock) please read the book of Kaspa. Yes tuff to see it's current performance but the upside in a week or so will be tremendous .

FOMC Rate Cut: The Federal Reserve cut rates by 50 basis points in September 2024, aiming to boost economic activity as inflation eases. This cut provides increased liquidity and lowers borrowing costs, likely benefiting speculative assets. Bitcoin’s Cup and Handle Pattern: The cup and handle pattern in Bitcoin suggests a bullish breakout with a potential target of $120,000. Lower interest rates increase investor demand for Bitcoin, encouraging price gains. The favorable monetary environment supports a move toward this target, as investors seek higher returns in alternative assets like cryptocurrencies. BTCUSD

Market Forecast for Kaspa (KAS): New All-Time High Predictions Kaspa (KAS) has been making waves in the cryptocurrency market, and the next 6 months look promising for this digital asset. If you're a cryptocurrency investor, you might want to keep a close eye on Kaspa. Several key factors suggest significant upward momentum, potentially leading to new all-time highs. Influencing Factors Technical Analysis Massive Rectangle Pattern Kaspa is currently forming a massive rectangle pattern on the daily chart. This pattern often precedes significant price movements, typically breaking out in the direction of the prevailing trend. RSI Reset The Relative Strength Index (RSI) on the weekly chart has reset, indicating that KAS is neither overbought nor oversold. This reset provides ample room for upward movement, making it an attractive entry point for investors. Chaikin Oscillator Momentum The Chaikin Oscillator is gaining momentum, signaling increasing buying pressure. This indicator often precedes price surges, making it a critical factor in our bullish outlook. Fundamental Developments RUST and KRC-20 RUST: Kaspa's development team is set to go live with RUST, a highly anticipated update that promises to improve network efficiency and security. KRC-20: Shortly after RUST, the KRC-20 token standard is expected to launch, adding a new layer of functionality and attracting more developers to the ecosystem. Major Exchange Listings Kaspa is poised for listings on major tier 1 exchanges. These listings will significantly increase liquidity and accessibility, attracting more investors and driving up the price. Fibonacci Analysis Channel Fibonacci Finally, the channel Fibonacci levels indicate a major upside move around October 22. This technical indicator aligns with other bullish signals, reinforcing our optimistic outlook. Market Predictions Given these technical and fundamental factors, we predict Kaspa will reach new all-time highs within the next 6 months. The combination of a favorable technical setup and imminent fundamental developments makes KAS a compelling investment opportunity for cryptocurrency investors. Kaspa is shaping up to be one of the most exciting cryptocurrencies to watch in the coming months. With strong technical indicators and significant fundamental updates on the horizon, the potential for new all-time highs is very real. Ready to capitalize on this opportunity? Stay tuned for more updates and consider adding KAS to your portfolio. KASUSD

Kaspa stands as the fastest, open-source, decentralized, and fully scalable Layer-1 blockchain in existence. It introduces the groundbreaking blockDAG architecture—a digital ledger that facilitates parallel blocks and instant transaction confirmations. This innovative design is driven by a robust proof-of-work engine, providing rapid single-second block intervals. Developed by industry pioneers and supported by the community, Kaspa is poised to redefine blockchain technology. Significant advancements are on the horizon, with KAS soon achieving 10 BPS on RUST. The charts indicate strong upward momentum from origin trend lines and Fibonacci channels. The next Elliott wave sequence is about to begin, with the rising wedge pattern emerging across multiple time frames, from 1 hour to 3 days, and even on the weekly chart. Prepare for what promises to be an exciting journey to 18c by June4th