Analyst Says Mixed Outlook for Kaspa (KAS) After Successful Breakout Prediction

2023-11-21 14:30

Crypto trader SiamKidd accurately predicted a breakout for blockchain project Kaspa (KAS) two weeks ago, with the price rising as expected. However, his outlook is now unclear as to where KAS is headed next.

On November 7th, SiamKidd forecasted a breakout for KAS over the following two weeks. This analysis proved correct, as KAS gained over 25% during that period. This showcases SiamKidd’s technical analysis skills in spotting high-probability price moves.

However, when asked about KAS’s future direction, SiamKidd admitted, “sometimes you get crystal clear clarity of a move in advance, but sometimes, like now, there are too many conflicting possibilities.” He is adopting a patient, observe-and-wait approach during this uncertainty.

While SiamKidd remains unsure of KAS’s near-term direction, long-term fundamentals may be strengthening. According to a Kaspa Enthusiast tweet, a major Swiss finance website called “Finanzen und Wirtschaft” published an article discussing Kaspa’s revolutionary technology. The author even stated Kaspa could “take on the credit and banking system” if it achieves its goals.

This shows Kaspa is increasingly gaining legitimacy and closing the credibility gap typically faced by smaller-cap crypto assets. As real-world awareness and adoption increase, it could provide fundamental support for KAS’s price.

Read also:

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In summary, while conflicting technical analysis makes KAS’s near-term direction unclear, SiamKidd’s proven track record and Kaspa’s strengthening fundamentals provide reasons to remain confident over a longer-term investment horizon. KAS has room left to run as Kaspa continues to make progress towards mass adoption.

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The post Analyst Says Mixed Outlook for Kaspa (KAS) After Successful Breakout Prediction appeared first on CaptainAltcoin.

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kas kaspa breakout outlook expected price however

kas kaspa → Результатов: 55


Kaspa Holders Should ‘Be Terrified’: Why Many KAS Investors Will Get Rekt

Cryptocurrency investor Aim Gambler has issued a stark warning to holders of Kaspa (KAS) – explaining why they should be “terrified” about the token’s prospects. In a series of tweets, Aim Gambler pointed out similarities between KAS and other cryptos like XRP, Safemoon, and SOL which he believes could lead to investors getting “REKT” (financially […] The post Kaspa Holders Should ‘Be Terrified’: Why Many KAS Investors Will Get Rekt appeared first on CaptainAltcoin.

2023-11-12 14:30


Kaspa Price Flip and Mining Rewards Reduction Could Lead to Further Upside For KAS: Expert

The price of Kaspa (KAS), a cryptocurrency focused on scalability and security, could be set for significant upside following recent developments impacting mining rewards. According to Kaspa enthusiast Twitter account ‘@KaspaEnthusiast’, the rewards for mining KAS were reduced today around 5pm UTC from approximately 165 to 156 KAS per block.

2023-11-6 19:00


Kaspa (KAS) price rising after CoinPal integration

Kaspa (KAS) price has surged 31% in the last 7 days and 4% in the last 24 hours. Kaspa was on June 22 integrated on CoinPal. CoinPal is a leading cryptocurrency payment service provider. While yesterday’s Kaspa integration with CoinPal is not the sole reason why Kaspa (KAS) price is rising, the integration has added […] The post Kaspa (KAS) price rising after CoinPal integration appeared first on CoinJournal.

2023-6-23 17:00


Kaspa: почему KAS, лидера новой эпохи PoW, называют наиболее подходящей криптовалютой для будущего?

Упоминание блокчейнов PoW часто вызывает споры о таких проблемах, как высокая задержка, медленное подтверждение транзакций и низкая пропускная способность. PoW — старейший механизм консенсуса в блокчейне, и проекты, использующие PoW, прикладывали немало усилий в попытке решить эти проблемы.

2023-6-9 11:51


Фото:

Апрель для 2Miners: добавление Kaspa и снижение награды за блок в сети Ergo

Рассказываем, какими были итога апреля 2023 года для популярного майнинг-пула 2Miners. Судя по всему, ключевым событием стало добавление Kaspa KAS для добычи. Однако это ещё не всё.

2023-5-3 15:50