With the price of Kaspa bouncing around $0.11, how high can it still go this bull run? An analyst from the Altcoin Doctor YouTube channel addressed this exact question and outlined what he considers a “realistic” Kaspa price target for the current cycle. The video blends macro signals with technical tools like Fibonacci levels to make sense of where KAS might be heading.

Kaspa (KAS) was trading near $0.11 and sat at rank #36 with a market cap of roughly $3 billion at the time of the video. The analyst begins by applying the Fibonacci price prediction tool on the weekly chart to frame the potential upside. He sets the first realistic target at $0.30, describing it as the point where investors might start to “take chips off the table.” This would mark an almost 200% increase from current levels.

The second and more ambitious target he identifies is $0.71. This is based on the 4.236 Fibonacci extension level and represents a potential 500% gain. According to him, both of these levels are firmly grounded in technical analysis and represent his personal zones for profit-taking during the bull run.

Beyond just the KAS price, the video from Altcoin Doctor highlights broader macro and market-wide indicators. One of the key points made is that macro trends are often overlooked in crypto, yet they remain incredibly important in predicting major market moves. The analyst refers to the USDT dominance chart, pointing out how it topped in December 2022, which marked a bottom for crypto at the time. With USDT dominance now falling again and heading toward 3.77%, it’s a signal that more money is flowing into crypto markets.

He also touches on the total crypto market cap, which is currently holding support at around $3.3 trillion. His projection for this bull run places the market cap as high as $5.62 trillion, based on the 1.618 Fibonacci level. That kind of growth, according to him, reinforces the upside potential not just for Bitcoin, but especially for altcoins like Kaspa.

Read Also: Can Kaspa (KAS) Reach $10 by 2030?

Another key signal he monitors is the altcoin market cap, which excludes Bitcoin. He sees a likely retracement to around $1.1 trillion before a surge toward $2.4 trillion. All of this hinges, however, on Bitcoin dominance falling. Just like in December 2020 when Bitcoin dominance dropped and altcoins exploded, he expects a similar move to kick off another altseason.

Altcoin Doctor outlines a detailed and data-driven roadmap for where Kaspa price could head. By combining Fibonacci targets with larger macro insights like USDT flows, total market cap levels, and BTC dominance trends, he makes a strong case for KAS potentially reaching $0.30 and $0.71 in this bull run. It’s a “realistic” outlook that doesn’t rely on hype but rather on signals that have played out before.

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The post Top Analyst Points to ‘Realistic’ Kaspa Price Target for This Bull Run appeared first on CaptainAltcoin.

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