After declining to $ 0.056 during the latest collapse in the market, the price of KASPA managed to bounce and is now trading over $ 0.072. A positive sign is definitely that KASPA had one of the strongest rabbit more than 20 % of its lowest levels compared to the highest alkins.
Have you heard about the new Crypto Youtube “Qustemibleanalys”? The graph analysis is published on a daily basis of popular coins and has updated KASPA prices in one of the last videos.
Caspa decisive price levels
In his latest analysis, the impossible analysis reviewed the recent price movements in KASPA with disappointment. Instead of reversing at expected support levels, Kaspa penetrated them, forcing to update the Fibonacci reaping levels that he uses for technical analysis.
The analyst determines $ 0.076 as the decisive level of viewing now. As long as Kaspa remains less than this price point, the market remains down. Currently, the price appears to be stuck in this resistance level, struggling to penetrate.
If KASPA is able to pay up to $ 0.092, this will appear some strength, but according to the analysis, it will continue to work in a declining direction. However, a $ 0.092 fracture can be the first sign that the bottom actually.
Predicting price kas
Kaspa’s total downward trend began in July last year and continues to influence price movement. The main resistance is located at 0.11-0.12 dollars. Even if KASPA rises to $ 0.12, it is still technically in a declining style according to the analysis.
In order to really go up the upper reflection, KASPA needs to break more than $ 0.12. If this happens, the impossible analysis indicates that the highest new level ever can be in play, with possible goals of up to $ 0.30.
On the landmark, if Kaspa fails to break more than $ 0.076, the market expectations remain negative. In this scenario, the analyst is a potential decrease to $ 0.04 -0.046 dollars, as it was a support zone.
The path for KASPA is quite clear according to this technical analysis: to break more than 0.076 dollars in avoiding a decrease to $ 0.048, while exceeding $ 0.092 will completely nullify the declining scenario. In the end, the pressure is likely to indicate more than 0.126 dollars to an absolute height, while failure to break $ 0.076 can send the price to $ 0.046.
Also read: Pinpoints Experts are the best time to accumulate KASPA (KAS) – the latest to upgrade
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