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Crypto News

How high Kaspa is this course? Kas price analysis

The cryptocurrency market has always seen explosive growth courses, as many projects have seen large prices. KASPA (KAS) is currently being placed as a possible large player in the current market cycle, despite the relatively modest market value.

Derek Marshall, cryptocurrency, shared his upscale outlook about the capabilities of the Kaspa price. He pointed out that while Kaspa is currently located with a $ 2 billion market ceiling, it provides technological advantages as faster Proofchain work I was built from ever.

Marshall refers to the peak of the previous market tournament to create realistic goals for KASPA. He pointed out that AVAX reached the maximum market of $ 40 billion in 2021, while Sol rose to 90 billion dollars in the same year. BNB topped both $ 115 billion in 2022.

Currently, Kaspa is sitting only The market ceiling is $ 2 billionWhich indicates a large room for growth. Marshall emphasizes KASPA technological advantages as the fastest evidence on the ever created proof. It highlights the features of real expansion and the absence of manipulation of investment capital, which often affects other encrypted currency projects.

Based on these basics and historical comparisons, Marshall suggests that the maximum market is of $ 50+ billion dollars is not only possible, but it will be possible for KASPA this tournament. This would translate into about $ 2 per code – represents a significant increase in current levels.

Kas price analysis

The price of KASPA broke out to less than 16 months of support last month of the candlestick and continued to struggle without it since then with the deportation of declines and trade. The main level should be broken at about $ 0.09 and is now a resistance to the reversal of the direction.

The price of Kaspa will continue in the struggle as long as it is under this main level. The main level fracture may lead to a new upward trend with the possibility of moving towards its highest levels in the following months.

The current technical situation shows a critical resistance level that must be overcome. The previous long-term support has turned around $ 0.09 -0.10 dollars to the resistance after the February collapse. This support -resistant face is a classic technical pattern that often requires a great purchase pressure on the other hand.

Also read: What is the value of the distinctive symbols of 17000 KASPA (KAS) by 2026?

In order for Kaspa to realize its potential in this course, it needs to restore this main level with the condemnation. Until then, the price procedure remains down, with the next main support is about $ 0.047 if the sale pressure increases again.

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