Crypto analyst Donny shared a detailed market outlook for Kaspa (KAS) and Ethereum (ETH), highlighting their potential to outperform during a bullish cycle.
The analysis, supported by chart insights, suggests that liquidity flows from Ethereum (ETH) to Layer 1 tokens like Kaspa (KAS) could drive exponential growth. The projections highlight the dynamics of alt-season, where smaller-cap assets often outpace market leaders.
What you'll learn 👉
KAS Chart Shows Promising Setup for Breakout
The KAS price chart indicates a consolidation phase following a sharp reversal from previous lows. According to Donny’s analysis, the asset recently bounced off a key support level near $0.12 after a liquidity grab, a common precursor to institutional accumulation.
Resistance levels at $0.22-$0.23, labeled the “Full Send Line,” are expected to test bullish momentum. Intermediate support at $0.16 offers a critical level for price stabilization.
Donny projects that a successful breach of the resistance could trigger a parabolic rally for KAS. This aligns with its potential to deliver 12-15x returns from current levels, as stated in his tweet.
ETH Trends Support Bullish Continuation
Ethereum’s chart reveals a strong upward trend, with the price breaking a key resistance around $3,200. A period of re-accumulation suggests sustained buying interest, positioning ETH for further gains.
The expert’s chart highlights the $4,400-$4,500 range as an upcoming test before a potential push toward new highs around $5,600 and beyond.
Support zones at $3,200 and $2,800 provide strong bases for upward movement. Donny’s projections place ETH’s potential gains at 4-5x from current levels, targeting a range of $12,800-$16,000 during this cycle.
Read also: Why Is Avalanche (AVAX) Price Doubling? Key Chart Analysis Revealed
Liquidity Rotation Expected to Fuel Alt-Season Gains
Donny’s tweet emphasizes the cyclical nature of the crypto market, where capital often rotates from ETH into smaller Layer 1 projects during periods of euphoria. This pattern could favor KAS, with projections suggesting it could outpace ETH by at least three times.
Market dynamics indicate that ETH’s rally may set the stage for broader alt-season momentum. With KAS showing signs of accumulation and a potential breakout, the asset could capture substantial liquidity as the market enters a bullish phase.
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