Jesse Ai, a crypto analyst, discusses the potential of Kaspa in the bull run, suggesting that the price of $0.50 is merely the starting point.
He notes that Kaspa has been developing a broadening wedge pattern over the past year, with a solid support level at $0.10, which he attributes to “gamma support” linked to the introduction of Binance Futures.
This concept mirrors Bitcoin’s own support level at $35,000, established with the launch of Coinbase Futures.
Read Also: Ripple (XRP) Price to Have an “Easy Path” to $8 Once This Resistance Breaks
Strategic Positioning for Bull Run
According to Ai, these “gamma support” levels are strategically managed by investment bankers to protect their initial investments in Bitcoin ETFs and Marathon Digital’s Kaspa hardware.
He anticipates that as the 10BPS upgrade is implemented and the Federal Open Market Committee (FOMC) pauses quantitative tightening, Kaspa is well-positioned for substantial price increases, starting the bull run at $0.50 and aiming for a spot among the top 15 largest market capitalizations.
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