Analyst Says This Is When He Will Go All In On Kaspa (KAS)

Popular YouTube channel Crypto Galaxy recently released a video analysis titled “This Is When I’m Going ALL IN Kaspa!!” detailing their outlook and trading strategy for the up-and-coming Kaspa cryptocurrency.

Crypto Galaxy clarifies that “going all in” is not meant literally but rather indicates plans to continue steadily accumulating KAS tokens in anticipation of much higher prices:

” I don’t mean I’m putting my entire life savings into this thing. What I mean by all in is I’m gonna be buying a lot more Kaspa.”

The analyst expects some near-term consolidation and pullbacks after Kaspa’s massive rally since launch, presenting opportunities to purchase at discounted levels:

“We did have that little bit of a dump off the highs here. And that is very typical in crypto when essentially these things pump very hard, they have to have a little bit of correction. “

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Upside price targets toward $1 in late 2024 suggest over a 10x gain from current levels near $0.09. However, Crypto Galaxy first anticipates fluctuations between $0.055 and $0.082 over the next several months. By establishing support above the prior $0.05 all-time high, the analyst contends Kaspa’s new elevated price range will signal ongoing strength.

Crypto Galaxy advises traders to aim to buy pullbacks, with levels around $0.075 to $0.082 appearing particularly attractive for accumulation ahead of the next sustained upside move. Periodic consolidations and dips should provide opportunities to purchase prior to potentially retesting the $1 area later this year.

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Rene Peters
Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.