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. “
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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