Could Kaspa (KAS) Fractal Patterns Forecast a Price Surge? Analyst Draws Parallels to Cardano and Ethereum’s Past Cycles
Kaspa (KAS) may be poised for significant price growth if historical patterns repeat, according to cryptocurrency analyst Cryptographur. In a recent Twitter thread, Cryptographur overlayed Elliot wave analysis and identified a fractal pattern on Kaspa’s all-time price chart.
Elliot wave analysis attempts to forecast price moves by identifying repeating wave patterns. Cryptographur’s chart shows a pattern that could signal that the next move is a large upward wave.
Adding a layer of complexity, Cryptographur introduces fractals paired with a Fibonacci extension. Drawing parallels to past cycles, notably ADA and ETH, which surged beyond a full extension of the 4.236, the burning question emerges: Can $KAS replicate the same feat?
As Bitcoin gains momentum, the spotlight shifts to altcoins like KAS. The chart suggests a narrative of potential growth, but as any seasoned investor knows, caution is key. The market, after all, is a dynamic arena.
Beyond the charts, Cryptographur emphasizes the fundamental undervaluation of KAS. While technical analysis provides a roadmap, fundamentals often lay the groundwork for sustained growth. Could the current undervaluation be a hidden gem waiting to shine?
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With the crypto space buzzing, the speculation on KAS is palpable. As Bitcoin paves the way, all eyes are on whether Kaspa can defy expectations and follow in the footsteps of its predecessors, ADA and ETH.
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