How Kaspa (KAS) Could Reach the Top 10 in Crypto

Top crypto analyst Crypto ₿ULL God has highlighted an optimistic outlook for Kaspa (KAS) despite its year-long distributive phase. Through X, the analyst shared a detailed forecast, discussing signals that may confirm a potential accumulation phase and a renewed price surge in 2025. 

According to Crypto ₿ULL God, key chart patterns and broader crypto market trends could propel Kaspa into the top 10 by market cap.

Volume and Price Action Indications

Crypto ₿ULL God noted that Kaspa’s one-year distributive phase might signal a transition into accumulation if specific indicators align. Central to this outlook is a focus on volume patterns; lower volume during markdown stages paired with heightened activity during rallies may signal a shift from weak to strong hands. 

Additionally, the emergence of higher lows and higher highs in Kaspa’s price trajectory would indicate progressive buying interest at elevated levels, a typical sign of market strengthening.

The analyst emphasizes the importance of observing these patterns to identify accumulation, as they reveal buyer confidence. As buyers continue to enter at higher prices, the Kaspa market could demonstrate stability and potential upward movement.

Key Support Levels and Market Position

Another focus in Crypto ₿ULL God’s analysis is Kaspa’s resilience around its current support region of $0.09 to $0.10. This zone is essential, as holding this range on the daily close could maintain a stable base for future rallies. According to the analyst, only a consistent break below this support level on a daily candle close basis would raise concerns.

This support level’s relevance is also enhanced by the current bullish sentiment in the broader crypto market. The analyst predicts an expansive bull run in 2025, which could provide the liquidity needed to support and amplify Kaspa’s upward trajectory.

Signs of Institutional Interest and Market Strength

To gauge institutional interest, Crypto ₿ULL God pointed to volume clusters in particular price ranges. Concentrated buying in these clusters could indicate institutional or centralized exchange accumulation, providing a solid foundation for sustained growth. 

Additionally, the analyst highlighted the role of support and resistance zones, as breakthroughs in resistance could signal increasing demand and strength for Kaspa.

Further, Crypto ₿ULL God underscored the value of tracking bullish divergences between price and technical indicators such as the RRSI or MACD. These divergences hint at building momentum, suggesting Kaspa’s potential to recover and strengthen as market interest intensifies.

Celebrate Dogecoin and Make Big Gains with Doge2014!

Doge2014 raises 500K in days celebrating Dogecoin. Make potentially big profits and get in on exclusive airdrop!

Show more +

Read also: Notcoin (NOT) Price Could Surge 60% – Expert Analysis

Broader Market Impact and Peer Comparison

Reflecting on Kaspa’s potential alongside a rising crypto market, Crypto ₿ULL God emphasized the importance of comparing Kaspa’s performance with Bitcoin (BTC) and Solana (SOL). 

Observing Kaspa’s movement relative to these established assets offers insights into its positioning within the market. The analyst expects Kaspa to hold firm and potentially rally, contributing to its reputation as a top contender as the market advances into 2025.

Follow us on X (Twitter)CoinMarketCap and Binance Square for more daily crypto updates.
Get all our future calls by joining our FREE Telegram group.

We recommend eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Tags:

Samuel Munene
Samuel Munene

Samuel is a vesatile and seasoned content editor with a sharp eye for detail and a passion for writing. Web3 techonology is the future! With massive experience in the publishing industry, I specialize in refining and enhancing written material to ensure clarity, coherence, and engaging narratives.

CaptainAltcoin
Logo