Kaspa Price Action Now Presents Optimal Entry Point for New KAS Investors to Get the Best Return on Investment (ROI)

Pattern recognition can be a powerful tool for investors seeking to maximize their returns. According to Jim, S𐤊i ₿um, a renowned crypto analyst known as Cryptographur, the price action of Kaspa (KAS) presents a compelling opportunity for new investors to secure the best return on investment (ROI).

Bullish Patterns and Wyckoff Accumulation

Cryptographur’s analysis of the KAS price charts has revealed a bullish pattern that could potentially unfold in a manner similar to the Wyckoff Accumulation model. This model is a widely recognized technical analysis tool to identify potential market bottoms and subsequent price reversals.

According to Cryptographur, the current phase of KAS’s price action is aligned with the “Last Point of Support” stage of the Wyckoff Accumulation pattern in the chart above. This stage typically precedes the “Mark Up” phase, where prices are expected to rise sharply. If this pattern plays out as anticipated, the current price level could offer the best ROI for new investors entering the KAS market.

Stair-stepping Pattern and 100D EMA Support

Adding further credence to his bullish outlook, Cryptographur highlights the presence of a “beautiful stair-stepping pattern” on the KAS charts. This pattern is often associated with a gradual and sustained price ascent, providing investors with multiple entry points along the way.

Moreover, KAS has consistently found support at the 100-day Exponential Moving Average (100D EMA) on various futures exchanges. This moving average has historically acted as a reliable support level, marking bottoms and presenting favorable entry opportunities for traders and investors alike.

Explosion in Meme Coin Market; How to find potential successors to $WIF, $PEPE, and $BONK?🤫

The key? Getting in early, especially during the ICO phase. Check out NuggetRush today! This new memecoin combines play-to-earn gaming with authentic gold mining ventures. Seize the opportunity with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.

Show more +

Divergence from the Larger Market

One of the key factors that sets KAS apart is its ability to diverge from the broader cryptocurrency market trends. As Cryptographur notes, “KAS has never moved with the larger market.” This divergence has been a significant driver of KAS’s growth, as liquidity tends to flow towards the asset when most other cryptocurrencies are in the red.

Cryptographur emphasizes that there has been a recurring pattern of KAS attracting substantial liquidity like “a fire hose” when it is the sole green asset amidst a sea of red in the market. This unique characteristic has been instrumental in fueling KAS’s price appreciation and attracting investor interest.

With multiple bullish confluences converging, including the Wyckoff Accumulation pattern, stair-stepping price action, and support at the 100D EMA, Cryptographur believes that the current price levels present an optimal entry point for new investors seeking to maximize their ROI in the KAS market.

As the cryptocurrency market continues to evolve, analysts like Cryptographur remain vigilant in identifying promising opportunities, leveraging their expertise in pattern recognition and technical analysis to guide investors towards potentially lucrative investment decisions.

You may also be interested in:

Check NuggetRush ($NUGX)

Sponsored: Invest Responsibly, Do Your Own Research.
Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices
A unique play-to-earn gaming platform in the memecoin market
The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience
Fosters a strong community by encouraging physical meetups among members
NFT Integration with Prominent Characters
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.


Vignesh Karunanidhi
Vignesh Karunanidhi

Seasoned crypto writer with deep passion for blockchain and cryptocurrency