Will Kaspa (KAS) Bounce to Continue Its Rebound? This Fractal Says Yes!

By: coinsprobe|2025/05/04 07:30:01
0
Share
copy
Date: Sun, May 04, 2025 | 06:56 AM GMTAfter a rough start to 2025—where even Ethereum (ETH) slumped by 45% in Q1—the crypto market is finally showing signs of life. ETH has bounced back by over 32% from its April 7th low, and this bullish energy is spilling over into major tokens as well.However, among altcoins today, Kaspa (KAS), after making a strong rebound of 42% in the last 30 days, is trading slightly in the red, down by over 5%. Despite this temporary pullback, a promising fractal pattern might just clear the fog about Kaspa’s potential next move.Source: CoinmarketcapKaspa (KAS) Mirrors Past Breakout SetupA closer look at the KAS 1-day chart reveals something interesting. On the left side of the chart, which shows the June–July 2023 setup, KAS was stuck in a prolonged downtrend marked by a clear descending trendline. After weeks of grinding lower, it finally stabilized within a grey accumulation zone. What followed was a breakout above both the 50-day and 100-day moving averages—signals that confirmed a shift in momentum. The breakout was followed by a small pullback (highlighted in red), before KAS took off in a steep rally, gaining more than 150% with in a month. /* Center the image */ .image-container { text-align: center; margin: 20px 0; } /* Ensure image is large in the post */ .image-container img { width: 100%; max-width: 940px; height: auto; cursor: pointer; /* Change cursor to indicate clickability */ transition: opacity 0.3s; } /* Hover effect to indicate interactivity */ .image-container img:hover { opacity: 0.8; } /* Main image caption */ .image-caption { font-size: 14px; color: #555; margin-top: 5px; } /* Full-view hint caption */ .click-hint { font-size: 14px; color: #007bff; /* Blue color for emphasis */ cursor: pointer; text-decoration: underline; margin-top: 3px; } Kaspa (KAS) Fractal Chart/Coinsprobe (Source: Tradingview) Fast forward to the present, and the pattern is eerily similar. The right side of the chart shows the current 2025 price action: another steep downtrend, another grey accumulation base, and another breakout above the 50-day and 100-day moving averages. Just like before, the breakout was followed by a red zone pullback where the price is currently trading at $0.092, suggesting that history could be repeating itself—if it makes a bounce.What’s Ahead?If KAS continues to follow this fractal structure, the price could be on track to hit the $0.17 to $0.19 range in the coming weeks marked in green projection lines—a move that would represent a further 90% gain from the current level.That said, caution is warranted. If the price fails to hold support of 100-day MA and the level of $0.08292, it could be the first early warning sign that this bullish setup is starting to weaken. A break below that level might invalidate the fractal pattern and suggest that more consolidation is needed before any real upside can resume.For now, Kaspa traders and fractal watchers alike will be paying close attention. History might not repeat exactly—but it often rhymes.Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.

-- Price

--

You may also like

Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog

WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.

How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?

The competition logic of exchanges has changed.

Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?

A programmer from a big tech company bought hard drives on Pinduoduo and, following clues, managed to accurately capture the sixfold rising stock Seagate using the "finding daily anomalies + 13F institutional verification" framework, making a wild profit of $400,000 and achieving financial freedom.

Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited

As an important milestone event in the stablecoin landscape, OUSD is likely to change the existing stablecoin landscape and significantly increase the adoption rate of stablecoins in the global financial system.

WEEX Launches Depth Chart for Spot Trading

WEEX Spot now supports Depth Chart, helping users visualize buy and sell orders, spot liquidity walls, and understand market depth more clearly before placing trades.

MiCA reshuffle begins, Binance temporarily bids farewell to the EU

What Binance leaves behind is not scattered retail investors, but a whole batch of high-value users who are forced to liquidate and have almost nowhere to go.

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com