Kaspa was not immune to the biggest crypto crash in history and now, a few days later, the KAS price is still struggling. It recovered to over $0.11 post-crash, but has now quickly retracted to the $0.09 range.
YouTuber Freeman bought $10,000 in Kaspa during the recent market crash, acquiring 100,000 KAS tokens. Freeman believes that the Kaspa price will rise to $1 or higher in the short term, a potential 10x increase from current levels. The technical analysis suggests a mini head-and-shoulders pattern formation, with a possible retest of the $0.08 level. Freeman notes that if Bitcoin experiences a 15-20% correction, Kaspa could see deeper price drops. However, he emphasizes that the RSI historically shows strong recoveries following oversold conditions. Freeman’s analysis is set against the backdrop of the broader crypto market, which he believes is poised for another wave of growth.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
