Kaspa (KAS) Price Analysis and Prediction: Rally-Base-Rally Pattern Spotted by Analyst

The Kaspa price is experiencing a correction today, dropping around 8.5% and currently trading below $0.15. However, KAS holders shouldn’t be too concerned

Kaspa (KAS) price dropped around 8.5% today, currently trading below the $0.15 mark as most altcoins faced selling pressure. In comparison, DOGE dropped by 11.5% in the last 24 hours.

However, a closer look at the Kaspa price chart reveals an interesting technical formation. Popular crypto analyst Marto shared the Kaspa chart with his 30,000 followers on TradingView. The weekly timeframe chart showcases a clear Rally-Base-Rally pattern that has caught the attention of many traders.

Kaspa Price Analysis and Prediction

During the first leg of the rally, KAS surged from around $0.005 to the $0.15-$0.17 range, followed by a healthy period of consolidation. As the price dropped, it found support at the $0.10 level, establishing a solid support zone.

The price has tested this support multiple times, showing its strength as a floor. The key resistance sits at $0.17-$0.18, and a breakthrough above this level could open the path toward $0.30.

The RSI indicator adds to this analysis, currently reading around 54.66, which suggests neutral to mildly bullish momentum. This means the asset isn’t overheated and has room for potential upward movement. The overall trend structure remains bullish, with the price forming higher lows during the base phase.

While the chart doesn’t show volume data, these long-term base formations typically involve periods of accumulation. Marto’s analysis suggests a longer-term perspective rather than a short-term trade, with projections indicating a potential 60-80% upside if the pattern plays out as expected. This aligns with the technical structure visible on the weekly chart, where a breakout above the resistance could trigger the second leg of the Rally-Base-Rally pattern.