Price of Kaspa Soars Amid Increased Speculations! How Much Higher Can KAS Prices Go?

Price of Kaspa Soars Amid Increased Speculations! How Much Higher Can KAS Prices Go?

The crypto industry witnessed a massive uptrend in value as the total market cap has recorded a gain of over 5%, with Kaspa’s price outperforming the industry by adding over 47% within the past day.

Following rumors of possible expansion in the Bitcoin cloud mining phenomenon, the price of Kaspa skyrocketed. In addition, KAS’s integration with the OKX wallet and the upcoming $1 million airdrop are slated to take place in the coming days.

Following rumors of possible expansion in the Bitcoin cloud mining phenomenon, the price of Kaspa skyrocketed. In addition, KAS’s integration with the OKX wallet and the upcoming $1 million airdrop are slated to take place in the coming days.

For a brief moment, the KAS price was seen moving in a closed range between $0.04559 and $0.05325. Furthermore, despite the market suffering a price pump in October, the price demonstrated a lackluster price movement. November began on a high note, with the price successfully breaking through the upper level.

Following this, the coin experienced huge price movement and set a new yearly high. The Kaspa coin was then rejected at $0.09732, resulting in a price correction of more than 10%.

The price of Kaspa recovered pace, broke through the resistance level, and proceeded to rise in value. Recently, the price was rejected at $0.13701, and the price is ready to revisit the level soon, with an unknown outcome.

The MACD histogram is increasing green, signifying significant continued buying and selling power. Furthermore, the averages show a consistent climb in the chart, indicating that the price will continue to grow in the following days.

If the bulls take the price over the $0.13701 resistance level, the KAS price will gather impetus and prepare to test the highest resistance level of $0.1500 shortly. Maintaining the price at that level will pave the way for Kaspa to try its resistance level of $1.72 in the near future.

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