{"id":8550,"date":"2025-06-06T12:25:00","date_gmt":"2025-06-06T11:25:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=8550"},"modified":"2025-06-06T11:09:45","modified_gmt":"2025-06-06T10:09:45","slug":"kaspa-kas-bullish-signal-price-rally","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/kaspa-kas-bullish-signal-price-rally\/","title":{"rendered":"Kaspa (KAS) Flashes Bullish Signal : Big Rally Ahead ?"},"content":{"rendered":"\n

Kaspa (KAS) : Does the Double Bottom Signal a Rebound ?<\/h2>\n\n\n\n

The cryptocurrency<\/a> market continues to experience corrections<\/strong>, with most major cryptos plunging into the red. The latest clash between Elon Musk and Donald Trump<\/strong> added additional bearish pressure, briefly causing Bitcoin<\/a> (BTC) to drop to around $100,600<\/strong> and Ethereum<\/a> (ETH) to $2,420<\/strong>. This mini-correction also impacted several altcoins, including Kaspa (KAS).<\/p>\n\n\n\n

After hitting a 24-hour low of $0.07968<\/strong>, Kaspa returned to the green. However, a weekly drop of over 10%<\/strong> indicates significant volatility. Despite this, Kaspa’s technical structure shows encouraging signs of a potential rebound.<\/p>\n\n\n\n

Double Bottom Pattern and Bullish Divergence<\/h2>\n\n\n\n

The formation of a double bottom pattern on the 4-hour chart of Kaspa is a classic signal of a bullish reversal. This technical pattern often suggests a strong uptrend ahead.<\/p>\n\n\n\n

The pattern began to form on May 30, with an initial decline followed by a slight recovery. However, on June 3, the price was rejected near the neckline at $0.092<\/strong>, leading to a second decline – the second bottom – to the day’s low at $0.079<\/strong>.<\/p>\n\n\n

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\"Kaspa<\/figure>\n<\/div>\n\n\n

This double bottom could be the long-awaited turning point for Kaspa.<\/p>\n\n\n\n

Additionally, the RSI on the 4-hour and 12-hour charts indicate a bullish divergence, a sign that buyers and demand are returning strongly.<\/p>\n\n\n\n

Outlook for Kaspa (KAS)<\/h2>\n\n\n\n

If Kaspa manages to sustain its current bullish momentum and break above the neckline at $0.092<\/strong>, it would validate the double bottom pattern. A confirmed breakout, ideally followed by a retest, could pave the way for a potential rally towards $0.10<\/strong>. This would represent an increase of approximately 20%<\/strong> from the neckline and 30% from the current level.<\/p>\n\n\n\n

In case of a decline, the POC at $0.064 could mitigate the drop to establish a bottom in the demand zone between $0.068 and $0.056<\/strong>.<\/p>\n\n\n\n

The upcoming days and weeks will determine the outlook for KAS. However, it is primarily Bitcoin that will dictate the fate of KAS and other altcoins.<\/p>\n\n\n\n

Traders will be particularly vigilant for volume and strength confirmation above this neckline. These elements will be crucial to ensure a sustainable uptrend in the coming sessions.<\/p>\n\n\n

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\"KAS<\/figure>\n<\/div>\n\n\n

In conclusion, Kaspa (KAS) presents encouraging technical signals<\/a> with the formation of a double bottom pattern and bullish divergences. However, the trend remains bearish until KAS breaks the protected high<\/strong> in the short term at $0.107.<\/strong><\/p>\n\n\n\n

Indeed, a protected high is a level where smart money has placed massive sell orders, anticipating resistance and pushing the price downwards.<\/p>\n\n\n\n

This protected high corresponds to the last peak before the breakout of the bullish trend on May 30.<\/p>\n\n\n\n

How to Buy Kaspa (KAS) on Bitget ?<\/h3>\n\n\n\n

Despite the turbulence, KAS remains one of the most promising altcoins in the market. Here is a guide to get it now on Bitget:<\/p>\n\n\n\n

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  1. Sign up on Bitget<\/strong>: Visit Bitget<\/a> or download the app. Create an account with your email or phone number and a secure password.<\/li>\n\n\n\n
  2. Verify your identity<\/strong>: Go to the “Verification” section, submit your identification document (passport, ID card), and a selfie to validate your account.<\/li>\n\n\n\n
  3. Deposit funds<\/strong>: Click on “Deposit” and choose a method: credit\/debit card, bank transfer, or deposit a cryptocurrency (e.g., BTC, USDT).<\/li>\n\n\n\n
  4. Buy Kaspa (KAS)<\/strong>: Go to “Buy Cryptos”, select “Kaspa (KAS)”, choose your currency (EUR, USD, etc.), enter the amount, and confirm.<\/li>\n<\/ol>\n\n\n\n
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    Buy KAS on Bitget today !<\/a><\/div>\n<\/div>\n\n\n\n

    More on this topic :<\/strong><\/p>\n\n\n\n