Kaspa (KAS) Price Analysis for Today, September 2 – KAS Technical Analysis
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Kaspa
(KAS)
continues
to
hold
a
strong
position
in
the
cryptocurrency
market,
with
a
current
price
of
$0.159.
It
boasts
a
market
capitalization
of
$3.94
billion
and
a
24-hour
trading
volume
of
$49.7
million.
Kaspa
is
ranked
#22
on
CoinMarketCap,
reflecting
its
solid
presence
in
the
industry.
KAS
Key
Statistics
-
Current
Price:
$0.159 -
Market
Cap:
$3.94
billion -
Trading
Volume
(24h):
$49.7
million -
Circulating
Supply:
24.60
billion
KAS -
Total
Supply:
24.60
billion
KAS -
CoinMarketCap
Ranking:
#22
Despite
a
decline
of
21.27%
from
its
peak
over
the
past
30
days
and
a
7.75%
drop
in
the
last
7
days,
Kaspa
has
demonstrated
resilience,
with
a
26.83%
recovery
from
its
lowest
prices
in
the
past
month
and
a
modest
1.16%
increase
over
the
last
week.
KAS/USD
Market
Analysis
Key
Levels:
Resistance:
$0.172,
$0.180,
$0.200
Support:
$0.156,
$0.145,
$0.135
KAS/USD
is
currently
hovering
near
the
$0.156
support
level,
close
to
the
lower
Bollinger
Band,
which
suggests
a
possible
rebound.
The
MACD
line
is
just
below
the
signal
line,
indicating
that
the
bearish
momentum
might
be
losing
strength.
If
KAS
can
maintain
its
support
at
$0.156,
it
could
target
resistance
levels
at
$0.172
and
$0.180.
A
successful
breakout
above
these
levels
could
pave
the
way
for
further
gains
towards
$0.200.
Will
KAS
Rebound
and
Sustain
an
Uptrend?
Kaspa’s
current
market
movements
suggest
a
cautious
optimism.
The
cryptocurrency
has
shown
an
ability
to
recover
from
downturns,
and
if
it
can
hold
above
key
support
levels,
there
is
potential
for
a
bullish
reversal.
A
crossover
of
the
MACD
line
above
the
signal
line
could
confirm
this
shift,
targeting
resistance
at
$0.172.
However,
if
the
support
at
$0.156
fails
to
hold,
KAS
may
see
further
consolidation.
Kaspa
To
Witness
An
Entirely
New
Ecosystem
KAS/BTC
Performance
Insights
In
the
KAS/BTC
pair,
Kaspa
is
trading
at
0.000027492
BTC,
having
tested
resistance
near
0.000028884
BTC.
The
pair
is
positioned
near
the
middle
Bollinger
Band,
indicating
a
balanced
market
sentiment.
The
MACD
suggests
a
neutral
outlook,
with
potential
for
movement
in
either
direction.
A
breakout
above
0.000028884
BTC
could
see
the
pair
advancing
towards
0.000030000
BTC,
while
a
drop
could
test
support
at
0.000025988
BTC.
However,
@AMCryptoAlex,
with
a
following
exceeding
11k
on
X
(formerly
Twitter),
points
out
that
KAS
is
notable
as
one
of
the
few
fair
launch
projects
in
the
market.
Impressively,
it
has
only
fallen
22%
from
its
All-Time
High,
a
performance
on
par
with
#BTC.
$KAS
parabola
is
still
intact.
It’s
one
of
the
few
fair
launch
projects
with
$1B+
MCap.
It’s
down
only
22%
from
its
ATH,
which
is
the
same
as
#BTC.
I’m
keeping
an
eye
on
the
$0.2
level,
as
if
it
manages
to
break
above
it,
KAS
will
hit
another
ATH.
pic.twitter.com/Cu5CyEXyhS—
AMCrypto
(@AMCryptoAlex)
September
1,
2024
Alternatives
to
Kaspa
Kaspa
(KAS)
remains
a
significant
player
in
the
cryptocurrency
market,
with
a
robust
market
capitalization
of
around
$3.94
billion
and
a
strong
presence
in
the
cryptocurrency
blockchain.
However,
another
emerging
contender
worth
noting
is
Pepe
Unchained
($PEPU),
which
has
raised
$11.5
million
in
its
presale
as
it
gears
up
for
a
major
DEX
launch.
The
presale
is
accessible
to
everyone
with
no
minimum
investment,
making
it
easy
for
anyone
to
participate.
Pepe
Unchained
has
allocated
20%
of
its
$8
billion
total
supply
for
the
presale,
30%
for
staking,
and
20%
for
marketing,
ensuring
a
strong
foundation
for
growth
and
market
visibility.
Prioritizing
security,
10%
of
the
supply
is
dedicated
to
liquidity
to
minimize
slippage
and
reduce
the
risk
of
rug
pulls.
The
smart
contract
has
undergone
rigorous
audits
by
SolidProof
and
Coinsuit,
boosting
investors’
confidence.
Additionally,
Pepe
Unchained
is
developing
a
Layer
2
network
that
offers
reduced
gas
fees,
which
is
appealing
to
both
traders
and
investors.
This
network
will
include
a
block
explorer
and
instant
bridging
between
its
chain
and
Ethereum,
enhancing
convenience
and
efficiency.
With
its
solid
fundamentals,
community-driven
approach,
and
strong
security
measures,
$PEPU
is
well-positioned
as
a
leading
meme
coin
with
the
potential
for
significant
returns
in
Q4
2024.
This
could
represent
a
valuable
long-term
investment
opportunity.
Related
News
Most
Searched
Crypto
Launch
–
Pepe
Unchained
-
Layer
2
Meme
Coin
Ecosystem -
Featured
in
Cointelegraph -
SolidProof
&
Coinsult
Audited -
Staking
Rewards
–
pepeunchained.com -
$10+
Million
Raised
at
ICO
–
Ends
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