On February 20, the #Kaspa token reached a fresh all-time high, peaking near $0.19, but subsequently experienced a retracement.
Despite facing the bearish trend, Kaspa's price has consistently upheld support above $0.10.
#Kaspa ($KAS) formed a week-long zigzag pattern, breaking above the key resistance at $0.1350 today but quickly retraced below it.
On the daily chart, $KAS displays Three White Soldiers, indicating a sustained bullish trend.
On the daily chart, KAS broke the descending trendline and is maintaining its position above it.
As per Coingabbar analysis, If Kaspa's price exceeds the $0.15 resistance level this month, it could potentially trigger a rally towards the $0.20 mark.
Bullish outlook relies on Kaspa surpassing $0.14 resistance. Failure may lead to retreat to $0.10 support, potentially extending downward trend.
KEY LEVELS :
RESISTANCE LEVEL : $0.160000-$0.200000
SUPPORT LEVEL : $0.100000-$0.055000
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