At press time, KAS traded at $0.1896, a 6.4% rise in 24 hrs. At the same time, KASPA has reported a 45.95% rise in trading volume to $129M.This sustained surge has left everyone with crypto analysts speculating further growth. Renowned analystsIn a post shared on X , he stated that,“According to the power law support corridor, which hasn’t been broken since genesis, $KAS will reach $18 in June 2029, just in 5 years.
At press time, the positive index at 31 was above the negative index at 24. This showed a strong buying pressure and a well-sustained uptrend.Also, AO measures prevailing market momentum at 0.021. When AO is above zero, short-term momentum is stronger than long-term momentum, a bullish signal.Looking further, our analysis of Coinglass shows KAS market sentiment is highly positive, with a sustained upward momentum.
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