The price of KASPA has continued to interview another 10% bomb. This means that KAS is again in the leading crypto gainers.
The YouTube channel 'Sin City Crypto' posted a video guessing video of viral predictions yesterday to their nearly 100k subscribers.
Kashpa Chart Breakout shows strong bullish momentum
The kasha was officially damaged from its downtrend, which flowed into a ranch in the day -to -day chart. The price rally from around $ 0.05 to $ 0.10, marking a significant 50-60% gain. Many technical indicators prove this bullish momentum.
The price of KAS broke up above the ichimoku cloud and closed a sunny candle above it. The conversion line (9-day moving average) crosses above the baseline (26-day moving average). A cloud twist to green indicates a clear momentum shift.
The price of KASPA has booked from a 78.6% level of fibonacci retracement, forming a double pattern underneath. Entrepreneurs are watching the Golden Pocket Zone between $ 0.0836 and $ 0.0898, which is expected to serve as a pullback/retest area before the next potential move.
After a bounce from this zone, the next target sits around $ 0.1127, representing a 50% level of secret. This setup suggests a possible trading opportunity: Entering a long $ 0.0836 with an exit near $ 0.1127.
Crescendo upgrade: a milestone that changes game
The main catalyst for KASPA's recent price action is the upcoming Crescendo V1 upgrade scheduled for May 5. This technological milestone will accelerate the KSPA blockchain from 1 block per second to 10 blocks per second.
If successful, this upgrade will make KASPA the fastest proof-of-work layer 1 blockchain that exists. The community and developers expect a proper implementation of this important upgrade.
Such performance improvement can attract developers and DAPP builders looking for high-performance proof-of-work blockchains. It can expand the kasho ecosystem and use cases.
The Nacho's token appeared as the leading KRC20 token in the KASPA ecosystem. It is widely recognized as a blue chip token with many utilities. Holders can earn a nacho while mining the kashpa and network secure through the pool pool. The token also features an NFT collection with a true utility and part of the Moonbound.gg platform.
Nacho led the KASPA's ecosystem both in the market cap and the number of holders, with approximately 18,000 holders and growing. Market analysts suggest that if KASPA reached a $ 20-50 billion market cover, about 1-5% could flow to Nacho, which would potentially make it a strong investment within the ecosystem.
The foundations behind the Kashpa appear to be strong, along with the upgrade of Crescendo as a potential changing game. The technical setup looks bullish in the sun -day timeframes and also approaches the weekly chart confirmation as well. With increasing speed, fair launch model, and growing ecosystem, Kashpa has established himself as a serious contender in the proof-of-work blockchain sector.
KAPASPA prices can climb higher in the coming weeks, especially with the upgrade of Crescendo V1 coming on May 5. If the upgrade successfully increases Kaspa's speed to 10 blocks per second, making it the fastest proof-working blockchain, we can see stronger price action as more developers and investors. Realistic target prices can be $ 0.15 and then $ 0.20.
Also Read: 2 Basic Reasons Why KashPa (KAS)
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