Kaspa (either) climbed over 8%in the last 24 hours, pushing through the 0.10 -Dollaris barrier and signaling the upgraded bullish.
After weeks of consolidation, the price has now been decisively turned to support both the 21-day mother ($ 0.0885) and the 50-day SMA ($ 0.0781), which is a sign of the textbook on the continuation of the trend. As it is currently trading for $ 0.1023, all eyes are on, whether it can test and break through the local height of around $ 0.11 in April.
Kaspa's daily chart paints a bullish picture. RSI holds at 64.6, slightly above the operated territory, leaving the room to continue.
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The stochastic oscillator has risen over 78, strengthening the nearby interest. Meanwhile, the MacD histogram is on the rise, with a gap between the signal and the MacD lines – a sign that the bullish momentum is accelerating. The Super Trend indicator has remained in the shopping mode since the end of April, confirming further.
The recent $ 0.088 is fixed as the lower lowest, forming a pure bullish design with a previous swing of $ 0.072. If buyers can recover $ 0.11, the next logical target is $ 0.127- a central point between April high and long-term endurance. The uprising 21 mothers now act as a dynamic support, nesting smaller setbacks and offering further upside down trigger.
Kaspa basics support the technical strength
Setting up Kaspa Bullish is not just about the architecture underlying Price Action-Selle offers a significant case for long-term vitality.
A block point (targeted acyclic graph), not a traditional linear chain, built Kaspa allows parallel block creation, significantly increasing transaction capacity, without sacrificing security or decentralization. It solves one of the biggest restrictions on Legacy Pow chains like bitcoin: scale. Unlike rolls or side guides, Kaspa reaches these speeds in the base layer.
If Kaspa recovers $ 0.11 and slides it to support, it opens up to $ 0.127 to move the door and potentially $ 0.15-0.20 to the dollar range, which was seen in mid -2012. As the 1th layer competition warms up, the Kaspa mixture may give it an advantage that only price cards cannot catch.
