Kaspa (KAS) To Soar Higher? Key Harmonic Pattern Signals Potential Upside Move

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Date: Sat, July 12, 2025 | 06:10 AM GMT The cryptocurrency market has reached a historic moment as Bitcoin (BTC) surged to a new all-time high of $118K. Ethereum (ETH) also posted an impressive 17% weekly gain, reinforcing bullish sentiment across the altcoins space. Among the standout performers, Kaspa (KAS) is back on a bullish path with a solid 12% weekly gain. Interestingly, a key harmonic pattern forming on the chart suggests that this move may just be the beginning of a larger upside.

Source: Coinmarketcap Harmonic Pattern Hints at Major Upside Looking closely at the $KAS 1D chart, the Bearish Bat pattern is forming clearly. It started at point X near $0.19, dropped to point A, bounced to B, then fell again to point C around $0.052. From that low, the token has begun recovering, now trading near $0.085, and currently testing the 200-day moving average at $0.093 — a key resistance level.

Kaspa (KAS) Daily Chart/Coinsprobe (Source: Tradingview) According to harmonic analysis, if KAS continues its current leg up (CD wave), the next key area to watch is the Potential Reversal Zone (PRZ), which lies between $0.174 and $0.190. These levels correspond with the 0.886 and 1.0 Fibonacci extensions, where the harmonic pattern typically completes. What’s Next for KAS? If Kaspa decisively breaks above the 200-day MA and holds, it would strengthen the bullish outlook and potentially trigger a +100% rally toward the $0.19 target zone. This would complete the Bat pattern and open the door for profit-taking or possible reversal, as often seen at the PRZ. However, traders should also monitor support at $0.076. A drop below this level may invalidate the harmonic setup and delay any upward continuation. Disclaimer: This article is for informational purposes only and reflects the writer’s personal views. It should not be considered financial advice. Always conduct your own research before investing in cryptocurrencies.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
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KasStirringStickvip
· 13h ago
talking amazing
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GateUser-fb4c7c45vip
· 17h ago
1000x Vibes 🤑
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GateUser-fb4c7c45vip
· 17h ago
1000x Vibes 🤑
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