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Kaspa price has seen a 28% increase in the last 24 hours to trade on $0.1088 as of 7:49 I am est.
The rise can be attributed to new developments such as KAS’s integration with the OKX wallet and its news of an upcoming $1 million airdrop.
The campaign looks great! Thank you @CoinPal_io! We will be launching the #XSpaces Last week’s interview today, so stay tuned! https://t.co/fgu6pQ6nJA
— Caspio (@CaspaCurrency) November 15, 2023
Kaspa’s trading volume has also seen an 88% increase in the last 24 hours to reach $84.05 million.
KASPA Price: Bulls May Be Prepared to Hit New Highs
KASPA price has been trading in wave patterns since its inception, with each bullish wave growing in size and generating significant price increases. These waves are classified as wave 1, wave 2, wave 3 and wave 4.
The bullish momentum has led KAS price to break above the resistance threshold of $0.042 in wave 3. After a brief pullback to the support level of $0.034, the bulls found support and regained price control.
The bulls are currently in the fourth wave and facing a minor setback around the $0.095 resistance level. A breakout at this key level could trigger a major bullish move. The price has encountered two bounces during its ascent, confirming the possibility of a rally beyond the crucial resistance of $0.078.
KAS is trading above the 50-day and 200-day simple moving averages, indicating the prevailing bullish sentiment. Furthermore, these moving averages intersect at $0.024, signifying support for sustained bullish momentum.
The Relative Strength Index (RSI) has seen a slight decline. However, it remains above the overbought region of 70, indicating intense buying pressure.
Kaspa price support at $0.078
Based on the analysis, KAS appears poised for another bullish surge. On the contrary, if there is a candle close below the parabolic curve, the price may find support at the lower uptrend line at $0.078.
If you missed the KAS bull run, consider joining the BTCMTX pre-sale, which has experienced a notable increase and presents attractive potential returns.
BTCMTX: Pre-sale is quickly approaching $4.68 million minimum capital
The pre-sale of BTCMTX is now in its 7th stage, and has already raised an impressive $3,987,855 with less than 2 days left before it concludes.
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The BTCMTX team has allocated the funds for various purposes, including supporting bitcoin mining operations, launching the platform, trading tokens, creating a cloud mining facility, and obtaining a lease to long term for said installation.
15 percent of the tokens are reserved to reward community members, and 8% will be reserved for staking rewards on BTCMTX until development of the bitcoin Minetrix cloud mining platform is complete.
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The project also offers more ways for investors to enhance their potential rewards and earn a significant prize through their participation. As an added incentive, there is the chance to win a $3,000 prize by participating in the $30,000 Minedrop Airdrop Contestwith 10 lucky winners eligible for this attractive prize.
You will also be able to earn additional BTCMTX tokens and generate mining credits using the staking mechanism to mine once the app is launched. This means that the BTCMTX tokens you have staked will steadily contribute to increasing your bitcoin cloud mining profits over time.
Jacob Bury, a YouTuber with over 23.7k subscribers, explains how to buy and stake BTCMTX tokens. He also backs it up with a personal investment in the pre-sale.
You can participate in this pre-sale by connecting your wallet to the official website of BTCMTX and use the pre-sale widget for token acquisition. You can buy BTCMTX tokens using eth, USDT, BNB or a bank card.
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