Here's Where the Kaspa Price Is Headed as YouTuber Releases New Updates on KAS

You’ve probably heard some chatter about Kaspa if you are even remotely involved in crypto. We at CaptainAtlcoin like to cover KAS frequently

Cryptocurrency YouTuber Crypto ZX recently released a video discussing the latest updates on Kaspa (KAS).

In the video, the presenter begins by highlighting the strong performance of Kaspa over the past week, despite the overall turbulence in the crypto market.

According to the presenter, Kaspa is one of the few coins that managed to pump during this period, with gains reaching nearly 17% on Saturday.

The presenter also notes that Kaspa recovered well from the market crash last week and is still showing strength despite dipping slightly against Bitcoin.

Furthermore, the presenter points out that Kaspa's market cap has now reached $4 billion.

The presenter goes on to discuss the technical aspects of Kaspa's price movements, noting that the coin faced strong resistance at the 23.6 Fibonacci level but is now bouncing back.

Additionally, the presenter mentions that Bitcoin's dominance is still high at around 55%.

Regarding Kaspa's future prospects, the presenter expresses optimism, stating that the coin is not yet listed on any major exchanges, which could lead to significant price movements once it does.

Moreover, the presenter highlights the upcoming development of smart contracts for Kaspa, which could be a major catalyst for the coin's growth.

However, the presenter also emphasizes that Kaspa's price is closely tied to Bitcoin's price performance.

For KAS to see big gains again, Bitcoin needs to stabilize and possibly move above key levels. Without Bitcoin's stability, there is a risk that KAS could retest lower levels before we see any significant upward movement.

In the presenter's view, if the market continues to recover and Bitcoin does not experience sharp moves, KAS could potentially make its way back into $0.178 range and even re-enter the 0.20 price point (ATH area).

To achieve higher pumps, the presenter concludes that KAS getting listed on some of the big exchanges is crucial.

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