Kaspa (KAS) Price Prediction: Breakout Looms as Bulls Defend Critical Support

As of October 30, Kaspa's (KAS) coin price was trading 50% below its all-time high. Today, however, the altcoin has gained 8%, partially recovering from those recent losses.

Kaspa (KAS) coin price has recovered 8% after a recent decline, and several indicators suggest the potential for a continuing upswing.

The cryptocurrency’s all-time high was $0.20 before a price decline, indicating that many holders took profits from the surge.

According to data from Santiment, the Weighted Sentiment for Kaspa has turned positive, indicating that market participants are optimistic about the project.

One of the analysts expressing optimism about Kaspa is Miles Deutscher, who shared a chart indicating that the coin’s price could bounce off a crucial support level and continue its rally.

If that is the case, and considering the recent price recovery, this development bodes well for the near-term outlook for KAS.

As Miles predicted, the coin’s price bounced off a crucial support level and began to rally. This price action aligns with the analysis, suggesting a bullish continuation for Kaspa.

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