Kaspa (KASUSD) Price Forecast: July 24
The market price of KASUSD might possibly swing up and a breakout for a bigger gain at a $0.035037 high value is imminent as the crypto faces the upside. Based on the outlook, should the 4-hourly candlestick closes above the $0.035705 supply mark; the correction phase will extend to meet the resistance at the $0.040000 upper trend line.
Key Levels
Resistance Levels: $0.031000, $0.032000, $0.033000
Support Levels: $0.028000, $0.027000, $0.026000
KAS (USD) Long-term Trend: Bullish (4H Chart)
KASUSD indicates an upward trend with a bullish sentiment in its long-term perspective. The coin is trading above the two EMAs. However, the market is presently facing resistance at the recent high.
The crypto has been having a series of higher highs and higher lows which has made it capable for the price to remain stronger in an upward trend in its recent high.
The crypto’s price rises to a $0.035052 supply level above the two EMAs after the recent threat of increasing as the 4-hourly chart opens today. This shows a more bullish impact on the coin.
However, the coin holders may witness a retest to a high supply zone at $0.035705 if extra strength is added to the buying pressure.
Furthermore, the underlying sentiment suggests an uptrend continuation as indicated by the daily stochastic. In light of this, the price of Kaspa might break out for bigger gains and in this case, the target might be a $0.040000 supply level in the days ahead in the higher time frame.
KAS (USD) Short-term Trend: Bullish (1H Chart)
The KASUSD pair is positive and portrays a bullish market trend in its short-term outlook. The price responded to the shift in the market structure and is currently above the moving averages. 
The pressure from the bulls to the $0.034909 supply value in the past few hours has sustained the coin price above the supply trend levels in its recent high.
Today, the buy investors made a rally upwards to a $0.035037 resistance level above the two EMAs; this implies an uptrend and also shows a bullish impact on the coin. Thus, more upsides are possible as buyers are seen clustered around the market presently.
In addition, under the influence of this market level, the price of Kaspa could rise steadily soon and break up the previous high of $0.035600 level to reach the $0.040000 resistance level in the coming days as we watch the crypto market turns strongly bullish in the short-term perspective.
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