Kaspa (KASUSD) Price Forecast: November 14
KASUSD suggests a positive market today and it’s set to continue its ascent. The price will most likely continue its bullish run and the price could still go higher. Further increase in the bulls’ pressure may break up the $0.093060 level and this may push the price of the crypto to a $0.10000 upper resistance level and beyond, hence a good buy signal for the coin traders.
Key Levels:
Resistance Levels: $0.07000, $0.08000, $0.09000
Support Levels: $0.05000, $0.04000, $0.03000
KAS (USD) Long-term Trend: Bullish (Daily Chart)
The KASUSD pair showed a bullish momentum and is set to continue its ascent above the supply levels in its long-term outlook. The bulls attempted to climb above the high of $0.09306; nevertheless, the bias remains positive.
The sustained bullish pressure pushed the crypto to a $0.09306 high level in the past few days which has made the coin price remain in an uptrend in recent times.
The coin trading above the moving averages at the $0.09108 resistance level on the daily chart today is an indication of a more bullish impact in the market.
A daily candle closing and a robust push by the long traders above the previous high point of $0.090306 could indicate a change in the dynamics of the market. This will actually enable the buy traders to influence the price tendency.
Additionally, the price of Kaspa is set to continue its ascent as shown by the price indicator which is in an upward direction. If the price is able to break above the $0.09306, then we can expect the upside move to hit the $0.10000 upper high mark and above soon in its long-term outlook.
KAS (USD) Medium-term Trend: Bullish (4H Chart)
The KASUSD pair portrays a bullish sentiment as the price is set to continue its ascent in its medium-term forecast. The price is currently recovering and trades above the EMA-50. This is an indication of an uptrend.
The bulls’ pressure on the coin to the $0.08964 supply value during the past session has sustained the coin price above the resistance trend levels in its recent price level.
The market value of Kaspa at a $0.09108 supply level is seen above the exponential moving averages. This indicates that the traders are actively buying at this level. Hence, should the bulls increase their buying motives, the previous high of $0.09927 value might be retested soon.
Additionally, the price is set to continue its ascent as the momentum indicator points upwards indicating that the price is still in an uptrend. With this trend, the market price of Kaspa may possibly hit the $0.1000 upper high mark and beyond soon in its medium-term outlook.
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