Kaspa (KAS) crypto optimized by 8.80% in market value and surged by 195.31% in trading volume in the last 24 hours, as per the coinmarketcap. Its market value stands at $4.199 Billion, and its trading volume amounted to $177.765 million.
Kaspa ranks stands at 24th, which happens to be among the top 25 digital assets based on their market cap and one of the top five PoW assets by market cap.
Kaspa’s current circulating supply stands at 24.037 billion KAS with 103.83 KAS as the current block reward rate. The terminal supply that has been capped max at at 28.700 billion KAS. Overall, the circulation of KAS happens to be around 83.76% in terms of percentage out of the total 100%.
On the daily chart, the price action looks supreme, as it has been in a proper uptrend following an upward trendline from November 2023 has retested $0.185 two times, and the third time shows bullish potential lurking.
The price happens to be above 50-day and 200-day EMA's dynamic support. Meanwhile, the MACD shows a growing histogram with a bullish cross, and the RSI bounced off from 14-SMA, which flashed at 65.48. Thus RSI has not yet reached the overbought, which certainly exhibits the potential for an upsurge possibility.
At press time, the KAS traded at $0.1776 with an intraday gain of 1% on intraday. It has demonstrated a spectacular price performance of 22.58% this week.
Therefore, if the price sustains the current gains and advances, then the targets could be $0.200 and $0.210. However, like in the past, if the supply caps the gains and bears dominance increases, then bears could eye for support of $0.160 and $0.140.
Kaspa ranks stands at 24th, which happens to be among the top 25 digital assets based on their market cap and one of the top five PoW assets by market cap.
Kaspa’s current circulating supply stands at 24.037 billion KAS with 103.83 KAS as the current block reward rate. The terminal supply that has been capped max at at 28.700 billion KAS. Overall, the circulation of KAS happens to be around 83.76% in terms of percentage out of the total 100%.
On the daily chart, the price action looks supreme, as it has been in a proper uptrend following an upward trendline from November 2023 has retested $0.185 two times, and the third time shows bullish potential lurking.
The price happens to be above 50-day and 200-day EMA's dynamic support. Meanwhile, the MACD shows a growing histogram with a bullish cross, and the RSI bounced off from 14-SMA, which flashed at 65.48. Thus RSI has not yet reached the overbought, which certainly exhibits the potential for an upsurge possibility.
At press time, the KAS traded at $0.1776 with an intraday gain of 1% on intraday. It has demonstrated a spectacular price performance of 22.58% this week.
Therefore, if the price sustains the current gains and advances, then the targets could be $0.200 and $0.210. However, like in the past, if the supply caps the gains and bears dominance increases, then bears could eye for support of $0.160 and $0.140.