Despite the cryptocurrency market's bullish trend since November, with Bitcoin ($BTC) reaching new heights, Kaspa (KAS) has been bucking the trend. This Layer-1 cryptocurrency has been experiencing significant bearish pressure, with its price declining by 18% over the past 30 days to $0.13.

A Bearish Technical Indicator: Head and Shoulders Pattern

Kaspa's price action in 2024 has formed a classic Head and Shoulders pattern, a well-known bearish technical indicator. This pattern consists of:

1. Left Shoulder: Formed during an initial rally earlier in the year.
2. Head: The subsequent upward movement pushed Kaspa to its all-time high of $0.2075.
3. Right Shoulder: Recently, Kaspa faced rejection near the $0.19 resistance level, completing the pattern.

The completion of the Right Shoulder has intensified selling pressure, driving the price lower toward the crucial neckline support at $0.1050.

Potential for Further Decline

The Head and Shoulders pattern points to a bearish outlook, with the $0.1050 neckline acting as a critical support zone. A breakdown below this level, especially with high trading volume, would confirm the bearish trend and could lead to additional price depreciation.

However, this support level also presents a potential inflection point. Buyers may emerge at $0.1050 to defend the price, leading to a reversal or a short-term recovery.

Key Technical Indicators

1. Relative Strength Index (RSI): Kaspa's RSI is currently at 37, approaching the oversold threshold. This indicates bearish momentum but also suggests the possibility of a short-term bounce near the $0.1050 support level.
2. Volume Trends: Increased selling volume at the neckline would solidify the bearish outlook, whereas declining volume could signal weakening selling pressure, providing an opportunity for stabilization.

Conclusion

Kaspa's price action remains under significant bearish pressure, as evidenced by the Head and Shoulders pattern. The neckline at $0.1050 will serve as a pivotal level in determining the token's next move. A decisive break below $0.1050 could accelerate downward momentum. Alternatively, if buyers step in, the price may stabilize or rebound, creating opportunities for short-term recovery.

As Bitcoin continues to dominate the market, Kaspa's independent trend highlights the importance of closely monitoring technical indicators and key support levels. Investors should remain vigilant for signals of a potential trend shift or further downside risks.
#kaspacurrency #Kaspa #BinanceAlphaTop5

Date: Wed, Dec 18, 2024, 07:55 AM GMT
The cryptocurrency market has been making bullish waves since November, with Bitcoin (BTC) leading the charge and smashing previous records to hit an all-time high of $108K.
However, not all tokens are riding the bullish wave. Kaspa (KAS), the Layer-1 token, is moving in the opposite direction, following its own trend. Over the past 30 days, Kaspa has seen a sharp decline of 18%, bringing its current price to $0.13 level.

Source: Coinmarketcap
Head and Shoulders Pattern
Kaspa’s price action since the start of this year has been forming a classic Head and Shoulders pattern, a bearish technical indicator that often signals a potential trend reversal.

The Left Shoulder formed earlier this year, followed by a rally to create the Head, where Kaspa achieved its all-time high of $0.2075.
Recently, Kaspa faced rejection from the $0.19 resistance level, which established the Right Shoulder. This rejection has added bearish pressure, and now the price appears to be heading downward toward the neckline support at $0.1050.
More Downside Ahead?
The Head and Shoulders formation indicates that Kaspa could be preparing for further declines, and the key level to watch is the $0.1050 neckline. This support zone is crucial because a breakdown below this level with strong selling volume would confirm the bearish trend and potentially open the door to lower price targets. On the other hand, Kaspa could also make a reversal if it reaches this support level, as buyers might step in to defend the price.
Looking at the technical indicators, Kaspa’s Relative Strength Index (RSI) currently sits around 37, approaching the oversold territory. This suggests that while the momentum remains bearish, there is a possibility of a short-term bounce near the neckline support at $0.1050.
Conclusion
Kaspa (KAS) is showing strong bearish momentum as the Head and Shoulders pattern unfolds. The price is approaching the critical neckline support at $0.1050, which will likely act as a turning point. If Kaspa breaks below this level, it could trigger further downside pressure in the days ahead. However, a reversal remains possible if buyers step in to defend the $0.1050 support zone, offering a chance for short-term recovery.
In a market where Bitcoin (BTC) continues to surge, Kaspa’s independent price movement underscores the need to monitor its technical levels carefully for any signs of a shift in trend.
Get more updates at: coinsprobe.com
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before investing in cryptocurrencies.
#Kaspa #NFA

50

The crypto space is brimming with hidden gems, and some low-cost coins have massive potential for explosive growth. Here are 5 coins under $1 that could skyrocket by 2025;
1 ):- #CYBRO 🤖
A multi-chain, "AI-powered DeFi platform" that’s making waves ahead of its "Token Generation Event (TGE)". CYBRO raised "$7M" in presale and surged from "$0.01 to $0.055". With "cutting-edge AI tools" simplifying DeFi investments, CYBRO is set to revolutionize the space and could see explosive growth. 🔥🌕
2 ):- #Kaspa (KAS)✨
Kaspa uses the "GHOSTDAG protocol" and achieves "1-second block speeds", making it one of the fastest and most scalable blockchains. With plans to scale up to "100 blocks per second", this project is poised for massive growth in the blockchain ecosystem. 🔥📈
3 ):- #TRON (TRX) 🌐
TRON offers a "decentralized content platform" with "fast transactions"and "low fees". As blockchain adoption accelerates, TRON’s cost-efficient platform supporting "dApps" and "smart contracts" makes it a top contender for future gains. 💥
4 ):- #Terra Classic (LUNC)
LUNC combines "Bitcoin’s censorship resistance" with "stablecoin innovation"to create a powerful global payment solution. Its growing ecosystem and strong community position it for success when the next market cycle hits.🌟
5 ):- #VeChain (VET)
VeChain is "transforming supply chain management" with blockchain technology. With "major partnerships" like "Walmart" and "BMW", VeChain is positioned for long-term growth as its solutions become more widely adopted. 🏭
___ Why CYBRO Leads the Pack 💡 ___
While all five projects show great potential, "CYBRO" stands out with its "AI-driven DeFi ecosystem'. As "AI" and "blockchain technologies" continue to grow, CYBRO could redefine how we invest and maximize yields. This is an opportunity early investors won't want to miss! 💰
⚠️ "Disclaimer:- this is not a financial advisoe Crypto investments are "risky"! Always remember to "Do Your Own Research (DYOR)"before diving in.

#cybro
Current Price: $0.06 (listing price)
Why CYBRO?
AI-Driven Platform: CYBRO leverages artificial intelligence to simplify DeFi investments, making it accessible to a broader audience.
Presale Success: Raised $7M in presale with a token price surge from $0.01 to $0.055.
User-Friendly Tools: Offers AI-powered solutions for DeFi, which could attract more investors looking for automated and efficient investment options.
2. #kaspa (KAS)
Innovative Protocol: Kaspa uses the GHOSTDAG protocol, which supports parallel blocks, offering fast and secure transactions.
Scalability: A block speed of 1 per second with plans to scale to 100, making it a standout project in terms of transaction speed and security.
3. #tron (TRX)
Decentralized Content Creation: TRON enables digital content creation and supports decentralized applications (dApps) and smart contracts with low transaction costs.
Growth Potential: Its decentralized rewards model and appeal in the altcoin market position it for substantial growth in the next market cycle.
4. #terracllassic (LUNC)
Stablecoin Focus: LUNC combines Bitcoin’s censorship resistance with currency stability, aiming to revolutionize global payments.
Evolving Ecosystem: Continuous innovations and a focus on stablecoin-based payments make it a strong contender during the altcoin season.
5. #vechain (VET)
Supply Chain Solutions: VeChain uses blockchain technology to revolutionize supply chains, partnering with major companies like Walmart and BMW.
Efficiency and Adoption: Its efficiency-enhancing solutions drive adoption, boosting its growth prospects.

6. #BitTorren (BTT)
Price Prediction (2025): $0.01–$0.05
Why BTT?
File Sharing Technology: BitTorrent Token integrates with the BitTorrent protocol, one of the most popular file-sharing platforms. BTT aims to enhance network efficiency and incentivize user participation.
Adoption Potential: With a vast existing user base, BitTorrent could drive substantial adoption of BTT, particularly in the decentralized storage and content distribution sectors.
Ecosystem Growth: With a growing number of applications and partnerships, Zilliqa is well-positioned for significant growth.
Maximizing Your Gains
Research Extensively: Knowledge is power. Dive into whitepapers, partnerships, and use cases to understand each project's potential.
Diversify: Spread your investment across these coins and other promising assets to minimize risk.
Set Realistic Goals: Plan your entry, exit points, and profit margins wisely. Use stop-loss orders for added security.
Stay Informed: Track market trends, macroeconomic events, and crypto regulations to refine your strategy.
Think Long-Term: Cryptocurrency is volatile. Patience and strategic planning are key to maximizing returns.
Conclusion
While all these projects hold strong potential, CYBRO stands out for its innovative AI-driven DeFi solutions, promising high yields and automation features. As blockchain and AI sectors expand, CYBRO offers a unique opportunity for investors aiming for substantial returns.
Remember, always invest responsibly and conduct thorough research before making any investment decisions.
Conclusion
While all these projects hold strong potential, each has unique value propositions and growth drivers. Diversifying your portfolio across these promising altcoins can help mitigate risk and maximize returns.
Investment Strategy Tips
Conduct Thorough Research: Understand the technology, team, and use cases of each project.
Diversify Investments: Spread your investments across multiple coins to minimize risk.
Stay Updated: Follow market trends, news, and project developments.
Set Realistic Goals: Define clear entry and exit points for your investments.
Practice Patience: Cryptocurrency markets are volatile, so a long-term perspective can be beneficial.
Investing in altcoins can be highly rewarding, but it's essential to approach it with a strategic mindset and thorough research.
$XRP

$
Kaspa (KAS) es una. Criptomoneda que ha ganado interés en la comunidad cripto por ser una de las implementaciones más rápidas de tecnología basada en blockchain. A diferencia de Bitcoin, que usa una cadena de bloques lineal, Kaspa utiliza un DAG (Directed Acyclic Graph), lo que le permite procesar múltiples bloques simultáneamente. Esto resulta en confirmaciones de transacciones más rápidas y escalabilidad mejorada.
Características principales de Kaspa:
1. Velocidad: Sus bloques son generados cada segundo, lo que permite transacciones casi instantáneas.
2. Seguridad: Mantiene un alto nivel de descentralización y adopta un modelo seguro basado en pruebas de trabajo (Proof of Work).
3. Escalabilidad: Gracias al protocolo DAG, puede manejar un volumen más alto de transacciones sin los cuellos de botella típicos de blockchains tradicionales.
4. Ecosistema abierto: Kaspa es completamente open-source, lo que significa que cualquiera puede contribuir a su desarrollo.
Uso y propósito:
Kaspa está diseñada para ser una criptomoneda eficiente para pagos rápidos y microtransacciones, ideal para casos de uso donde la velocidad es crucial. También ha captado atención entre los mineros debido a su algoritmo de minería eficiente.
Si te interesa aprender más sobre cómo invertir o minar KAS, o profundizar en su tecnología, dime y lo exploramos
#Kaspa

5 Coins Under $1 That Could Explode 1000X in 2025 💲✨
The crypto market is a treasure trove of opportunities, especially with low-cost gems poised for exponential growth. Here are five undervalued projects priced under $1 that could deliver massive returns by 2025:
#CybroToken
A multi-chain, AI-powered DeFi platform that’s nearing its Token Generation Event (TGE) and exchange listing. Having already raised $7M in presale, CYBRO’s price surged from $0.01 to $0.055, with a listing set at $0.06. Its cutting-edge AI tools simplify DeFi investments, promising automation and high yields. CYBRO is a strong candidate for explosive growth as it bridges AI and blockchain innovations.
#kaspa (KAS)
Kaspa’s unique GHOSTDAG protocol enables parallel block processing, offering unrivaled transaction speed and security. With 1-second block speeds and plans to scale to 100, Kaspa is a standout project with robust scalability and long-term growth potential.
#TRON (TRX)
TRON empowers decentralized content creation and distribution with support for dApps and smart contracts. Its cost-efficient decentralized rewards model makes it a strong contender as blockchain adoption accelerates, positioning it for significant gains in the next bull run.
#Terra Classic (LUNC)
Blending Bitcoin’s censorship resistance with stablecoin innovation, LUNC focuses on global payment solutions. As its ecosystem evolves, LUNC’s potential during the altcoin season cannot be underestimated.
#VeChain (VET)
VeChain revolutionizes supply chains with blockchain technology, forming partnerships with global giants like Walmart and BMW. Its adoption-driven efficiency solutions solidify its position as a promising long-term project.
Why CYBRO Stands Out
While Kaspa, TRON, LUNC, and VeChain are strong players, CYBRO leads the pack with its groundbreaking AI-driven DeFi ecosystem. By automating complex investments and maximizing yields, CYBRO aligns with the booming AI and blockchain sectors, making it an unparalleled opportunity for early investors.
📌 This is not a financial advisoe

Vào tháng 7, thuật toán khai thác tiền điện tử bằng chứng công việc (PoW) Kheavyhash, được sử dụng bởi tài sản tiền điện tử kaspa (KAS), đã giữ vị trí hàng đầu về lợi nhuận trong số các thuật toán đồng thuận. Quay trở lại ngày hôm nay, thuật toán Blake3 đang dẫn đầu, với các thợ đào alephium (ALPH) thu về ước tính 40,53 đô la lợi nhuận hàng ngày.
Blake3 dẫn đầu PoW Mining, theo sau là Scrypt, Kheavyhash, SHA256 và Eaglesong
Chín mươi sáu ngày trước, bộ phận tin tức của chúng tôi đã chia sẻ một bản phân tích về năm thuật toán đồng thuận PoW hàng đầu, nhưng mọi thứ đã thay đổi kể từ đó. Kheavyhash, từng là người dẫn đầu, hiện đã tụt xuống vị trí thứ ba khi các giàn khai thác KAS xáo trộn thứ hạng. Hiện tại, dữ liệu từ asicminervalue.com cho thấy Blake3 hiện là thuật toán có lợi nhuận cao nhất.
Thợ đào sử dụng máy Blake3 có thể đào decred (DCR) hoặc alephium (ALPH). Hiện tại, Antminer AL1 Pro của Bitmain, tự hào với 16,6 terahash mỗi giây (TH/s), có thể kiếm được khoảng 40,53 đô la lợi nhuận hàng ngày. Trong khi đó, Antminer AL1 với 15,6 TH/s thu về khoảng 38,07 đô la mỗi ngày. Những ước tính này giả định chi phí điện là 0,04 đô la cho mỗi kilowatt-giờ (kWh).
Scrypt hiện được xếp hạng là thuật toán đồng thuận có lợi nhuận cao thứ hai, cung cấp năng lượng cho việc khai thác dogecoin (DOGE) và litecoin ( LTC ). Ví dụ, một đơn vị Bitmain Antminer L9, chạy ở tốc độ 17 gigahash mỗi giây (GH/s), có thể tạo ra khoảng 18,09 đô la lợi nhuận hàng ngày, dựa trên giá thị trường hiện tại và giá điện là 0,04 đô la cho mỗi kilowatt-giờ (kWh).
Chiếm vị trí thứ ba là thuật toán Kheavyhash, được sử dụng để khai thác KAS . Theo dữ liệu từ asicminervalue.com, Antminer KS5 Pro, cung cấp 21 terahash mỗi giây (TH/s), thu về khoảng 9,95 đô la mỗi ngày. Vị trí thứ tư thuộc về thuật toán SHA256, được sử dụng để khai thác bitcoin (BTC) và bitcoin cash (BCH) , cùng với các đồng tiền được khai thác hợp nhất như namecoin và fractal bitcoin .
Đứng đầu danh sách dành cho thợ đào BTC là Antminer S21 XP Hydro của Bitmain, sản xuất 473 TH/giây hashpower. Tính đến cuối tuần này, nó có thể mang lại ước tính 6,15 đô la mỗi ngày với chi phí điện được đặt ở mức 0,04 đô la cho mỗi kWh. M63S+ làm mát bằng nước của Microbt với 450 TH/giây ước tính đạt 5,86 đô la mỗi ngày.
Hoàn thành top năm cho tuần đầu tiên của tháng 10 là thuật toán Eaglesong, có liên quan đến tài sản tiền điện tử nervos (CKB). Antminer K7, cung cấp 63,5 TH/giây, có thể kiếm được khoảng 3,94 đô la lợi nhuận mỗi ngày. Như thường lệ, khi bối cảnh khai thác tiền điện tử tiếp tục phát triển , lợi nhuận phụ thuộc vào hiệu quả thuật toán, tiến bộ phần cứng và chi phí năng lượng.
Bạn nghĩ gì về các thuật toán đồng thuận có lợi nhuận cao nhất vào tháng 10 năm 2024? Hãy chia sẻ suy nghĩ và ý kiến ​​của bạn về chủ đề này trong phần bình luận bên dưới.
#binance #wendy #miningcoin #miner #kaspa $BTC $ETH