Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Kaspa (KAS) To Rise Higher? Key Harmonic Pattern Signals Potential Upside Move

Kaspa (KAS) To Rise Higher? Key Harmonic Pattern Signals Potential Upside Move

CoinsProbeCoinsProbe2025/08/24 20:30
By:Nilesh Hembade

Date: Sun, Aug 24, 2025 | 07:05 PM GMT

The cryptocurrency market continues to ride the bullish wave after Ethereum (ETH) hit a fresh all-time high of $4,900 this today, sparking upside momentum across major altcoins — including Kaspa (KAS).

While KAS has posted modest gains today, its chart is now flashing a technical setup that could pave the way for a stronger upside: a key harmonic pattern pointing toward higher prices in the near term.

Kaspa (KAS) To Rise Higher? Key Harmonic Pattern Signals Potential Upside Move image 0 Source: Coinmarketcap

Harmonic Pattern Hints at Bullish Continuation

On the daily timeframe, KAS is forming a Bearish Bat harmonic pattern — and despite its name, the ongoing CD leg of this structure often signals a strong bullish continuation before the pattern completes.

The sequence began near $0.1179 at point X, retraced down to point A, bounced to point B, and corrected again to point C around $0.0830. Since then, KAS has steadily rebounded and is now trading near $0.0923, climbing along the CD leg toward its projected target zone.

Kaspa (KAS) To Rise Higher? Key Harmonic Pattern Signals Potential Upside Move image 1 Kaspa (KAS) Daily Chart/Coinsprobe (Source: Tradingview)

Adding to the bullish case, KAS is holding above its 200-day moving average at $0.087, a critical level that may serve as a strong base for further upside momentum.

What’s Next for KAS?

If this harmonic structure plays out, the Potential Reversal Zone (PRZ) sits between $0.1136 and $0.1179, corresponding with the 0.886 and 1.0 Fibonacci retracement levels. From current levels, this implies a potential rally of up to 27%.

However, the bullish scenario hinges on KAS maintaining its footing above the 200-day MA. A breakdown below this level could invalidate the pattern and delay any near-term upside.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin plunges 30%. Has it really entered a bear market? A comprehensive assessment using 5 analytical frameworks

Further correction, with a dip to 70,000, has a probability of 15%; continued consolidation with fluctuations, using time to replace space, has a probability of 50%.

岳小鱼的 Web3 产品之路2025/11/20 21:22
Bitcoin plunges 30%. Has it really entered a bear market? A comprehensive assessment using 5 analytical frameworks

Data Insight: Bitcoin's Year-to-Date Gains Turn Negative, Is a Full Bear Market Really Here?

Spot demand remains weak, outflows from US spot ETFs are intensifying, and there has been no new buying from traditional financial allocators.

深潮2025/11/20 21:09
Data Insight: Bitcoin's Year-to-Date Gains Turn Negative, Is a Full Bear Market Really Here?

Why can Bitcoin support a trillion-dollar market cap?

The only way to access the services provided by bitcoin is to purchase the asset itself.

深潮2025/11/20 21:07