Kaspa price forecast shows bullish potential as chart breaks its downtrend with a higher low in place.
Kaspa chart analysis indicates $0.14 as a Fibonacci target, with $0.115 as key resistance.
Rising RSI and volume confirm stronger momentum after an extended correction phase.
Kaspa price forecast suggests a bullish continuation after breaking a key downtrend and forming a higher low. Supported by rising momentum and increasing trading activity, the cryptocurrency now shows potential for a move toward the $0.14 target zone.
Kaspa Price Forecast Strengthens Following Bullish Breakout Tweet
A recent post on X (formerly Twitter) from user mikro stated that $KAS “looks ready for the next leg towards ~$0.14.” The trader noted that the correction had ended, a higher low had formed, and the downside trendline had been broken.
https://twitter.com/mikroweller/status/1953448631417360500
The post added that Kaspa is “finally starting to accelerate again,” expecting a sequence of higher highs and higher lows. This aligns with Kaspa chart analysis, which confirms a decisive break from the descending trendline in place since late July.
Kaspa Chart Analysis Identifies $0.14 Fibonacci Extension Target
The change on the 4-hour chart of Kaspa to higher lows and a confirmed higher low signals a new interest in buying. The fact that highs come above the old real trendline make bullish belief even more convincing and further fuel the upward pressure.
Kaspa chart analysis places the 1.618 Fibonacci extension level near $0.14 as the next logical target. Immediate resistance sits at $0.115, with a breakout above it likely to fast-track the move toward the forecast price level.
Momentum Indicators and Volume Support Kaspa Price Forecast
Kaspa’s 24-hour trading volume is $79,878,015, with gains of 2.58% in the past 24 hours and 4.87% over the week. These figures reflect increased participation during the breakout phase, reinforcing the bullish setup.
The RSI has broken its descending trendline and is advancing toward bullish territory, adding weight to the Kaspa price forecast. As long as the higher low holds and $0.115 is cleared, the probability of reaching $0.14 remains high. A retest of the breakout zone may occur before further acceleration.
