Date: Mon, July 21, 2025 | 05:35 AM GMT
The broader cryptocurrency market continues to ride a bullish wave, led by Ethereum (ETH), which has surged 23% over the past week and is now trading above $3,750. This positive sentiment is spilling into promising altcoins — and Kaspa (KAS) is showing signs of further upside momentum.
$KAS has gained 7% in the past 24 hours, pushing its monthly rally to 47%. Beyond price gains, a developing harmonic structure on the daily chart is signaling that KAS may have more room to climb in the short term.
Source: Coinmarketcap
Harmonic Pattern Hints at Bullish Continuation
On the daily timeframe, KAS is forming a Bearish ABCD harmonic pattern. While the name suggests caution, the CD leg of this setup often delivers a strong bullish push before the price tests its upper targets and potentially reverses.
The pattern began at Point A near $0.05277, rallied to Point B, corrected to Point C around $0.06020, and is now powering higher toward Point D. As highlighted in the chart, KAS is currently moving through the CD leg — historically the most explosive stage of the pattern.
Kaspa (KAS) Daily Chart/Coinsprobe (Source: Tradingview)
What’s Next for KAS?
If the CD leg continues to unfold, the next key target for KAS is the Potential Reversal Zone (PRZ), defined by the 1.10 Fibonacci extension of the BC leg. This projection points to a move toward $0.13891, representing a 35% upside from current levels. This target also aligns with the symmetry of the AB leg, strengthening its technical significance.
However, for this bullish outlook to hold, KAS must maintain support above the 200-day moving average (MA) at $0.09253, which currently acts as a soft floor for the ongoing uptrend.
With momentum building and technicals pointing higher, KAS could be gearing up for a breakout run into its next resistance zone in the weeks ahead.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
