Technical and Fundamental Analysis for:

Kaspa, Cardano (ADA), and Pi Network

Performance and Technical Analysis:

Kaspa (KAS):

* Increased by 9.98% to $0.09319.

* Testing resistance at $0.105 after breaking a descending channel.

* Potential target of $0.15.

* Key support at $0.083.

* Technical momentum is favorable.

Cardano (ADA):

* Increased by 6.77% to $0.6666.

* Bullish triangular pattern pointing to $0.72.

* Critical demand zone between $0.61 and $0.63.

* Technical momentum is favorable.

Pi Network (PI):

* Consolidating near $0.64 with low volatility.

* Risk of a bearish trend if it breaks below $0.62.

Fundamental Factors:

Kaspa (KAS):

* Upcoming mainnet update Crescendo V1 (May 5) as a bullish catalyst.

Cardano (ADA):

* Facing regulatory headwinds due to a securities lawsuit in Oregon.

* Has experienced a 90% increase in 6 months.

Pi Network (PI):

* No significant advancements in the mainnet.

* Considered to have speculative status.

Conclusion:

* Technical momentum favors KAS and ADA.

* There is a divergence in risk-reward due to ADA's regulatory challenges and PI's speculative status in the macroeconomic context.

Source: Ethnews