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Cryptocurrency News Articles
The Crypto Market Now Rewards Precision and Execution. Kaspa is Focused on Scalability With Its Recent Crescendo Upgrade.
May 11, 2025 at 05:15 am
The crypto market now rewards precision and execution. Kaspa is focused on scalability with its recent Crescendo upgrade.
Kaspa continues to rely on buyers to react to the latest developments, with the new Crescendo upgrade boosting the speed potential for block production.
Recently, Kaspa (KASMA) has activated its hotly anticipated Crescendo upgrade. This upgrade marks a significant change, increasing the capacity for blocks to be produced from one to ten per second.
However, despite this update, the KASMA price shows little reaction, trading at around $0.075. Earlier this week, the asset displayed more volatility as it rose from $0.057 to a high of over $0.10, indicating anticipation for the update.
This anticipation may explain the lack of immediate price reaction to the upgrade, which is a factor that becomes more critical in the broader scope of trading activity.
After a recent rally from lows of $0.03, the price has encountered resistance in the $0.12 to $0.14 zone, leading to a limited response to recent developments.
But what could be interesting for long-term investors is that the upgrade could boost scalability and reduce congestion, thereby adding to the long-term utility of the Kaspa network.
Analysts believe that if sentiment strengthens, KASMA could retest the $0.15 level, and some broader projections suggest a price range of $0.18 to $0.22. Ultimately, sustained progress will be key for further price gains.
On May 8, 2025, at 07:08 (GMT+8), the price of Ripple is $2.18, showing an increase of 2.35% over the past 24 hours. However, despite this uptick, the asset remains pressured as it struggles to sustain gains above a key resistance level.
Technical indicators are indicating weakness in the short-term. The Relative Strength Index stands at 36.37, indicating that the asset is still in oversold territory.
Moreover, the MACD histogram remains in the negative, suggesting that the bullish momentum is slowing down.
From the chart, we can identify a support zone between $2.08 and $2.10. If the price falls below this level, it could continue to decline towards the next support at $1.98 to $2.00.
On the other hand, the Bollinger Bands have been tightening, which signals that a rapid price move could occur soon.
As the price trades at the upper edge of the Bollinger Bands, it suggests that a period of consolidation may follow, and the level of volatility is expected to increase further based on the market conditions.
Therefore, it’s crucial to monitor the short-term price shifts closely to gain insights into the upcoming price direction. A breakout above the resistance at $2.30 could propel the price towards the next resistance at $2.45 to $2.50.
Web3 ai Is Offering Its Crypto Arbitrage Bot With 1747% ROI Potential
In today’s fast-paced crypto market, manual arbitrage is quickly losing its edge. With rapid price changes and new opportunities emerging every moment, the window for manual action is becoming increasingly narrow.
Those who rely on traditional arbitrage methods to identify and capitalize on price gaps between exchanges may find themselves arriving too late to the party, especially with the stifling latency and shallow liquidity pools that plague most users.
But what if there was a way to automate this process completely, enabling real-time scanning of a vast range of centralized and decentralized exchanges for even the slightest differences in asset pricing?
This is precisely what Web3 ai is offering with its cutting-edge Crypto Arbitrage Bot.
Its technology continuously monitors a wide range of CEXs and DEXs to detect even minimal price disparities between exchanges. When such an opportunity arises, the system reacts instantly, placing trades without any delay or manual intervention.
This bot is equipped with advanced real-time order book analysis capabilities, ensuring optimal price entries and exits. It also includes slippage control to mitigate price slippage during rapid market movements and has built-in protections against market volatility.
These integrated tools help maintain the accuracy of execution and minimize risk, especially during periods of market turbulence.
In contrast to most users who face the setback of latency or shallow liquidity pools, Web3 ai completes trades the moment opportunities appear, thanks to its unique integration with leading exchanges. This capability was highlighted during the early access period of the arbitrage bot, which generated over $500K in a single day.
Currently, Web3 ai is in Stage 3 of its presale, offering WAI coins at a price of $0.000331. With a final stage price of $0.003267 and a confirmed listing price of $0.005242, the potential return for those investing in the Stage 3 presale is an astounding 1
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- BlockDAG Presale Crosses $233.5M as Inter Milan Reaches the Final, While XRP Derivatives Jump to $4.5B & Hyperliquid Debuts USDe
- May 11, 2025 at 01:10 pm
- In crypto, attention often swings between speculation and utility. The XRP price outlook reflects rising interest from short-term traders, while Hyperliquid's USDe focuses on expanding DeFi infrastructure
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