The Kaia price surged 6% in the past 24 hours to trade at $0.1718

The Kaia price surged 6% in the past 24 hours to trade at $0.1718 as of 12:12 a.m. EST, with the trading volume soaring 32% to $176 million.

The price of Kaia (KAIA) surged by 6% in the past 24 hours to reach $0.1718 by 12:12 a.m. ET on Wednesday. This rise was accompanied by a 32% increase in the 24-hour trading volume, reaching $176 million.

As a result of this surge, Kaia secured the number 1 spot on CoinMarketCap’s list of biggest gainers.

Kaia Price Breakout Signals A Continued Uptrend

Taking a look at the daily chart for KAIA, there was a significant bullish breakout from a well-defined falling wedge pattern. This pattern began to form after the peak in late 2024 and continued into mid-2025.

After months of compression within this wedge, the price action finally broke above the upper resistance trendline, confirming a bullish breakout.

This breakout was marked by a strong green candle and follow-through buying, pushing the price of KAIA to reach $0.1718 by the latest candle. This pattern signals a shift in market sentiment from bearish consolidation to bullish momentum.

The 50-day Simple Moving Average (SMA), currently at $0.1188, was decisively broken to the upside, which also confirms the upward momentum.

Meanwhile, the Relative Strength Index (RSI) has soared to 80.04, indicating overbought conditions. While this level suggests strong bullish momentum, it also implies that the asset may be due for a short-term pullback.

Given the breakout from a long-term falling wedge, the technical outlook for KAIA is broadly optimistic. In this case, that projected target extends well into the $0.25–$0.30 range, assuming momentum sustains and market conditions remain favorable.

However, the current overbought RSI suggests that a temporary pullback or sideways consolidation is likely before the next leg higher. Should this occur, a retest of the breakout zone around $0.12–$0.13 would offer a healthy reset, offering a cushion against downward pressure.

This analysis aligns with the observations made by Crypto Boy, a popular crypto analyst on YouTube with over 61.3K subscribers. In one of his recent videos, Crypto Boy is highlighting the potential for a 100X return on Bitcoin Hyper (HYPER).

According to Crypto Boy, investors are piling into a new Bitcoin-themed meme coin.

As part of his analysis, Crypto Boy highlights that the Bitcoin Hyper token presale has already raised over $1.13 million.

Investors can participate in the presale by visiting the official Bitcoin Hyper Token website where they can buy HYPER tokens for $0.01185 each using crypto or a bank card.

The post Kaia Price Surges 6% as It Breaks Out From Falling Wedge appeared first on Benzinga.