Could Kaspa (KAS) Lead the Market Rally After Crescendo Upgrade?

The Crescendo hard fork for Kaspa (KAS) is just four days away, and many in the community are wondering if the upgrade will finally bring the desired price rally.

Now at: $0.09031

Volume: $64,600,557

Kaspa has been showing some strength lately, with a 5% rise in the past 24 hours and a 25% increase in volume. However, despite the upcoming upgrade and the buzz surrounding it, Kaspa isn’t pumping the way many had hoped.

At the moment, the price is still below the key resistance at $0.10, and if it breaks through that level, we could be looking at a move toward $0.18 or even $0.20, as the host from Money and I suggests in his latest video.

What’s preventing Kaspa from taking off?

The host says that the biggest challenge is breaking through the immediate resistance at $0.093, which failed to hold, and the next key support is at $0.082. If that breaks, we might be seeing a drop toward $0.05 or $0.06, but he hopes it doesn’t get that far.

He also highlights how small Kaspa’s market cap is still, and how it could become massive if it continues to rise.

“This is the hardest hold for Kaspa fans, not because we don’t believe, but because it’s tough to stay patient while waiting for the world to catch on. I couldn’t agree more. Most people only get bullish when prices are already up. Everyone says they bought XRP at $0.50, but most really jumped in when it was already at $1.50 by which point most of the gains were gone.”

Where is the price of Kaspa going next?

The host from Money and I says he’s holding no matter what happens in the short term. Whether Kaspa pumps now or later, he believes the long-term story is intact.

Will the Crescendo upgrade be the spark that finally pushes Kaspa higher, or will it be another “buy the rumor, sell the news” moment? Only time will tell.

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Photo: Money and I via YouTube