Why Kaspa (KAS) Could Gain 60% by June – Chart Signals Say So
By: captainaltcoin|2025/05/16 14:45:04
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Kaspa (KAS) has been on many crypto watchers’ radar lately, and now one analyst is calling for a potential move to $0.18 by June 23. That would be a solid 60 percent jump from its current price range of around $0.11 to $0.12. It sounds ambitious, but the case is built on a blend of technical analysis, ecosystem momentum, and a bit of gut feeling.In a recent video, the analyst starts by pointing to what he calls an “epiphany” – though he later admits it’s really just a strong chart setup. What he sees is a textbook cup and handle pattern forming on the weekly chart. This is a well-known bullish continuation setup in technical trading. According to his breakdown, the Kaspa price erecently pulled back after a local high near $0.129, and is now forming the “handle” of that pattern in a range between $0.107 and $0.129. That kind of structure often leads to a breakout if price holds and volume confirms.He draws his price target using a measured move strategy. This means taking the depth of the cup (from the top down to the low) and projecting it upward from the breakout point, which he pegs around $0.107. That gives a calculated target of roughly $0.1792. He rounds it to a clean $0.18, hence the headline prediction. Timing-wise, he admits there’s no hard science behind picking June 23 specifically, but he believes the consolidation phase has about four to five weeks left before a potential breakout.But the video doesn’t just focus on charts. It also highlights recent developments in the Kaspa ecosystem. The big milestone is the successful completion of the Crescendo hardfork, which has boosted Kaspa’s throughput to 10 blocks per second. That’s an important step for scalability and could lead to more adoption down the road.On top of that, the analyst explores Kaspa’s KRC20 token ecosystem by visiting k.fyi, a community tracking site. There, he points out two standout projects: Nacho, which he describes as the blue chip of the ecosystem with a market cap around $19 million, and Kango, a smaller cap token with rising volume and price momentum. He doesn’t own Kango himself, but notes that its 24-hour volume is nearly double that of Nacho.While Kaspa itself may offer a potential 1.5x to 1.6x return from current levels, the ecosystem tokens could offer much bigger upside – possibly 20x to 50x, according to the video. Of course, those are highly speculative plays, and the creator makes it clear that none of this is financial advice.For readers wanting the full picture, here’s a quick summary of the core predictions and context behind the $0.18 target.Summary of Kaspa Price PredictionTopicDetails Price Target$0.18 Date PredictionJune 23, 2025 Support Zones$0.107 and possibly $0.0906 Breakout PatternCup and Handle (Weekly Chart) Ecosystem TokensNacho (Blue Chip), Kango (rising) Strategy SuggestedDCA + Ecosystem plays (high risk/high reward) DisclaimersNot financial advice; speculative analysisIn the end, this is a story about potential. Kaspa has already made waves in the Layer 1 space, and if the chart patterns and ecosystem growth hold up, it might just have room for another leg up. Whether it reaches $0.18 by late June is yet to be seen, but the technical foundation laid out in the video makes a pretty compelling case for keeping an eye on it.Read also: Here’s Why Kaspa (KAS) Price Is Going to $1 Soon, Expert ClaimsFollow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.Read our recent crypto market updates, news, and technical analysis here. We recommend eToro Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more Visit eToro Now Active user community and social features like news feeds, chats for specific coins available for trading. Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. Copy trading: allows users to copy the trades of leading traders, for free. User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate. The post Why Kaspa (KAS) Could Gain 60% by June – Chart Signals Say So appeared first on CaptainAltcoin.
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