The KASPA has been in an uptrend from the second half of 2023, which is followed by the first half of 2024. The price had been trading in an upward-broadening wedge.
From lower border support in May 2024, the price has headed for the upper border, and it has come halfway as of writing.
The 50-day and 200-day EMA bands support the run; further surge would create a new ATH. RSI flashed at 65.14, and MACD formed a bullish cross.
Fascinatingly, the optimism seems strong in the asset and contingents on buyers' activity. The price would fly ahead.
The Resistance ahead could be the round numbers, such as $0.2200, and $0.2400, respectively, till it reaches the upper border. However, slippage from $0.1900 would lead towards the loss of gains, where bears would eye at $0.1869, and $0.1521 support levels, respectively.
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