Is Kaspa currency waiting for a new stroke of luck in 2025?

Advanced technologies and positive market sentiment indicate the potential for a significant rise in Kaspa coin prices during 2025.

Technically, Kaspa’s breakout of the Expanding Wedge pattern shows potential for a further price increase towards $0.21.

Positive technical indicators and optimistic market sentiment indicate that Kaspa coin prices will continue to rise until the end of 2025.

With the price of Kaspa coin reaching $0.1827, an increase of 0.24% over the past 24 hours, it drew attention to its proximity to the main resistance level at $0.19.

The key question now is whether Kaspa is able to maintain this momentum and reach higher levels, including surpassing its all-time high of $0.21.

The technical analysis focuses on technical indicators, social trading volume and market sentiment to provide insight into Kaspa coin price potential in 2025.

Kaspa coin price forecast

Kaspa has successfully broken out of a widening wedge pattern, a development that usually precedes significant price rises.

As Kaspa approaches the resistance level at $0.19, the question arises about its ability to break this level.

Analysts expect that if Kaspa succeeds in surpassing this resistance, it could lead to new highs, possibly surpassing the previous high of $0.21. Therefore, it is important for traders to carefully monitor the price behavior at this level.

The technical indicators for Kaspa coin strongly indicate a continuation of the upward trend, as the short-term moving average is located above the long-term moving average, which indicates the presence of upward momentum.

Additionally, the Relative Strength Index (RSI) stands at 64.84 points, indicating that Kaspa has not reached overbought yet. This means that there is still room for further upside before reaching a potential overbought state.

What do the indicators reveal about the popularity of Kaspa coin?

Kaspa saw a slight decrease in social trading volume, falling from 105 to 87 in the last day.

Although this decline is noteworthy, it does not necessarily indicate a major change in sentiment, social trading volume can fluctuate frequently, and a drop in a single day is not uncommon.

Additionally, if Kaspa continues its upward trend, social trading volume may rise again, so the recent decline is not a major concern, rather it is a short-term fluctuation.

Kaspa Coin liquidation data indicates that short trades amount to $5.32 thousand, while long trades amount to $44.66 thousand.

This spread indicates that most traders are betting on the price rising, if the rise in Kaspa continues, liquidation of long positions could lead to further price rise.

Therefore, liquidation data supports the potential for higher prices, especially if Kaspa continues to maintain its bullish momentum.

Market sentiment towards Kaspa remains cautiously optimistic, with open interest down 1.96% to $152.79 million. This indicates a decline in market activity but does not necessarily indicate a bearish shift.

Overall, market sentiment remains positive, and many traders remain confident in Kaspa coin’s growth potential.

Based on Kaspa’s successful breakout, bullish technical indicators, and overall market sentiment, Kaspa token is likely to continue rising, and may surpass $0.21 in the near future.

Therefore, Kaspa coin price prediction for 2025 looks promising, with great growth potential, however, traders should closely monitor key resistance levels and market conditions to adjust their strategies as needed.