📢 Gate Square #Creator Campaign Phase 2# is officially live!
Join the ZKWASM event series, share your insights, and win a share of 4,000 $ZKWASM!
As a pioneer in zk-based public chains, ZKWASM is now being prominently promoted on the Gate platform!
Three major campaigns are launching simultaneously: Launchpool subscription, CandyDrop airdrop, and Alpha exclusive trading — don’t miss out!
🎨 Campaign 1: Post on Gate Square and win content rewards
📅 Time: July 25, 22:00 – July 29, 22:00 (UTC+8)
📌 How to participate:
Post original content (at least 100 words) on Gate Square related to
Kaspa (KAS) To Soar Higher? Key Harmonic Pattern Signals Potential Upside Move
Date: Sat, July 12, 2025 | 06:10 AM GMT The cryptocurrency market has reached a historic moment as Bitcoin (BTC) surged to a new all-time high of $118K. Ethereum (ETH) also posted an impressive 17% weekly gain, reinforcing bullish sentiment across the altcoins space. Among the standout performers, Kaspa (KAS) is back on a bullish path with a solid 12% weekly gain. Interestingly, a key harmonic pattern forming on the chart suggests that this move may just be the beginning of a larger upside.
Source: Coinmarketcap Harmonic Pattern Hints at Major Upside Looking closely at the $KAS 1D chart, the Bearish Bat pattern is forming clearly. It started at point X near $0.19, dropped to point A, bounced to B, then fell again to point C around $0.052. From that low, the token has begun recovering, now trading near $0.085, and currently testing the 200-day moving average at $0.093 — a key resistance level.
Kaspa (KAS) Daily Chart/Coinsprobe (Source: Tradingview) According to harmonic analysis, if KAS continues its current leg up (CD wave), the next key area to watch is the Potential Reversal Zone (PRZ), which lies between $0.174 and $0.190. These levels correspond with the 0.886 and 1.0 Fibonacci extensions, where the harmonic pattern typically completes. What’s Next for KAS? If Kaspa decisively breaks above the 200-day MA and holds, it would strengthen the bullish outlook and potentially trigger a +100% rally toward the $0.19 target zone. This would complete the Bat pattern and open the door for profit-taking or possible reversal, as often seen at the PRZ. However, traders should also monitor support at $0.076. A drop below this level may invalidate the harmonic setup and delay any upward continuation. Disclaimer: This article is for informational purposes only and reflects the writer’s personal views. It should not be considered financial advice. Always conduct your own research before investing in cryptocurrencies.