Date: Thu, Aug 07, 2025 | 05:40 AM GMT
The cryptocurrency market is attempting a modest recovery after a sharp recent correction, with Ethereum (ETH) rebounding to $3,680 from its recent low near $3,357. This relief in broader sentiment has helped lift several altcoins — including Kaspa (KAS) — back into the green zone.
KAS is showing signs of life again, and its chart is now revealing a striking fractal pattern that closely resembles a recent bullish breakout seen in Mantle (MNT), hinting at a possible continuation to the upside.
KAS Mirrors MNT’s Blueprint
A side-by-side comparison of MNT and KAS on the daily timeframe highlights a notable structural similarity.
Not long ago, Mantle (MNT) broke out from a falling wedge pattern — typically a bullish reversal signal. It then followed up with a classic Bearish ABCD harmonic pattern. After bouncing from point C, MNT reclaimed its 100-day moving average and rallied nearly 40% toward point D — confirming the pattern and completing the bullish move.
Now, Kaspa (KAS) appears to be tracing a nearly identical path.
KAS broke out of its own falling wedge structure, initiated a strong move up to point B, retraced to C, and is now attempting to turn higher again. Just like MNT, KAS is testing its 100-day moving average, currently acting as a key resistance at $0.09095.
What’s Next for Kaspa (KAS)?
If this emerging fractal continues to play out, a reclaim of the 100-day MA could serve as a breakout confirmation — setting the stage for a potential rally toward the Potential Reversal Zone (PRZ) at $0.1250. That would mark a 43% upside from the current price.
However, for this upside fractal to remain valid, KAS must hold above key support at $0.08321 — the recent swing low at point C. The price is currently hovering just below the moving average, suggesting buyers need to step in soon to maintain momentum.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always do your own research and consider your risk tolerance before investing in cryptocurrencies.