Kaspa / USDTLong
Falling wedge on weekly bullish factors TA and Fund
Kaspa appears poised for a potential Coinbase listing, with a textbook falling wedge pattern on the weekly chart hinting at a bullish reversal as oscillators reset and momentum builds. As a fair-launch project, Kaspa maintains decentralization by having coins mined or traded openly. With KRC-20 sell pressure seemingly exhausted, bearish momentum has faded. Kaspa's robust Layer-1 tech stack and 10 BPS foundation are now established, strategically setting the stage for showcasing its scalable infrastructure and the introduction of smart contracts, aligning with a well-timed expansion strategy.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.