The cryptocurrency market is abuzz with the news of Kaspa (KAS) being listed on Kraken. Trading is set to commence on November 19, and the event has already sparked a positive price movement.
Kaspa's Initial Rise
Kaspa (KAS) is gearing up for its listing on the Kraken exchange, causing its price to rally over 5%. The token is currently trading at $0.1599, with trading set to start on November 19 at 14:00 UTC with trading pairs $KAS/$USD and $KAS/$EUR.
KAS Technical Analysis
The chart shows Kaspa's recovery from the support level of $0.10 and testing of the crucial resistance trendline at $0.16. A breakout above $0.1634 could enhance the bullish momentum and aim for resistance levels at $0.1763 and $0.2084, potentially leading to a 30% upside.
Expectations from Kraken Listing
With the upcoming listing and bullish technical indicators, Kaspa is poised for a potential upswing. Confirmation of the breakout could lead to significant upward movement in the coming days.
Awaiting its Kraken listing, Kaspa has already shown market dynamism. If current technical indicators hold, the token could see further growth.
