Kaspa (KAS) has seen a jump of nearly 28% in the past day as it tried to break out of a downtrend that has been ongoing since December. The altcoin's market cap reached close to $2 billion, with increased trading volume. The recent gains have been attributed to a listing on CoinMarketCap's "Made in America" category, which caught investors' attention. There is speculation that the U.S. administration may eliminate capital gains taxes on U.S.-based cryptocurrency projects. The promising results of Kaspa's Crescendo upgrade and its low transaction fees have also contributed to the recent price movement. However, technical indicators suggest a bearish outlook for KAS in the short term, with a potential fall back to the support range of $0.048 to $0.057. A strong break above the descending resistance trendline could mark a bullish reversal. As of now, KAS is selling at $0.067 per coin.



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