The Kaspa (KAS) coin price has recovered 8% from recent losses and is showing signs of a potential upswing. The all-time high of $0.20 was followed by a significant decline as holders took profits. However, positive sentiment and increased Open Interest suggest increased demand and trader activity, supporting a bullish outlook for KAS. Analysts believe the coin's price could bounce off its current support level and continue rallying. The formation of a falling wedge pattern on the daily chart indicates a potential reversal after a downtrend, with the possibility of KAS reaching $0.17. However, resistance at the upper trendline of the falling wedge could invalidate this prediction, leading to a drop to $0.10.



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