Date: Thu, June 26, 2025 | 06:20 AM GMT
The cryptocurrency market is showing strong signs of recovery as tensions between Israel and Iran ease. Ethereum (ETH) has rebounded sharply, jumping from its recent low of $2,113 to climb above the $2,475 level. Riding this renewed momentum, altcoins are bouncing across the board — including Kaspa (KAS).
KAS is now flashing a bullish fractal pattern that suggests a breakout rally may be near — one that closely mirrors the recent explosive move by SEI.
Source: Coinmarketcap
KAS Mirrors SEI’s Breakout Move
The chart above presents a direct comparison between SEI and KAS, and the resemblance in their setups is striking.
Earlier this month, SEI was consolidating inside a descending wedge pattern while trading near its 100-day moving average. This setup often acts as a launchpad, and in SEI’s case, once it broke above the wedge and the 100-day MA, the price exploded with a 68% rally.
Currently, KAS is showing a nearly identical setup. It has been consolidating inside a falling wedge of its own, with price action sitting just beneath the 100-day MA, which is hovering near the $0.086 mark. Much like SEI before its breakout, KAS appears to be coiling for a move — and the structure is tightening.
What’s Next for KAS?
If the SEI fractal continues to play out, KAS could be on the verge of a significant breakout. A strong daily close above both the wedge resistance and the 100-day moving average could confirm the pattern, potentially triggering a rally toward the $0.11 to $0.13 zone.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
