KAS hits a new all time high at $0.2062 after 16.92% surge in 7 days. Kaspa flips MATIC with a $5b market cap.
Polygon As of this writing, KAS was trading at an all-time high of $0,2062 after reporting 16.93% gains on weekly charts. While KASPA recorded a massive surge, MATIC struggled to maintain its position.
AMBCrypto’s analysis showed that KAS was experiencing a strong upward momentum, while MATIC was declining. Additionally, the Awesome Oscillator was above zero at press time, suggesting that the short-term momentum was stronger than the long-term momentum; thus, bullish momentum prevailed.However, MATIC’s charts showed a different perspective, indicating a constant decline. MATIC’s Moving Average Convergence Divergence was negative at 0.0117, with signal line and histogram all below zero.
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