Kaspa (KAS) Mimics SEI's 68% Rally, Eyes 30% Breakout

Kaspa (KAS) is showing strong signs of a potential breakout rally, according to a fractal pattern that mirrors the recent move of SEI. The cryptocurrency market is currently experiencing a recovery, with Ethereum (ETH) rebounding sharply from its recent low of $2,113 to climb above the $2,475 level. This renewed momentum has led to a bounce in altcoins, including KAS, which is now flashing a bullish fractal pattern.

The chart comparison between SEI and KAS reveals a striking resemblance in their setups. 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.

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. This area aligns with previous resistance levels and also mirrors the percentage gain SEI experienced after its breakout. If supported by strong volume, such a breakout could draw attention from technical traders anticipating a fractal-driven move.