KASUSD Daily Outlook

Kaspa is the fastest, open-source, decentralized & fully scalable Layer-1 in the world. The world’s first blockDAG – a digital ledger enabling parallel blocks and instant transaction confirmation – built on a robust proof-of-work engine with rapid
single-second block intervals.

GHOSTDAG -

GHOSTDAG does not orphan blocks created in parallel, but rather allows them to coexist and orders them in consensus. Whereby Kaspa is actually a blockDAG; you can see GHOSTDAG in action in a real time blockDAG visualizer. The GHOSTDAG ERC-20 Token allows users to enjoy the benefits of mined KAS without having to invest effort in the cumbersome task of procuring and managing KAS Mining Infrastructure

Main features -

Transactions per second 300

Block time - 10 seconds

KASUSD performed well in the past six days 

Any daily close above $0.20 confirms further bullishness.

ARUSD has gained more than 30% in the past four weeks.  The pair holds well above the short-term (21 and 55 EMA) and long-term moving average. It hit a high of $0.2065 and is currently trading around $0.2025.

The bullish invalidation can happen if the pair closes below $0.070. On the lower side, the near-term support is $0.180. Any break below targets $0.1450/$0.1150/$0.100. 

The immediate resistance stands at around $0.20. Any breach above confirms bullish continuation. A jump to $0.25/$0.30  is possible. A surge past $0.30 will take it to $0.50.

It is good to buy on dips around $0.1850 with SL around $0.1400 for TP of $0.300.