KAS, MKR And ENS Hints Bullish Cues: Are They Worth Buying Now?

• 1 Kaspa (KAS) is in an uptrend, it is set to mark a new ATH mark shortly.
• 2 Maker coin (MKR) witnessed a breakout and surged over 25% this week.
• 3 ENS token price has climbed above the key EMAs and looks bullish.

The Kaspa (KAS), Maker (MKR) and Ethereum Name Service (ENS) cryptos were on the top gainers index and surged more than 5% intraday.

Amidst the market indecisiveness and volatility, these crypto assets have displayed significant demand and contributed their gains in the market.

After a long time, these cryptocurrencies displayed positive moves, revealing a positive change in their price action.

Kaspa (KAS) Set to Breach its ATH Mark: Rally Imminent?

Trading in the upward trajectory, Kaspa token price formed higher high swings and could breach its ATH mark of $0.1826.

Notably, a rounding bottom formation was exhibited on the chart and a noteworthy volume buying activity was witnessed in the past few trading sessions.

Its price action revealed sharp bullish momentum and buyers justified their strength with a rise of over 25% this week.

Source: TradingView

At press time, KAS was trading at $0.1771 with an intraday gain of 9.91%, revealing bullish projections on the chart.

Notably, the trading volume spiked over 201% and the market cap rose to $4.25 Billion. Technical indicators revealed strong buying interest.

Maker (MKR) Revealed Falling Wedge Breakout: Could It Reach $3000 Mark?

This week, MKR escaped the falling wedge pattern in a breakout. Meanwhile, the coin is on the verge of extending the bullish waves and could climb the 100 day EMA.

A notable surge of over 25% was recorded in the last three trading sessions and buyers have shown their dominance. Meanwhile, the seller army looked trapped and had covered their positions.

Fueled by the sharp spike in the open interest value by over 31.86%, the buyers revealed buying interest with intense long positions.

Source: TradingView

At press time, MKR was trading at $2629 with an intraday gain of 11.21%, revealing sharp volume buying activity. Notably, the trading volume spiked over 110% to $ 154.93 Million and the market cap rose to $2.45 Billion. 

Its technical indicators witnessed massive bullishness and conveyed that the coin price might approach the $300 mark shortly.

ENS Gained Bullish Momentum: Could it Strike its Supply Zone Ahead?

ENS climbed past significant moving averages and looked bullish intraday. Recently, the token recovered from its demand zone of $11. 

Afterward, the token continued to last their gains and endured in stretching the bullish waves, leading to a notable recovery in the past few trading sessions.

Source: TradingView

At press time, ENS was trading at $26.41 with an intraday gain of 6.81%, revealing significant buying interest on the charts. 

Meanwhile, the trading volume looks average and spiked over 15.20% to $ 114.63 Million and the market cap rose to $834.60 Million. Ranked 81 in terms of market cap, the token has a total supply value of 100 million.

The RSI curve stayed in the overbought zone and glimpsed a positive crossover. Similarly, the MACD indicator directed the green bars on the histogram and revealed a bullish outlook.

If ENS crosses the $30 mark, a sharp rise toward the $40 would be anticipated.

Amidst the initial price upticks, these crypto assets still have more upside left and might continue to sail in the bullish waves ahead. Analysts have guided their positive outlook on them and give an outperform rating.

Disclaimer

This article is for informational purposes only and provides no financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.