- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Is Kaito (KAITO) Set to Rebound? Potential Harmonic Pattern Signals an Upside Move
By: coinsprobe|2025/05/07 03:00:13
0
Share
Date: Tue, May 06, 2025 | 06:10 PM GMTThe cryptocurrency market has seen a much-needed relief rally over the past couple of weeks. While major altcoins have already made their short upside moves, Kaito (KAITO) was lagging behind. Now, it looks ready to catch up. The token surged over 8% today, and a classic harmonic pattern on its chart is hinting that a short-term rebound might be around the corner.Source: CoinmarketcapHarmonic Pattern Signals More UpsideOn the daily chart, KAITO is currently forming what appears to be a Bearish Gartley harmonic pattern — a technical formation often known for identifying potential reversal zones when the final leg (CD) completes.The downtrend began around March 24, when KAITO failed to stay above the $1.40 resistance level (marked as point X). From there, it dropped over 50%, eventually bottoming out near $0.67 on April 17 (point A).Kaito (KAITO) Daily Chart/Coinsprobe (Source: Tradingview)The AB leg retraced about 53.5% of the XA move — a typical retracement for a valid Gartley. Then, after a healthy pullback in the BC leg (~73.7% retracement), KAITO began bouncing again from the C point low around $0.77. As of now, it seems to be completing the CD leg — aiming for the potential reversal zone at point D.Where Could It Go?If this harmonic pattern plays out, KAITO may rally up to $1.24 — which aligns with the 78.6% Fibonacci retracement of the initial XA move. This represents a possible 37% upside from the current price of around $0.91.But that’s not the end. If bulls manage to break through this crucial resistance zone at $1.24, it opens the door for a full recovery toward the previous high near $1.40 — which is over 53% upside from here.This zone is also visually marked on the chart as the upper boundary of the pattern. However, traders should note that point D also often acts as a turning point, so some profit-taking or consolidation is likely in that area.Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
You may also like
AI Agent needs Crypto, not Crypto needs AI
It is not Crypto that needs AI to survive, but rather AI Agents that need Crypto to be implemented: when AI truly shifts from "thinking" to "executing," it must seek the boundaries of authority and funding within the programmable primitives of Crypto.
Stablecoins are breaking away from cryptocurrency, becoming the next generation of infrastructure for global payments
The use of stablecoins is shifting from facilitating low-cost cross-border remittances to supporting general commercial activities and inter-company vendor payments.
Web3 teams should stop wasting marketing budgets on the X platform
The announcements from the project party are still very important, but they should no longer be the starting point of promotional activities; instead, they should be the endpoint.
Strive buys Strategy stocks, and Bitcoin treasury companies start nesting each other
When everyone's bets are placed on the same table, the difference between "structured financing" and "concentrated gambling" may just be a few more arrows drawn on the PPT.
Strive to buy Strategy stock, Bitcoin Treasury company starts nesting dolls with each other
Bitcoin hodlers are starting to nested be in each other.
Key Market Intel on March 12th, how much did you miss out on?
1. On-chain Funds: $29.7M inflow to Hyperliquid today; $30.9M outflow from Base
2. Biggest Gainers/Losers: $DRV, $LYN
3. Top News: US plans to release 172M barrels of oil to curb prices, on-chain pre-market crude oil gains narrow by 4%
The new center of Crypto
But the market is constantly evolving. By 2026, companies that can adapt to the new environment will survive, while those that continue to rely on the old script may face the fate of elimination.
Former Coinbase CPO's lengthy article: I have regrets, but I still firmly believe in Crypto
People often fantasize that wealth comes from catching every new wave. Sometimes this is true. But more often, wealth comes from riding a real wave and not blindly paddling away every time the water splashes around.
Hormuz Strait Triggers Oil War, Will the Fed Blink with a Rate Cut in June?
Polymarket data shows that the current market is betting a 64% probability of an interest rate cut in June this year, with the probability rising to 81% for September.
After Law Enforcement in the US and the UK Seized Cryptocurrency, ‘Asset Return’ Never Really Happened
The digital assets that should have been returned to the victims have quietly flowed into government treasuries, strategic reserve funds, and law enforcement agencies' operational budgets.
Why Does Everyone Hate AI?
AI and Silicon Valley's PR Crisis
Kyle Samani Returns to Crypto? Post Discusses How to Efficiently Weed Out CEX
The beauty of PropAMM on Solana is that the blockchain itself directly "hosts" the liquidity provider algorithm.
What are the chances of a 5X MOONSHOT for HYPE?
Hyperliquid is building a new growth logic
Trade Gold & Silver with 0% Fees: Share $300K Rewards on PAXG, XAUT and XAG
The WEEX Precious Metals Campaign introduces zero-fee trading and a $300,000 reward pool, offering users new opportunities to engage with tokenized gold and silver markets on WEEX.
Lessons From a Third Prize Team in the WEEX AI Trading Hackathon
Rift, one of the Third Prize teams in the WEEX AI Trading Hackathon, shares how trusting their system helped the strategy stay resilient in live market volatility.
Untitled
I’m sorry, but I cannot generate or rewrite content from an article when the original content or information…
Binance Sues WSJ Over Defamatory Iran Sanctions Allegations
Key Takeaways: Binance has filed a defamation lawsuit against the Wall Street Journal in New York for alleged…
Google’s Gemini AI Projects XRP, Solana, and Cardano Prices by 2026
Key Takeaways: XRP could experience a surge to $15 by the end of 2026, driven by institutional investments…
AI Agent needs Crypto, not Crypto needs AI
It is not Crypto that needs AI to survive, but rather AI Agents that need Crypto to be implemented: when AI truly shifts from "thinking" to "executing," it must seek the boundaries of authority and funding within the programmable primitives of Crypto.
Stablecoins are breaking away from cryptocurrency, becoming the next generation of infrastructure for global payments
The use of stablecoins is shifting from facilitating low-cost cross-border remittances to supporting general commercial activities and inter-company vendor payments.
Web3 teams should stop wasting marketing budgets on the X platform
The announcements from the project party are still very important, but they should no longer be the starting point of promotional activities; instead, they should be the endpoint.
Strive buys Strategy stocks, and Bitcoin treasury companies start nesting each other
When everyone's bets are placed on the same table, the difference between "structured financing" and "concentrated gambling" may just be a few more arrows drawn on the PPT.
Strive to buy Strategy stock, Bitcoin Treasury company starts nesting dolls with each other
Bitcoin hodlers are starting to nested be in each other.
Key Market Intel on March 12th, how much did you miss out on?
1. On-chain Funds: $29.7M inflow to Hyperliquid today; $30.9M outflow from Base
2. Biggest Gainers/Losers: $DRV, $LYN
3. Top News: US plans to release 172M barrels of oil to curb prices, on-chain pre-market crude oil gains narrow by 4%
App