3 Altcoins Ready for Ascent: ETH, KAS, NEAR

• ETH: Reclaiming $2,200 support could position Ethereum for a breakout above $2,701.
• KAS: A falling-wedge breakout could propel Kaspa toward $0.054 and potentially $0.075.
• NEAR: Breaking the long-term trendline could open a path toward $3.30 and $8.

The crypto market can turn quiet charts into strong setups without much warning. Three altcoins now show signs of tightening price action. Ethereum, Kaspa, and NEAR each have clear technical levels ahead. Their charts also show lower volatility after long periods of pressure. That combination can create room for a strong directional move. Each project also has a different catalyst supporting the technical picture. Here is why ETH, KAS, and NEAR deserve close attention as momentum returns.

Ethereum Shows a Coiled Setup

Ethereum trades near $2,265 after a major correction from the $4,956 peak. The weekly chart found support near $1,748 on February 2. Since then, ETH reclaimed the important $2,200 support shelf. Buyers now face resistance around $2,701 before reaching $3,400 to $3,600. A break below $2,200 could expose support near $1,600. Weekly RSI continues rising toward neutral territory. Meanwhile, BBWP shows low volatility, suggesting price could soon expand. The daily chart adds another bullish detail. ETH remains inside an ascending parallel channel from the February low. Price also sits near the 0.382 Fibonacci level at $2,264.

Kaspa Builds Pressure Inside a Falling Wedge

Kaspa trades around $0.0325 after falling sharply from above $0.20. The weekly chart shows a mature falling wedge stretching back to late 2024. Such structures can signal a potential upside reversal after prolonged selling. A confirmed breakout could push KAS toward $0.054 initially. The next major target sits near $0.075. Support around $0.030 remains crucial for the bullish setup. Volume continues contracting, while BBWP signals unusually low volatility. RSI has also broken above a descending trendline. KAS now retests that former resistance as potential support. The Toccata hard fork adds another potential catalyst. The upgrade introduces KRC-20 tokens and programmable covenants. Silverscript also brings stronger scripting capabilities, including base-layer zero-knowledge verification.

NEAR Targets a Major Trendline Break

NEAR trades near $1.30 after months of consolidation around long-term support. Price continues pressing against a descending trendline from the 2022 peak. A clean breakout could open the path toward $3.30. The next target sits near $8, where previous peaks formed in 2024. Weekly BBWP shows compressed volatility across the chart. RSI also tests a descending trendline that could trigger stronger momentum. Beyond technicals, NEAR has a strong AI-focused narrative. The 2026 roadmap targets scaling toward one million transactions per second. AI-Intents, IronClaw, and NEAR AI Cloud strengthen that strategy. A TEE-secured GPU marketplace also expands the network’s AI infrastructure.

Ethereum, Kaspa, and NEAR each show signs of compressed volatility. ETH needs $2,200 support and a break above $2,701. KAS needs a falling-wedge breakout above resistance for higher targets. NEAR could accelerate after breaking the long-term descending trendline.

Source: www.bitget.com