--- title: "Solana (SOL) and Kaspa (KAS) reignite after pullbacks" url: https://diffcoin.com/solana-sol-and-kaspa-kas-reignite-after-pullbacks/ description: "Table of Contents With a backdrop of bitcoin ranging sideways, ready for the next push up, both $SOL and $KAS have bucked this trend with strong…" published: 2023-12-29 updated: 2023-12-29 author: "Mila" site: "Diffcoin" --- # Solana (SOL) and Kaspa (KAS) reignite after pullbacks ## Table of Contents **With a backdrop of bitcoin ranging sideways, ready for the next push up, both $SOL and $KAS have bucked this trend with strong breakouts.** ## A strong upward trend The upward trend for $SOL really got going in mid-October of this year, and at the time of the initial surge $SOL had been traversing in a sideways channel since November of 2022. Source: Trading View That first explosion when it came took $SOL to the top of the channel and then through the resistance at $41. From that time on it has been a strong upward movement which has now pulled back over the last three or four days to the tune of 23%. ## $SOL breaks out Source: Trading View Following the pullback, $SOL has broken through the downward wedge. Now up against some strong resistance here, another break higher could see $SOL head to $120, and then $140. ## The $KAS rocketship Source: Trading View Since June of 2023 $KAS has been on a rocketship. In a 6-month period $KAS went from 1 cent to an all time high of 15 cents, and has gone into a period of several weeks of consolidation since then. ## $KAS breaks the wedge Source: Trading View However, in the last couple of days $KAS has broken out of the confines of a bullish wedge. Currently at resistance, a breakthrough can lead to new all time highs and further price discovery. *Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.* [Source link](https://cryptodaily.co.uk/2023/12/solana-sol-and-kaspa-kas-reignite-after-pullbacks)