Cashaa Project
Cahaa is a project that calls itself as the "New Era Of Business Banking"
It says that there are many businesses that are still underserved by banks. Cashaa has, for them, created a
hassle-free banking experience.
Let's dive into the rankings and tokenomics of the project.
Cashaa is ranked 1003 on Coingecko rankings. The market cap of the token is 14.23M as of writing this post.
It has a total supply of 1B tokens, while there are 725,890,858 already into circulation which is good.
Cashaa is up by 7% since last 24hrs. Current trading volume of the token is $728,086.
Casha can be traded on KuCoin, MEXC, BitBNS and Binance DEX.
Charts and analysis:
4hr Chart
Cashaa on 4hr time frame has been riding the 10ema while continuing get a decent bounce from 55ema whenever there is a retracement. Meanwhile, the 200ma has been acting as a resistance. On a short time frame, this 200ma needs to be conquered for a potential upside.
Daily Chart
The big picture is always in bigger time frames like daily and weekly. Let's look at the daily chart of Cashaa and see where it could be heading.
From the first look the chart looks rekt, but the same time it looks like an amazing opportunity. CAS has come out of the gas station where it filled its tank, from September 4th until 5th October and then started its move back up. It has had a retrace that is visible on the RSI as well. The stochs went up too quickly which was an indicator to not jump too soon. It seems Cashaa provided another opportunity to those who were left behind.
There is a golden cross about to happen on the daily, and most of the bots buy that signal. So I am expecting a decent rally from Cashaa short term and in mid term seeing the upside potential that it has.
$CAS made a double bottom recently on the weekly as well. The 2d, 3d, 5d and weekly golden crosses seem imminent as well.
Note: Nothing that I have mentioned in my post is a financial advice. Always do your own research and take care of your money.