Kaspa, FLR, and SKY surged today as top Thanksgiving crypto gainers | Credit: Veronica Cestari
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Key Takeaways
Kaspa, Flare, and SKY lead Thanksgiving crypto gainers with breakouts.
KAS and FLR break key resistance, signaling a rise in bullish momentum.
However, SKY’s price lags and remains stuck in a bearish consolidation.
As the U.S. plans to observe Thanksgiving today, three top 100 cryptos stood out with eye-catching gains.
Over the past 24 hours, Kaspa (KAS), Flare (FLR), and SKY have dominated the top 100 with substantial price gains.
While Kaspa’s price increased by 16.20%, FLR jumped by 9.57% and SKY posted an 8.83% increase.
In this analysis, CCN reveals how they became part of the top Thanksgiving crypto gainers. We also analyze what could be next for their prices.
Kaspa (KAS)
Looking at the daily chart, Kaspa’s price has shown renewed strength after breaking out above the upper trendline of a falling channel.
This breakout suggests that sellers are losing control while buyers begin to reassert dominance.
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Supporting this shift, the Money Flow Index (MFI) has broken above its previous downtrend. Also, it is now on the verge of crossing above the signal line.
This upward move in the MFI highlights an apparent increase in buying pressure.
Such a development increases the likelihood that Kaspa could challenge and break through its next significant resistance.
Adding to the bullish momentum, the Bull Bear Power (BBP) indicator has also turned positive.
A successful push above that zone may open the door for the next upside target near $0.022.
However, traders should remain cautious. If FLR fails to overcome the overhead resistance, this outlook may be invalidated.
In that scenario, the token could retrace lower, with a potential pullback toward $0.011 as bearish pressure reemerges.
SKY
Although SKY has seen a recent price uptick, the daily chart indicates that the altcoin remains confined within a descending triangle.
This structure signals that downward pressure remains a dominant force despite the short-term gains.
Adding to this outlook, the red Supertrend line continues to hover above the price, reinforcing the bearish bias and suggesting that SKY has yet to flip its broader trend into bullish territory.
At the same time, the Relative Strength Index (RSI) remains below the neutral 50 mark.
Until the RSI breaks above that midpoint, it may be difficult for the altcoin to muster enough momentum to challenge overhead levels.
However, if bearish momentum strengthens and sellers take over, the pattern could resolve to the downside.
In that scenario, consolidation would give way to a notable correction, pushing SKY into a deeper retracement phase and potentially retesting lower support zones.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.
With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.
He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.
In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.
At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.
He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.
