3 Most Shining Crypto on Thanksgiving Day – Will the Uptrend Continue?

Jakarta, Pintu News – As the United States celebrates Thanksgiving Day today, three cryptos from the top 100 stole the show with significant price spikes. On November 27, Kaspa (KAS), Flare (FLR), and Sky (SKY) were the leaders among the top 100 crypto assets with notable price increases.

Kaspa’s price jumped 16.20%, while FLR rose 9.57%, and SKY recorded a gain of 8.83%. In this analysis, the CCN website reviews how these three cryptos managed to be among the biggest gainers on Thanksgiving, while also discussing their potential future price direction.

Kaspa (KAS)

Based on the daily chart (27/11), Kaspa prices are showing renewed strength after breaking the upper trend line of the descending channel pattern. This breakout indicates that selling pressure is starting to weaken, while buyers are starting to regain control.

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This trend change signal is also supported by the Money Flow Index (MFI) indicator which broke out of the previous downtrend and almost crossed its signal line to the upside.

This upward movement in the MFI reflects a clear increase in buying pressure. With this condition, Kaspa’s chances of testing and breaking the next important resistance are getting bigger.

Adding to the positive sentiment, the Bull Bear Power (BBP) indicator also turned positive, reinforcing the upward momentum. If this condition continues, Kaspa price has the potential to break the previous high of $0.066.

Confirmation above that level could pave the way to the next price target around $0.079. However, it is still necessary to be cautious. If the sellers (bears) manage to hold the $0.066 resistance area and thwart the breakout attempt, the upside scenario could fail to materialize.

In such a situation, KAS could come under selling pressure again, potentially pushing the price down to the support area around $0.036.

Flare (FLR)

FLR, the native token of the EVM-compatible Layer-1 Flare network, also made the list of standout performers on Thanksgiving. Based on the findings of the CCN website, the technical structure of FLR on the daily chart is very similar to the pattern seen in Kaspa.

As seen, FLR managed to break the resistance line of the descending channel pattern, indicating a potential change in trend direction. Looking closer at the technical indicators, the picture is still mixed, but showing signs of improvement.

FLR holder sentiment is still in the negative zone – signaling investors are still cautious – but the indicator is starting to point in an upward direction. More importantly, the MACD (Moving Average Convergence Divergence) indicator printed a bullish crossover – which is the first positive signal since September 7.

With this combination of signals, the price of FLR has a chance to continue rising. If this momentum holds, FLR has the potential to break the nearest resistance around $0.018.

If it manages to cross this level, the next upside target could be towards around $0.022. However, traders still need to be cautious. If FLR fails to break the existing resistance, this positive scenario could be invalidated.

In such a situation, the price of FLR is likely to correct, with a potential drop to the support level around $0.011 if selling pressure reappears.

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SKY

Despite SKY’s near-term price increase, the daily chart shows that the altcoin is still trapped in a descending triangle pattern. This pattern signals that selling pressure still dominates, despite the short-term upside.

This view is also reinforced by the red Supertrend line which is still above the price, signaling that the overall trend is still bearish and SKY is yet to show a trend reversal to the positive.

In addition, the RSI (Relative Strength Index) indicator is still below the neutral level of 50.

As long as the RSI has not broken above this midpoint, the likelihood of SKY gaining enough upside momentum to challenge the upper resistance level is limited. Under these conditions, SKY will likely struggle to break the resistance at $0.059.

As a result, SKY price is expected to continue moving sideways, and consolidate within the range of $0.042 to $0.050. However, if the bearish pressure strengthens and sellers begin to dominate the market, this pattern could end in a decline.

In that scenario, the consolidation phase could turn into a deeper correction, pushing SKY prices down further and retesting lower support zones.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• CCN. These Are the Top 3 Crypto Gainers This Thanksgiving – What’s Next for Their Prices? Accessed on November 28, 2025