KAS today news: Kaspa consolidates near lows with weak technicals and resistance at $0.0496

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Kaspa slides 7.25% today

Highlights

Kaspa's network experienced disruption following the shutdown of the Kaspa Explorer (kas.fyi), a critical network tracking tool maintained by a solo developer for three years.
The Kaspa Crescendo upgrade was completed, improving transaction speed and enhancing network stability, signaling continued technical development of the blockchain.
Kaspa's circulating supply stands at 27,014,500,000 KAS, with a market capitalization of $1,245,170,000, reflecting ongoing significant market presence.

Explorer shutdown and Crescendo upgrade shift network dynamics

Kaspa's network was recently impacted by the shutdown of the Kaspa Explorer (kas.fyi), a key tool for tracking network activity maintained by a solo developer for roughly three years. The project also completed its Crescendo upgrade, enhancing transaction speed and network stability. Current on-chain data reflects Kaspa's status as a GHOSTDAG protocol-based blockchain with a circulating supply of 27,014,500,000 KAS and a reported market capitalization of $1,245,170,000.

Oversold indicators deepen as sellers dominate amid volatility

Momentum indicators on D1 continue to signal bearish sentiment: MACD and ADX both indicate selling pressure, and the RSI (38.25), Stochastic RSI (0.0), and CCI (-140.46) are all registering oversold levels. BBP is negative, highlighting clear dominance by sellers during the session. The Awesome Oscillator is neutral, and the daily price has dropped sharply (down 7.25%), with no gap at the open but persistent weakness driving price close to today’s low. Volatility is moderate to high and the session shows sustained downside pressure after the open, which confirms the momentum signals.

High risk of further declines as consolidation expected

For the next five sessions, the expected price range is $0.0380 – $0.0450, reflecting the typical volatility band relative to current levels. The probability of further price decreases is very high (more than 80%), with upward moves less likely. The baseline scenario is a sideways consolidation between $0.0380 and $0.0450. A bullish scenario would require a recovery above $0.0496, while a bearish scenario would be triggered by a break below $0.0380, opening the way to further declines.

Viktoras Karapetjanc, expert at Traders Union, notes that Kaspa is experiencing clear technical and sentiment-driven pressure. He sees that the recent Explorer shutdown has weighed on network confidence despite the macro-positive Crescendo upgrade. In his view, strong oversold readings suggest selling could fade, but price needs to reclaim $0.0496 to shift the trend. Baseline is sideways within $0.0380 – $0.0450, while the long-term fundamentals remain appealing. "Current weakness is tactical; as sentiment resets, a structural rebound is possible if Kaspa defends key support and trust returns to the network."

Source of Data: KAS Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.