Sellers maintain control as indicators stay negative

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Kaspa jumps 9.65% to $0.0327 today

Highlights

Kaspa on-chain data shows steady wallet activity among new holders, with no notable increase in exchange inflows or widespread selling by spot holders.
The recent decline in KAS price occurred alongside a broader crypto market correction, while community sentiment remains resilient amid heightened volatility.
KAS trades at $0.0327, well below short- and long-term moving averages, with resistance at $0.0390 and a low probability of a price increase in the next five days.

Stable wallet activity and sentiment amid market correction

Recent on-chain data for Kaspa shows wallet activity among new holders has remained steady, with no significant increase in exchange inflows or widespread selling by spot holders. The decline in KAS occurred alongside a broader correction in the cryptocurrency market, while community sentiment and discussion have stayed relatively strong amid higher volatility.

Mixed momentum as oscillators diverge from bearish signals

Momentum readings on the daily chart remain mostly negative, with both the MACD and ADX in "Sell" territory, confirming weak trend strength. The RSI signals oversold conditions at 29.6, and the Commodity Channel Index is deeply negative, while the Stochastic RSI shows a "Strong Buy" bias, highlighting some potential for short-term relief. Bull/Bear Power also points to seller dominance. The price opened with an upward gap ($0.0331 vs. prior close $0.0298), and, despite a strong 9.65% daily gain, sits mid-range for the day after encountering resistance. Intraday volatility is moderate, and the tone suggests stabilization after an initial surge, but there is clear divergence between short-term oscillator optimism and weak overall momentum.

Sideways bias favored as breakout probability remains low

For the next five trading days, KAS is expected to trade between $0.0320 and $0.0346, with typical volatility keeping price action clustered around the current level. The calculated probability of a price increase is low (less than 20%), so a downward or sideways move is more likely. The base scenario is for continued sideways movement within a narrow corridor, with a bullish breakout requiring a move above the $0.0390 resistance, while a bearish scenario opens if support breaks to the downside.

Anton Kharitonov, expert at Traders Union, notes that Kaspa is showing persistent technical weakness, with price held under key moving averages and sellers clearly in control. He observes that momentum and trend signals remain negative, despite some short-term oscillator optimism and stable on-chain activity. Support is fragile, and resistance at $0.0390 remains the main hurdle for bulls. "My base case is sideways or lower within the $0.0320–$0.0346 zone — until KAS builds above $0.0390, risks stay to the downside."

Kaspa remains under intense selling pressure, trading well below all major moving averages and with price action concentrated near the lower end of its intraday range. Technical indicators including RSI MACD and ADX signal entrenched bearish momentum, with strong oversold readings and no immediate support, while dynamic resistance persists overhead.

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.