Smart contract upgrade lifts Kaspa higher despite looming long-term resistance

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Kaspa jumps 7.63% today to $0.0399

Highlights

Kaspa has launched smart contracts via the KRC-20 standard on mainnet, enabling decentralized applications and broadening network utility.
The mainnet upgrade positions Kaspa to attract more projects seeking efficient blockchain infrastructure for financial tools and dapps.
KAS trades with strong short-term bullish momentum but faces longer-term resistance, with a five-day expected range of $0.036 to $0.044 and downside risk favored by weekly technical signals.

Ecosystem expansion as smart contracts launch on Kaspa mainnet

Kaspa has activated smart contracts on its mainnet through the KRC-20 standard as of March 24, 2026, with the rollout of version 20 of the Alhamdulillah update. This development enables decentralized applications and financial tools on the Kaspa blockchain, broadening its ecosystem capabilities. The mainnet activation expands opportunities for projects and users seeking more efficient blockchain solutions.

Positive momentum endures amid overbought signals and tempered volatility

Daily momentum is positive with both MACD and ADX showing bullish signals, supported by a 7.63% rise from the previous close and a steady climb near today's high. Oscillators present a nuanced view: RSI (59.3) and CCI (67.8) point to buying pressure, while Stoch RSI is neutral on D1 but overbought on intraday timeframes, hinting at potential short-term exhaustion. BBP registers a strong buy, confirming buyer dominance, and the AO direction on most timeframes supports further gains. No significant opening gap is noted (today’s open $0.0363 versus previous close $0.0371). Intraday volatility has been moderate, with price holding strength toward session highs and clear upward tone after the open. If anything, oscillators suggest some caution as overbought readings build up even as bullish momentum persists.

Low upside potential as bearish weekly indicators shape outlook

For the next five trading days, the expected range for KAS is $0.036 to $0.044, calibrated to reflect the current volatility and recent price action. The probability of a price increase is very low (less than 20%), with a decline the more likely scenario, based on bearish weekly signals from RSI, ADX, MACD, and MA-50. The baseline scenario sees price consolidating in a sideways corridor around immediate support and below longer-term resistance. In a bullish case, a breakout above $0.040 – $0.044 could trigger rapid upside if momentum sustains, while a bearish scenario would see KAS slip below $0.036, exposing it to further downside if weekly selling pressure intensifies.

Viktoras Karapetjanc, expert at Traders Union, sees Kaspa’s momentum backed by expanding mainnet functionality and bullish sentiment in recent sessions. He notes strong demand following the KRC-20 smart contract activation, further broadening Kaspa’s fundamental appeal. Resistance at $0.0494 and overbought signals may trigger a short-term pause, but core adoption drivers are positive. Karapetjanc believes any dip toward $0.036–$0.0351 could attract buyers if network traction continues. "If Kaspa manages to hold above immediate supports, I expect renewed upside as adoption deepens and sentiment remains constructive."

Earlier, analysts noted that Kaspa’s bullish short-term momentum was tempered by signals of potential consolidation or downside risk amid lingering long-term resistance. The latest activation of smart contracts and continued upside in price action add a new dimension to the outlook, positioning $0.040 as a pivotal resistance level to watch for a sustained breakout or renewed consolidation in the near term.

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.