Kaspa price dips amid rising selling pressure

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Kaspa slides 10.12% today on weak trend

Highlights

KAS/USD remains under sustained downside pressure, trading below major moving averages across all timeframes.
Bearish momentum dominates with negative signals from most major indicators, while intraday volatility reaches 12.54%.
Nearest resistance sits at $0.0345, with an 80% probability of sideways-to-lower trading in a $0.03–$0.03 range absent a bullish breakout.

Anton Kharitonov, expert at Traders Union, notes that Kaspa's technical picture is weak, with the price trading below all major moving averages and experiencing persistent selling pressure. He observes the lack of any positive news flow to spark a shift in sentiment or reverse momentum, making the weakness more pronounced. Indicators confirm bearish momentum and there is no evidence of oversold exhaustion, so he sees further downside risk. Although intraday signals like Bull/Bear Power hint at a possible short-term rebound, these are not enough to alter the deeply negative backdrop. "The structure remains fragile, and unless there is a decisive break above $0.0345, risks are clearly skewed to the downside," Kharitonov warns.

Viktoras Karapetjanc, expert at Traders Union, prefers to focus on forward opportunities despite recent volatility in KAS. He sees that the intraday Bull/Bear Power signals buyer activity and the market is not oversold, which can support a potential rebound if sentiment shifts. The lack of fresh news may offer a clean slate for new narratives or catalysts. Karapetjanc remains constructive on eventual recovery scenarios, highlighting that a move above $0.0345 can attract buyers and restore bullish confidence. "Market offers multiple setups for opportunistic participants — once resistance is breached, further growth is expected," he says.

Broader bearish momentum persists as resistance aligns with weak intraday trend

KAS/USD is trading below the 20-, 50-, and 200-day moving averages, indicating ongoing pressure from sellers in the short, medium, and long term. The nearest dynamic resistance is at the Ichimoku Kijun level of $0.0345, with no nearby support from these averages. Momentum signals are negative, with the Moving Average Convergence Divergence (MACD) showing a sell signal and the Average Directional Index (ADX) confirming a neutral but weak trend. The Relative Strength Index (RSI), Stochastic RSI, and Commodity Channel Index (CCI) all indicate bearish momentum and a lack of oversold conditions, suggesting there is room for further declines. Bull/Bear Power (BBP) is marginally positive, pointing to buyer dominance intraday, and its “Strong Buy” forecast hints at a potential rebound attempt. The Awesome Oscillator is neutral and does not reinforce the main trend. After opening with a downside gap of about $0.0006, the current price has dropped 10.12% to $0.0293, near today’s low, with intraday volatility at 12.54%. The intraday tone remains weak, with sellers pressuring prices after the open, and there is notable divergence between some intraday oscillators and overarching bearish momentum.

Earlier, analysts noted that Kaspa was exhibiting persistent bearish momentum with limited prospects for a strong recovery. Current technical signals reinforce this outlook, and traders should closely monitor the $0.0290 level for signs of further downside risk or any shift in momentum.

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

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