Kaspa falls 6.52% as sellers maintain control below long-term average
Kaspa (KAS) is trading at $0.0301, down 6.52% on the day. The price remains below its key moving averages, reflecting persistent downside motion.
Highlights
- Kaspa's mainnet surpassed 2.3 billion transactions following major scalability upgrades, signaling robust network throughput and elevated ecosystem activity.
- Despite network growth, Kaspa's token faces broader selling pressure, with price action disconnected from recent fundamental achievements.
- KAS/USD trades below key technical levels amid dominant bearish momentum, with price expected to remain between $0.0291 and $0.0311 and downside favored.
Transaction milestone met as price lags strong network growth
Kaspa has surpassed 2.3 billion transactions on its mainnet following the rollout of major scalability upgrades in 2025. This completed milestone reflects ongoing high transaction throughput within the Kaspa ecosystem, pointing to the network's ability to meet user demand and support elevated utilization levels. Despite these developments, price action has remained under broader selling pressure.
Oversold signals emerge as KAS faces bearish momentum and resistance
On the hourly chart, KAS/USD trades below the MA-20 at $0.0311 and MA-50 at $0.0319, while on the daily chart it remains below the long-term MA-200 at $0.0368. The Ichimoku Kijun line at $0.0311 serves as immediate resistance. Momentum indicators are strongly bearish: the MACD and ADX both signal Sell conditions; RSI is deeply oversold at 29.5, closely mirrored by an oversold CCI. Stoch RSI, however, indicates a Strong Buy, which introduces a short-term counter-signal. BBP reflects intraday seller dominance, and the Awesome Oscillator (AO) aligns with the prevailing bearish trend. Overall, persistent selling is evident, though oversold oscillators suggest scope for a technical rebound.
Downside risk elevated as price consolidates in volatile range
Over the next 2–3 trading days, KAS/USD is expected to fluctuate within an anticipated band of $0.0291 to $0.0311, in line with typical volatility. Upward movement has a low probability at 21%, while the likelihood of further downside is substantially higher at 79%. The base case is for price to consolidate within this range; a bullish scenario would require a clear break above $0.0311, while a close below $0.0291 would expose the market to additional weakness.
Earlier, analysts noted that Kaspa was experiencing continued bearish momentum alongside caution from traders due to persistent selling pressure. The present analysis reinforces this view, with technical readings again highlighting dominant downside risk—traders should monitor for a decisive move below $0.0291, which could accelerate further weakness.
Latest Kaspa (KAS) News
- Forex
- Crypto