KAS slips amid sustained selling pressure with price entrenched under MA-20: weekly review

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Kaspa falls 4.56% this week

Highlights

Kaspa trades well below key moving averages, confirming a sustained bearish trend and dominant selling pressure.
Momentum indicators remain deeply negative with oversold readings, reinforcing weak sentiment and limited upside prospects.
Expected price range for the next week is $0.0270–$0.0290, with low probability of a break above resistance.

Deepening bearish momentum as oversold signals dominate weekly chart

Weekly technical momentum for KAS remains decisively negative. The price is entrenched below the MA-20 and MA-50, while the MA-20 at $0.0319 now serves as the nearest dynamic resistance after a steady decline. Weekly momentum indicators confirm oversold conditions: the RSI and CCI are in oversold territory, the Stochastic RSI is deeply oversold, and both MACD and ADX show weakening momentum. The Bull/Bear Power indicator reinforces that sellers are in control. Key weekly support sits around $0.0270 and resistance is at $0.0290 and then $0.0319 (MA-20).

Sideways outlook favored as breakout risk remains low next week

For the coming 7 days, KAS is likely to trade within a narrow range of $0.0270 to $0.0290, with a very low probability (less than 20%) of upward movement. None of the main indicators are showing Buy or Strong Buy signals, so continued sideways price action is probable. A bullish scenario would require a move above $0.0290 to challenge resistance, but this is unlikely in the current environment. A bearish case could see KAS break below $0.0270 if selling pressure remains elevated.

Anton Kharitonov, expert at Traders Union, highlights that Kaspa (KAS) continued its steady decline over the past week, trading persistently below key moving averages and sustaining a clear bearish trend. He notes that selling pressure remains the dominant theme, with all momentum signals—MACD, ADX, RSI, and CCI—pointing to deep oversold conditions but offering no technical signs of reversal. The MA-20 at $0.0319 stands as the nearest resistance, while support is concentrated around $0.0270. Kharitonov believes that, given the very low likelihood of upward price movement and unwavering negative momentum, the baseline scenario for Kaspa is further sideways or even lower price action. Tactical positioning should be defensive as long as sellers are in control and no buy signals emerge. "As long as Kaspa trades below $0.0290 and sellers keep momentum, I remain skeptical of any bullish recovery this week."

Earlier, analysts noted that Kaspa was experiencing persistent bearish momentum, with technical signals favoring a continuation of the downtrend. The latest developments reinforce this negative outlook, with traders advised to monitor for a potential breakdown below $0.0270 as seller dominance persists.

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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