Deeply oversold signals: Can Kaspa price avoid deeper losses?

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Kaspa drops 7.36% amid new adoption

Highlights

Kaspa implemented a hardened node update on September 22, improving network resilience against spam and bolstering transactional reliability.
Bayit Development will accept KAS for two Miami townhomes, creating a tangible real-world payment use case and potential incremental demand.
KAS/USD trades below key moving averages with strong bearish indicator signals, projected to range $0.0386 to $0.0411 over the next 2 to 3 days.

Network upgrade and real-world payment deal offset by selling pressure

Kaspa implemented a hardened node release on September 22, enhancing the network's resistance to spam attacks and reinforcing its transactional integrity. This upgrade directly supports greater reliability and user trust in the system, potentially supporting further use cases. Additionally, Bayit Development announced on September 26 it will accept KAS as payment for two Miami townhomes, introducing a concrete real-world transaction opportunity and incremental demand, according to Captainaltcoin, though price action has remained under broader selling pressure.

Bearish momentum builds as oversold signals and volatility persist

KAS is trading below the MA-20 at $0.0421 and MA-50 at $0.0428 on the hourly chart, but remains above the MA-200 at $0.0322 on the daily timeframe. Immediate resistance is marked by the Ichimoku Kijun at $0.0421, while key support lies near $0.0386. Intraday momentum remains negative, with MACD and ADX confirming bearish conditions. RSI is deeply oversold at 29.7, with both Stochastic RSI and CCI also indicating oversold territory. Bull/Bear Power highlights seller dominance, and the Awesome Oscillator aligns with the prevailing downtrend. Price action opened with a small gap and volatility remains elevated.

Further declines favored as sideways range likely to hold

In the short term, KAS/USD is expected to remain volatile within the projected range of $0.0386 to $0.0411 over the next two to three trading days. An upward move is seen as having a very low probability, while further downside remains highly likely. The baseline scenario calls for sideways movement inside the specified band. Should a bullish surge occur, a close above $0.0421 would be required to shift momentum higher; conversely, a break below $0.0386 would open space for further declines.

Viktoras Karapetjanc, Traders Union expert, sees recent network upgrades and real-world adoption steps as strong positives for Kaspa’s long-term fundamentals. However, he notes that near-term sentiment remains pressured by technical weakness and heavy selling. The analyst believes adoption announcements like the Miami townhomes expand future demand potential. Karapetjanc states: “I remain optimistic on KAS’s outlook as long as real-world use cases keep growing, even if the current trend stays weak in the short term.”

Earlier, analysts noted that Kaspa found support from ongoing utility and network upgrades, while downside momentum persisted under increased volatility. The current analysis reinforces the prevailing bearish scenario, emphasizing the importance of the $0.0386 support level as further declines could accelerate if this threshold is breached.

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.