KAS falls as downward price move accelerates

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Kaspa drops 7.24% after KOB testnet launch

Highlights

Kaspa launched a public testnet for its decentralized order book, enabling Layer 1 trading of KCC-20 tokens and programmable covenants.
The mainnet added support for Kaspet digital pets and new on-chain trading tools, expanding ongoing network applications.
KAS/USD trades below key moving averages with persistent selling pressure, a probable $0.026 to $0.0275 range, and bearish momentum confirmed by oversold signals.

On-chain upgrades and testnet launch as selling persists

Kaspa has launched a public testnet for its decentralized order book (KOB), enabling direct Layer 1 trading of KCC-20 tokens and adding programmable covenants, according to Analyticsinsight. Developer crono_walker completed the testnet deployment using upgrades from the June 2026 Toccata hard fork, as reported by Paragraph. In addition, the Kaspa mainnet introduced support for Kaspet digital pets and new on-chain trading tools, reflecting the network's ongoing application development—though price action has remained under broader selling pressure.

Multi-timeframe downtrend confirmed amid deep oversold signals

KAS/USD is currently below the MA-20 at $0.0277, the MA-50 at $0.0284, and the MA-200 at $0.0324, confirming a consistent multi-timeframe downtrend. The immediate technical resistance is set at the Ichimoku Kijun level of $0.0278. MACD and ADX both display a strong sell bias, while RSI, Stoch RSI, and CCI are entrenched in their verified oversold zones, reflecting deep selling exhaustion but without an established reversal. Bull/Bear Power remains negative, highlighting that sellers dominate intraday market dynamics. The Awesome Oscillator supports the ongoing downward movement, with no significant mixed signals across the major indicators.

Limited upside potential as strong downside risk dominates outlook

In the coming trading day, KAS/USD is likely to remain within the $0.026 to $0.0275 range, reflecting a tight volatility band relative to current levels. The probability of a near-term upward move is very low, with the downside scenario carrying a much higher likelihood. A bullish shift would require a break above the $0.0278 resistance, while a sustained fall below the $0.026 support level would reinforce an ongoing bearish trajectory.

Anton Kharitonov, analyst at Traders Union, sees that Kaspa is holding under persistent technical pressure despite several ecosystem upgrades. The launch of KOB and mainnet enhancements add value, but have not reversed the dominant selling momentum. Indicators remain deeply negative with no technical signals of a reversal. "As long as $0.026 support is vulnerable and the price remains below key moving averages, I remain defensive on KAS in the near term."

Earlier, analysts noted that Kaspa was under persistent bearish momentum as downside risks outpaced recovery prospects. The latest technical developments and expanded on-chain applications have yet to offset prevailing selling pressure, making a break above the $0.0278 resistance the key threshold to signal any potential short-term reversal.

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.