The price of KAS has fallen to around $0.055, dropping over 13% in the past day. This follows the overall crypto market, which is down about 9% today.
Let’s look at Kaspa’s daily technical indicators to understand what could be expected from its price movement today.
What you'll learn 👉
Technical Indicators Analysis
RSI is 30.568 – The Relative Strength Index is sitting just above the oversold threshold of 30, indicating strong selling pressure. While not deeply oversold yet, this reading signals that the KAS price is nearing a point where some buyers could begin to step in if the trend persists.
MACD (12,26) is -0.006 – The Moving Average Convergence Divergence indicator remains negative, with the 12-day EMA sitting below the 26-day EMA. This setup points to continuing downward momentum and aligns with the overall bearish market sentiment.
CCI is -144.69 – The Commodity Channel Index shows Kaspa price trading far below its average. A reading this low indicates that the asset is heavily oversold, which typically signals a bearish trend, though it may open the door for a short-term bounce if volume returns.
Highs/Lows is -0.0092 – This negative value suggests that recent lows are outpacing recent highs, confirming that the trend remains bearish. The price continues to push lower, with no immediate sign of reversal on this metric.
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Ultimate Oscillator is 39.126 – This reading below 50 shows sellers still have the edge. While not extreme, the oscillator suggests that downward momentum dominates over multiple timeframes.
ROC is -28.982 – The Rate of Change indicator confirms a strong loss of price momentum. A nearly 29% decline in price movement over the measured period reflects aggressive sell pressure in the market.
Kaspa Price Prediction for Today
Bearish Scenario: With technical indicators pointing strongly toward a bearish setup, Kaspa price may continue its slide. If current pressure persists, the price could revisit the $0.050 support level. A break below that may expose KAS to further downside toward $0.045.
Bullish Scenario: Despite strong sell signals, RSI and CCI values nearing oversold territory could attract short-term traders aiming for a bounce. If support holds near $0.055, a temporary recovery to $0.060 or even $0.065 could occur, but the upside appears limited without a momentum shift.
Today’s Prediction: Given current indicators, Kaspa price is expected to trade between $0.050 and $0.060 today, with bearish bias remaining dominant unless momentum changes.
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