Kaspa Is a Top Bullish Coin on CoinMarketCap

Kaspa (KAS) continues to show strong signs of retail confidence with #2 in bullish sentiment on CoinMarketCap’s trending coins list today. With a 92.3% bullish rating, it’s right behind XDC Network and ahead of heavyweights like Arbitrum, Floki, and Hedera. This level of optimism from retail traders is notable, especially during a market phase where Bitcoin dominance has started slipping and altcoin narratives are heating up again.

Despite not being the loudest project on Crypto Twitter, Kaspa consistently commands a loyal following – and today’s sentiment data proves it. The strong community conviction suggests KAS might be preparing for a renewed push, but let’s dig into the price chart to see whether that optimism has technical backing.

Kaspa Price Analysis: Bulls Hold Above 200-Day EMA

Kaspa is currently trading at $0.099, down slightly on the day, but still above the critical 200-day EMA, which now sits around $0.092. The 200 EMA had been acting as a major resistance level for months – so flipping it into support in July was a major technical victory for bulls.

After surging from sub-$0.07 in June to over $0.118 in mid-July, KAS pulled back, but has so far respected the $0.09–$0.095 support zone. This is a key area to watch. If KAS holds above it in the coming days, the structure remains bullish.

Source: TradingView

The daily RSI is neutral at 57.8, suggesting there’s still room to move higher without being overbought. However, momentum has cooled slightly, and bulls will need to reclaim $0.105–$0.11 to reestablish a near-term breakout setup.

What to Watch Next

  • If bulls defend $0.095, Kaspa could retest $0.11 and then challenge the recent high near $0.118.
  • A break below $0.092 (200 EMA) would weaken the bullish structure and open up downside risk toward $0.085.
  • Sentiment remains a strong tailwind – but follow-through needs volume, especially if it’s going to revisit the $0.13–$0.14 zone.

With strong community support and a rising technical trend, Kaspa remains one of the more promising mid-cap altcoins to watch during this phase of the cycle.

Read also: Kaspa (KAS) Price Drops, But ‘Diamond Hands’ Are Growing – Here’s What That Means

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Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

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