Here’s Exactly Why Kaspa Price Is Pumping Right Now

It has been a while since Kaspa holders had something to celebrate. Today is different. Kaspa (KAS) is up 7% and now trades above the $0.035 level. That may not sound like much, but for a token that has suffered weeks of steady decline, this green candle feels like a relief. Let us find out what is driving this sudden pump.

Reasons Behind Kaspa’s Pump: USDC Liquidity Pool Launches on Kaspa DEX

The primary catalyst appears to be the launch of a USDC liquidity pool on Kaspa’s native DEX, KaspaCom. Community member bozzoff69 highlighted the move. This marks a significant step in Kaspa’s DeFi evolution.

For the first time, users can perform direct on‑chain swaps between KAS and a major stablecoin without relying on centralized exchanges. That removes friction and opens the door for more trading activity. A stablecoin pair also attracts liquidity providers who were previously hesitant to participate.

The move occurred alongside a broader market uptick. Bitcoin is up 1.41% today. More importantly, U.S. spot Bitcoin ETFs recorded another $186 million in net inflows on April 16, according to news.bitcoin.com.

That signals renewed institutional demand. When Bitcoin leads, smaller caps like Kaspa often follow. The positive sentiment from ETF inflows buoyed the entire crypto market, and Kaspa is riding that wave.

Read also: Kaspa (KAS) Price Prediction: Analyst Maps Out 2 Possible Scenarios

Kaspa Price Forecast – Analyzing the MACD Chart

The attached hourly MACD chart (CryptoCompare Index, KAS/USDT) shows the moving average convergence divergence oscillator from April 5 to April 17. The MACD line started at 0.0315 on April 5, dipped to 0.0310 on April 7, then climbed to 0.0335 by April 11.

After a small pullback to 0.0315 on April 13, the MACD line resumed its uptrend, reaching 0.0340 on April 17. The signal line has remained near zero throughout, while the histogram shows only a tiny negative reading on April 7 (‑0.0005) and otherwise flat near zero.

Source: CryptoCompare.com

This configuration indicates that momentum is just beginning to turn positive. The MACD line crossing above the signal line would confirm a bullish reversal. Currently, the lines are converging. A crossover in the next 12‑24 hours would support further upside.

Short‑term price prediction: If the MACD line breaks above the signal line, the KAS price could test $0.038‑$0.040 within a few days. Resistance sits at $0.042, then $0.045. Support remains at $0.032‑$0.033. If the MACD fails to cross, a retest of $0.030 is possible. The current pump is encouraging, but volume needs to increase for sustained recovery.

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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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