The Crescendo hard fork is just four days away, and many in the Kaspa community is asking the same thing: will the price finally take off, or has the excitement already been priced in? Right now, the KAS price is sitting at around $0.09, which is about 5% higher than yesterday. Volume is up 25%, so clearly, there’s some movement happening behind the scenes.
Even with the upgrade so close, Kaspa isn’t pumping the way many had hoped. That’s left a lot of people frustrated. Still, the vibe from longtime holders is strong. They’re not worried about the short-term price. They’re thinking long term.
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What the Market Looks Like Right Now
In a video from Money and I, the host takes a wide-angle view of what’s happening across crypto. He says it’s a rough day in the market overall at the time of the video. Prices were mostly in the red. A few random coins like Worldcoin and Fartcoin were moving, but most of the action has cooled down. After a few strong weeks, a pullback was expected. As he puts it, “Nothing runs forever.”
The Fear and Greed Index is still in the “greed” zone at 56, though it’s been dropping slightly. And the Altcoin Season Index is at just 16 out of 100. That’s low. So no, we’re not in altcoin season yet.
He talks about how Bitcoin is trading sideways, which is usually a good sign for altcoins. But he’s unsure about Ethereum this cycle. Either way, Kaspa’s performance is still tightly tied to how the larger market behaves.
Kaspa’s Price and Why It’s Hard to Watch
Back to Kaspa. Even with Crescendo just days away, the price is stuck. It recently touched around $0.11, but then dropped back down. The host says he was hoping KAS would hold above $0.093, but that level didn’t hold. It bounced at $0.082, which is now a key support area. If that breaks, he warns we might be looking at a drop toward $0.05 or $0.06, though he hopes it doesn’t get that far.
He reads a quote from a fellow Kaspian on X, saying this is “the hardest hold” for Kaspa fans. Not because they don’t believe in it, but because it’s tough to stay patient while waiting for the world to catch on.
He says he agrees completely, and adds that most people only get bullish when prices are already up, using XRP as an example. Everyone said they bought XRP at $0.50, but most really jumped in when it was already at $1.50. By then, most of the gains were gone.
Kaspa, he argues, is still in that early stage. Its market cap is just above $2 billion, which is still low compared to what it could become. If it ever reaches XRP’s market cap, the returns would be huge. He also reminds viewers that Kaspa still isn’t listed on Binance or Coinbase, and that could be a big catalyst down the road.
Could Kaspa Break Out This Week?
The big resistance zone remains between $0.10 and $0.11. Breaking that could open the door to higher levels, maybe even $0.18 or $0.20 if the market turns green. But for now, it’s a waiting game. If the broader market gets a bounce this week, Kaspa could ride that wave and finally break out.
Read Also: Should You Keep Holding Kaspa Tokens Despite the Scary Price Action?
The host from Money and I closes the video by saying he’s holding no matter what happens in the short term. Whether Kaspa pumps now or later, he believes the long-term story is intact.
So the question remains: will the Crescendo upgrade be the spark that finally pushes Kaspa higher, or will it be another “buy the rumor, sell the news” moment? Let’s see what the next few days bring.
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