Elite Trader Updates His Kaspa Price Prediction

Kaspa price is at a technically important point, and More Crypto Online has updated his KAS outlook with two very different paths depending on whether current support survives.

His latest Elliott Wave analysis keeps the short-term pressure tilted lower, but he also identifies a clear bullish trigger that could reopen the path toward $0.08-$0.10 later in the year.

For now, the key question is whether the Kaspa price can stop falling before the $0.028-$0.029 area breaks.

Kaspa Still Looks Vulnerable on the Daily Chart

On the higher timeframe, More Crypto Online treats the latest KAS rebound as a three-wave corrective move rather than the start of a confirmed bullish trend.

That recovery was rejected at a descending trend line, which has continued acting as resistance.

Because of that rejection, he believes the broader correction may still have more room to run.

His bearish roadmap allows KAS to fall below the August low near $0.025 and potentially reach the $0.018-$0.019 region, close to the 61.8% Fibonacci level in his analysis.

He described the current structure as still resembling a “falling knife,” meaning there is not yet enough evidence that a durable low has formed.

Kaspa Price Forecast: Bulls Still Have a Path Toward $0.08-$0.10

The more constructive interpretation appears on the four-hour chart.

More Crypto Online is tracking a possible 1-2 Elliott Wave setup, with the current decline potentially representing the final part of the pullback.

The first area where buyers could react is around $0.032.

The more important zone, however, is $0.028-$0.029.

He does not want to see KAS decisively lose $0.028 if the bullish count is going to remain credible.

From there, buyers would still need to prove themselves.

The first meaningful confirmation would be an impulsive recovery through the recent high around $0.043, followed by a break above the descending trend line.

If that happens, the analyst believes KAS could eventually move toward $0.08-$0.10.

Read also: Kaspa Tops Bitcoin, Ethereum and Solana on This Holder Metric

What Would Break the Bullish Kaspa Setup?

The analysis gives traders a fairly clean decision tree.

If KAS holds above roughly $0.028-$0.029 and then produces a strong move through $0.043, the bullish setup improves considerably.

If $0.028 fails, the August low around $0.025 becomes vulnerable.

Below that, the $0.018-$0.019 region becomes the deeper downside target.

So More Crypto Online is not calling a bottom yet.

His updated Kaspa price prediction is conditional: KAS is near an area where a recovery can begin, but until buyers produce a clear impulse and reclaim the descending resistance line, the risk of another leg lower remains very real.

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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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