Kaspa price is gaining momentum after showing early signs that a trend reversal could be in the works. Two different technical setups suggest that the momentum might finally be shifting. Insights shared by top analysts Crypto Haque and DeFi Decoder on X (formerly Twitter) highlight how the market structure is changing. Both analysts agree that Kaspa’s breakout is backed by strong volume and a solid defense of key support zones. Still, traders are keeping a close eye on how Kaspa handles the next big resistance ahead.
According to Crypto Haque, KAS price has just broken out of a falling wedge pattern with strong volume behind the move. This falling wedge, which appeared on the lower timeframes, is often seen as a bullish reversal signal. Before the breakout, Kaspa had been under a chronic downtrend, making lower highs and lower lows since it peaked at about $0.25.
Today, the price is now breaking above the wedge’s upper resistance line, crossing past $0.095 and getting close to $0.10. The breakout also comes together with an observable surge in trading volume, which typically shows the velocity of the move. Support for Kaspa has been holding strong between $0.050 and $0.070, an area where buyers have repeatedly stepped in. As for what’s next, Kaspa price faces immediate resistance around $0.10 to $0.105, with bigger hurdles waiting up at $0.13, $0.15, and $0.20.
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KAS Price Weekly Structure Signals a Potential Macro Shift
DeFi Decoder shared a broader perspective based on the weekly timeframe. According to the analysis, Kaspa has formed a strong bottom around the $0.05 to $0.055 range. This area, once a resistance during the 2023 breakout, now serves as firm support after multiple successful tests.
The weekly structure suggests a growing bullish momentum as Kaspa price pushes towards $0.10. Breaking and closing above this threshold could signal a structural trend shift. Historical resistance levels beyond $0.10 include $0.13, $0.15, and the range between $0.18 and $0.20, marking the prior highs of Kaspa’s major rally in 2023.
Traders Watch Bitcoin’s Influence
Both sources emphasized the potential influence of Bitcoin’s price action on Kaspa’s next moves. DeFi Decoder noted that sustained Bitcoin strength could help Kaspa price break through the $0.10 resistance. Crypto Haque’s commentary also reflected confidence in Kaspa’s utility and prospects.
The current outlook for Kaspa remains centered around whether the asset can maintain momentum and confirm a higher timeframe breakout. Traders and investors continue to monitor support and resistance zones closely for further validation.
Moreover, technical patterns suggest that the KAS price may be entering an early reversal phase after a prolonged correction period. With strong support levels intact and buying interest rising, the focus now shifts to the $0.10 resistance zone. Continued volume growth and broader market strength will likely play a decisive role in Kaspa’s short-term and mid-term trajectory.
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