Kaspa price is starting the new week quietly, trading around $0.075 and struggling to stay above key support levels.
This comes even after the buzz surrounding its Kasplex Layer 2 launch, which includes smart contracts and EVM compatibility, a major technical milestone that, in theory, should attract more developers and users.
So far, though, the price hasn’t shown the big breakout many traders were hoping for.
What you'll learn 👉
What the KAS Chart Is Showing
The 4H chart clearly indicates a steady downtrend since mid-September, with lower highs and lower lows forming consecutively. After failing to hold the $0.09–$0.10 range, sellers have kept control.
Right now, the main support zone for KAS price sits around $0.072–$0.073, a level that held back in early September and again in late September.
On the upside, resistance lines are stacked at $0.081–$0.085 and then near $0.09, where multiple rallies have already been rejected. Until bulls can push through those levels, the overall structure stays weak.
Market Indicators
The indicators back up this cautious picture. RSI levels remain between 29 to 47, with the level of about 29 as the main line, which shows KAS price is in the proximity of oversold levels. That shows sellers have been in charge but also leaves room for a relief bounce if momentum flips.
Open interest dropped to about $477 million from about $488 million earlier in the month, reflecting that leveraged traders are unwinding risk.
At the same time, net longs are near –$140 million and net shorts are up at around $201 million, an indication of bearish positions being more prevalent than bullish positions. That tilt explains why the price has struggled to recover.
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KAS Price Short-Term Outlook for the Week
If Kaspa holds the $0.072–$0.073 support point, then the first target on the higher side would be a return to $0.081. Subsequently, the bulls will need to break above $0.085–$0.09 to change short-term direction and force toward the $0.10 level.
But if the price of KAS drops below $0.072, the subsequent target could be $0.068–$0.065, especially if the broader crypto market continues to struggle under selling pressure.
Bottom line: Kaspa begins the week resting on firm support and looking oversold. Bulls need to hold $0.072 and regain $0.081 in a dash to change the tone. If not, the path of least resistance remains lower, even with the long-term boost from its new smart contract upgrade.
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