Kaspa (KAS) Eyes 30% Rally After Reclaiming $0.089 as Resistance Turns Into Support
- Kaspa (KAS) targets a 30% price rally after reclaiming $0.089. Technical indicators show bullish convergence.
- Key upgrades like smart contracts and the Crescendo Fork reinforce long-term growth and support the breakout narrative.
Currently trading at $0.089, Kaspa (KAS) is flashing early bullish signals that could push its price to $0.110 in the coming days — a potential 29.79% surge from current levels. As investor confidence builds around a pivotal breakout above the $0.1 mark, KAS is approaching a crucial inflexion point, with both technical and fundamental momentum converging to paint a compelling price trajectory.
After enduring a 27.32% year-on-year correction, Kaspa has shown signs of recovery, posting 6.14% daily growth and 3.45% gains in the past 30 days. Price volatility remains low at 9.28%, which indicates consolidation rather than distribution. Over the past month, KAS recorded 16 green days, suggesting a steady upward grind.
Now the immediate resistance stands at $0.10. A daily close above this threshold would officially invalidate the descending trendline that has capped KAS since March. This level is seen as a breakout trigger, potentially catalyzing a surge toward $0.110 and ultimately $0.15, a psychological resistance level that, if breached, could open up accelerated price discovery.
RSI and MACD Support the Bullish Thesis
The Relative Strength Index (RSI) is currently neutral at 91, showing that Kaspa is at the peak of overbought level and a price correction might come sooner before a potential breakout. Meanwhile, the MACD line prepares for a bullish crossover, often an early signal of renewed momentum among technical traders.
Key support zones have emerged at $0.0800, $0.0785, and $0.0770 while the following resistance levels sit at $0.950, $0.0950, and $0.1, which KAS is actively testing. If these barriers flip into support, the case for a breakout solidifies.
Analyst Cihan Türkmen has pinpointed $0.0410 as the maximum downside retracement in a worst-case scenario but believes the $0.15 breakout threshold is becoming more realistic given the consolidation and volume structure.
Fundamentals Reinforce Price Momentum with Game-Changing Upgrades
While the charts speak clearly, the fundamentals amplify the narrative. Kaspa is one of the few Proof-of-Work chains building scalable Layer 1 smart contracts, a capability traditionally limited to Proof-of-Stake platforms like Ethereum.
Community leader Kaspa Fox confirmed this upgrade, which enables DeFi and dApp development directly on Kaspa’s core protocol—a disruptive evolution for the ecosystem.
The Crescendo Hard Fork, scheduled for rollout, will increase block throughput from 1 to 10 blocks per second, fundamentally improving transaction scalability and user experience. In parallel, the DAGKNIGHT protocol brings 50% Byzantine fault tolerance, significantly enhancing network reliability and security.
These upgrades not only position Kaspa as a rare PoW chain capable of hosting complex applications, but they also inject new long-term value into the KAS token—a likely driver of sustained price appreciation once speculative and retail capital recognize the roadmap’s depth.
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Kaspa (KAS) Eyes 30% Rally After Reclaiming $0.089 as Resistance Turns Into Support
- Kaspa (KAS) targets a 30% price rally after reclaiming $0.089. Technical indicators show bullish convergence.
- Key upgrades like smart contracts and the Crescendo Fork reinforce long-term growth and support the breakout narrative.
Currently trading at $0.089, Kaspa (KAS) is flashing early bullish signals that could push its price to $0.110 in the coming days — a potential 29.79% surge from current levels. As investor confidence builds around a pivotal breakout above the $0.1 mark, KAS is approaching a crucial inflexion point, with both technical and fundamental momentum converging to paint a compelling price trajectory.
After enduring a 27.32% year-on-year correction, Kaspa has shown signs of recovery, posting 6.14% daily growth and 3.45% gains in the past 30 days. Price volatility remains low at 9.28%, which indicates consolidation rather than distribution. Over the past month, KAS recorded 16 green days, suggesting a steady upward grind.
Now the immediate resistance stands at $0.10. A daily close above this threshold would officially invalidate the descending trendline that has capped KAS since March. This level is seen as a breakout trigger, potentially catalyzing a surge toward $0.110 and ultimately $0.15, a psychological resistance level that, if breached, could open up accelerated price discovery.
RSI and MACD Support the Bullish Thesis
The Relative Strength Index (RSI) is currently neutral at 91, showing that Kaspa is at the peak of overbought level and a price correction might come sooner before a potential breakout. Meanwhile, the MACD line prepares for a bullish crossover, often an early signal of renewed momentum among technical traders.
Key support zones have emerged at $0.0800, $0.0785, and $0.0770 while the following resistance levels sit at $0.950, $0.0950, and $0.1, which KAS is actively testing. If these barriers flip into support, the case for a breakout solidifies.
Analyst Cihan Türkmen has pinpointed $0.0410 as the maximum downside retracement in a worst-case scenario but believes the $0.15 breakout threshold is becoming more realistic given the consolidation and volume structure.
Fundamentals Reinforce Price Momentum with Game-Changing Upgrades
While the charts speak clearly, the fundamentals amplify the narrative. Kaspa is one of the few Proof-of-Work chains building scalable Layer 1 smart contracts, a capability traditionally limited to Proof-of-Stake platforms like Ethereum.
Community leader Kaspa Fox confirmed this upgrade, which enables DeFi and dApp development directly on Kaspa’s core protocol—a disruptive evolution for the ecosystem.
The Crescendo Hard Fork, scheduled for rollout, will increase block throughput from 1 to 10 blocks per second, fundamentally improving transaction scalability and user experience. In parallel, the DAGKNIGHT protocol brings 50% Byzantine fault tolerance, significantly enhancing network reliability and security.
These upgrades not only position Kaspa as a rare PoW chain capable of hosting complex applications, but they also inject new long-term value into the KAS token—a likely driver of sustained price appreciation once speculative and retail capital recognize the roadmap’s depth.
Highlighted Crypto News for Today
Reserve Rights (RSR) Soars After Coinbase Listing and Paul Atkins’ SEC Appointment
Read More
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