Kaspa (KAS) 24-Hour Price Analysis
Kaspa (KAS) has shown bullish signs today, currently trading at $0.0927 with a 24h increase of +3.7%. The breakout above the descending trendline signals a potential upward reversal. Backed by strong volume nearing $111 million and a circulating supply of 26.1 billion KAS, Kaspa is gaining momentum.
š Technical indicators such as RSI at 59 and MACD flipping green indicate increasing buyer strength. The price has crossed above the 20 and 50-day EMAs, with momentum pushing it closer to resistance. The pivot level lies around $0.0931, and with buying pressure sustaining, KAS is expected to push toward the $0.095ā$0.10 range.
š„ Volume has surged from an average $50 million to over $150 million recently, confirming breakout strength. Bollinger Bands show expansion while Chaikin Money Flow is positive at +0.18, reflecting sustained capital inflow.
āļø On the development front, Kaspa is preparing for its Crescendo upgrade in May 2025, which will increase block production from 1 to 10 per second. The shift to the DAGKNIGHT consensus protocol will enhance scalability and network efficiency. These updates are fueling long-term optimism.
š¬ Sentiment is also turning in Kaspaās favor. It has become the most discussed altcoin across social media in the last 48 hours, with 82% of CoinGecko users expressing bullish sentiment. The Fear & Greed Index for Kaspa is currently at 56, indicating market greed and confidence.
Based on this technical and sentiment-driven setup, Kaspa is expected to rise toward the $0.095 to $0.10 range in the next 24 hours, provided momentum holds. Breaking past $0.0945 will be a key trigger for continued upside movement.
