How High Can Kaspa (KAS) Price Go This Week?

KAS-4.6%
XRP-3.31%

Kaspa (KAS) has been busy on the development side, even though price has been under pressure with the rest of the market.

The network crossed 600 million total transactions, showing strong usage and throughput.  A new smart contract language called Silverscript was also announced, opening the door for native DeFi directly on Kaspa’s Layer 1.

On the institutional front, Zodia added custody support and a regulated ETP launched in Sweden. Despite those headlines, KAS is trading around $0.03081, and the chart still looks cautious.

  • Here’s What The KAS Chart Is Showing
  • What the Indicators Are Showing
  • Kaspa Price Targets to Watch This Week

Here’s What The KAS Chart Is Showing

On the 4H chart, the Kaspa price has been drifting lower for weeks.The pattern indicates lower highs, with the price being squeezed in a tight range around $0.030.

There was a recent pullback that temporarily took the price lower, but the buyers acted quickly. Since then, KAS has been moving sideways, holding just above the $0.030 level.

That area is now acting as short-term support. Right now, this looks more like consolidation than a breakout setup.

Source: Coinank

What the Indicators Are Showing

The CCI is hovering slightly above zero, which shows momentum is neutral. It is not deeply oversold, and it is not showing strong upward strength either.

ATR has dropped compared to earlier moves, which means volatility is cooling off. When volatility contracts like this, it usually means the market is waiting for a larger move.

OBV has been slowly trending down, which shows that buying pressure has not returned in a strong way yet. Volume has not picked up in a convincing manner.

However, the KAS price is stable, but there is no strong bullish push on the chart right now.

_****XRP Price Just Flashed a Historic Capitulation Signal**

Kaspa Price Targets to Watch This Week

If KAS holds the $0.030 level and starts pushing up, $0.033 is the first area to watch. Above that, $0.036 is the next hurdle since price broke down from there before.

If the buying pressure increases and the market becomes stable, KAS may move towards $0.040. If $0.030 breaks, the next target could be $0.027. Below that, $0.025 is the next level of support.

For now, the KAS price is boxed in. A clear move above $0.033 or below $0.030 will likely set the tone for the rest of the week.

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