Here’s Where Kaspa (KAS) Price Is Headed This Week

KAS-0,65%
SEI2,12%

Kaspa (KAS) is moving through a rough market phase, but development on the network continues in the background.

A major hardfork is scheduled for May, introducing smart contracts and native assets through a covenant-focused upgrade. The goal is to bring programmability directly to Layer 1.

Kaspa has now processed over 600 million transactions, showing that people are still using the network and that its BlockDAG system is handling activity well.

Even with that progress, the broader market drop in late February, driven by geopolitical tension, pulled most crypto prices down, including KAS. The KAS price was not spared and is now trading around $0.02985 after testing support.

  • What the Kaspa Chart Is Showing
  • What the Indicators Are Saying
  • Kaspa Price Targets to Watch This Week

What the Kaspa Chart Is Showing

On the 4H chart, KAS remains in a broader downtrend. Price has been forming lower highs for weeks, and each bounce has struggled to gain momentum.

The recent correction took the Kaspa price down to the range of $0.024 to $0.025, but the token has since traded sideways in the range of $0.028 to $0.031. That range now defines the short-term battle zone.

Right now, KAS is trading just under $0.03. The market is no longer falling aggressively, but it also hasn’t broken structure. It looks more like stabilization after a drop rather than a confirmed reversal.

Source: Coinank

What the Indicators Are Saying

RSI is around the low 40s. That means the KAS price isn’t deeply oversold, but it’s not strong either. Buyers are not clearly in control.

MACD is flat with small bars, so there is no clear trend right now and no strong bullish signal.

DMI shows sellers slightly ahead, but not by much. The gap is small. MFI is also in the middle, which means money is flowing in and out evenly.

All of this points to one thing: the market is moving sideways, not making a big move yet.

_****Sei (SEI) Price at Historic Support as Experts Call It the “Final Gift”**

Kaspa Price Targets to Watch This Week

If KAS holds above $0.028, the next price to look at is $0.032. If it gets above $0.032, it can move toward $0.036–$0.038. After that, $0.047 is the next big level.

If the Kaspa price falls below $0.028, then $0.025 comes into view. If it drops under $0.025, the next area is around $0.022.

For now, KAS is trying to calm down after weeks of falling. The network news is positive, but the chart needs a move above $0.032 to look stronger. This week should show whether price starts climbing or tests lower levels again.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Crypto Analyst and Expert Says Bull Market Is Confirmed as Bitcoin Survives Shakeout

Crypto analyst and expert says bull market is confirmed.  Bitcoin survives a shakeout nd mirrors 2022 price chart.  This shows a positive sign for BTC to set a new ATH price soon. The crypto market seems to be heading into a strong recovery phase as the price of Bitcoin (BTC) recovers pr

CryptoNewsLand8m ago

Crypto Market Shows Gradual Growth As Top Assets Turn Green

The global crypto market saw a slight increase in total capitalization, while trading volume dropped significantly. Bitcoin and Ethereum prices rose modestly, with notable gains from altcoins like $DOGS, $PI, and $PEPE. DeFi TVL rose slightly, but NFT sales volume fell sharply. Key developments included new investments in gold-related tokens and Aave's launch of Aave Shield to reduce transfer slippage.

BlockChainReporter25m ago

Bitcoin Holds Steady Amid Middle East Escalation

Bitcoin remains resilient at $70K despite escalating Middle East tensions, reflecting strong investor confidence with exchange-held assets at a six-year low. Market participants show stability amidst volatility, demonstrating a capacity to price geopolitical risks.

CryptoFrontNews33m ago

Bitcoin Hits 6-Year Peak in Whale Activity As Price Stands Stable Near $70K

Bitcoin ($BTC) has hit a 6-year high in whale activity, with the Exchange Whale Ratio rising to 0.62. This surge suggests a potential market turning point, as large holders position themselves for upcoming trends, presenting opportunities for retail investors amidst contrasting market sentiments.

BlockChainReporter1h ago
Comment
0/400
No comments