The price of KAS is near a level that may become crucial for its future movement. Key analytical data shows positive sentiment in the market.
Current Price Situation of KAS
The KAS price has been trending upwards since late June, peaking at around $0.12 in late July and forming a base around $0.095–$0.10. Currently, the price is stable near the $0.10 mark, which is traditionally a starting point for the next move.
Market Sentiment and Positioning
According to Kaspa Daily, the funding rates remain positive since late June, indicating persistent demand from buyers. The KAS token ranks third for bullish sentiment, with the community continuing to show optimism.
Key Levels on KAS Chart
Near-term resistance is noted in the range of $0.098–$0.10. A clean 4H close above $0.10 would open the path to $0.105–$0.11. Support is located at $0.094–$0.095, with deeper support at $0.090.
The current situation with the KAS price indicates the possibility of significant movement in the near future. Monitoring support and resistance levels will be crucial for traders.
