Kaspa (KAS) continues to show positive dynamics by breaking through a key resistance zone. This article reviews the current indicators, technical analysis, and potential price movement scenarios.
Current Market Situation for Kaspa
As of now, the price of Kaspa stands at $0.10179, with an increase of 8.10% over the last 24 hours. The price is confidently trading above the 9-period exponential moving average (EMA), confirming the strength of the uptrend. The recent breakout at the $0.101 resistance level is supported by increasing trading volume.
Chart Analysis and Technical Indicators
The 4-hour chart reveals a clear bullish setup with higher highs and rising support. The latest breakout indicates possible continued movement toward the $0.105–$0.11 range. However, several indicators suggest that the market may be overbought. Technical indicators such as MACD and ADX support bullish momentum while the relative strength index (RSI) is nearing overbought territory.
Price Prediction Scenarios for Kaspa
There are three main scenarios for Kaspa:
**Bullish Scenario:** If the breakout above $0.101 is confirmed with volume, a target may be set at levels around $0.105–$0.11.
**Neutral Scenario:** If a pullback occurs at current levels, consolidation may happen between $0.098 and $0.101.
**Bearish Scenario:** In case of closing below the $0.098 level, a retreat to support levels of $0.085 or $0.082 is possible.
Kaspa shows a bullish structure with rising momentum. The resistance area at $0.105–$0.11 is the next target. The expected launch of smart contracts on the Kaspa platform may influence market attention in the coming weeks.
