The price of cryptocurrency Kaspa (KAS) shows resilience, remaining in a range between $0.060 and $0.080. We continue to examine technical aspects and possible scenarios for further development.
Current Price and Changes
As of the time of writing, the KAS price stands at $0.0776, which is 3.05% higher compared to the previous day. The price has fluctuated within a range, staying above the 9-day simple moving average, which may indicate a small positive sign.
Technical Analysis and Indicators
Current technical indicators show mixed results. The Relative Strength Index (RSI) is at 49.92, indicating a lack of strong momentum. ADX at 22.43 also signals a weak bullish trend. MACD shows a slight bearish crossover. The overall situation remains neutral, with some signs of positive dynamics.
Forecast and Possible Scenarios
The future movement of KAS may unfold in three main scenarios. If bullish momentum takes over with increased volume, the price may break above $0.080, opening up the way to $0.090. If no changes occur, the current trend may hold between $0.065 and $0.080. Conversely, if the price begins to decline again, a drop back to the support level at $0.060 could be expected.
Currently, the price of Kaspa (KAS) demonstrates stability but does not provide clear breakout signals. Investors and observers should pay attention to demand and volume levels in anticipation of significant changes.
