Here’s How High Kaspa (KAS) Price Could Go This Week

Kaspa price hasn’t had the easiest few weeks. After hitting highs near $0.12 in early September, the price has been in steady decline, sliding to around $0.05, one of its weakest levels in months

The sharp drop even included a flash crash that briefly sent KAS below $0.01, shaking out a lot of overleveraged traders before the market recovered.

Part of this pressure came from ProBit Global’s decision to delist Kaspa (KASPA) earlier this month. The exchange stopped deposits and trading on October 10, with withdrawals set to close on November 10. That move naturally dented sentiment and reduced short-term liquidity for KAS holders.

Still, the project isn’t struggling across the board. Kaspa remains listed on major exchanges like WhiteBIT and SwissBorg, so liquidity hasn’t dried up completely

And from a technical standpoint, the community has something to be proud of, Kaspa’s BlockDAG network is now achieving sub-10-second transaction finality, one of the fastest speeds among Layer 1 proof-of-work blockchains.

So, while short-term traders are nervous, Kaspa’s long-term story is still holding strong.

What the KAS Chart Is Showing

On the 4-hour chart, KAS price has been going down since mid-September. The trend is clear, lower lows and lower highs, which is confirmation that bears are very much in control. The recent rejection was at about $0.06, where the sellers picked up again.

The big liquidation candle down to $0.0097 stands out. It was likely a combination of stop hunts and market panic, but it also showed where buyers were waiting. After that enormous wick, KAS bounced quickly back towards $0.05, although the bouncing slowed down.

The nearest resistance now stands at $0.055, and a break above can potentially provide room for a push to $0.07. That zone lines up with previous support turned resistance, so it’s the key level to watch if momentum returns.

If the Kaspa price falls again, there’s strong support near $0.048, followed by $0.043, and then the psychological floor around $0.04, where bulls will likely try to make a stand.

Image Source: Coinank Market Indicators

The RSI sits near 38, leaning bearish but not yet in oversold territory. That means there’s still room for another dip before a potential reversal.

Open Interest has dropped sharply from over $700 million to just about $230 million, showing that speculative traders have exited the market. That’s not always bad; it often means the market is resetting after a long stretch of leveraged trading.

The Net Long vs. Short data also confirms that sentiment is still cautious. Interest in longs has fallen, while short interest has gone up marginally. Thus, most traders still anticipate even more weakness in the near term.

Meanwhile, the MACD is beginning to level out after a gigantic bearish portion. The histogram shows smaller red bars, suggesting the selling pressure is losing intensity. If the MACD lines are turning up, that can be a very early sign of a short-term bounce.

Generally, indicators are pointing towards cooling the market, not bullish, perhaps just ready for a breather in the downtrend.

Read Also: Is Dogecoin (DOGE) Price About to Explode? Here Are the Key Levels to Watch

KAS Price Short-Term Outlook for the Week

In the short term, Kaspa’s price is likely to stay range-bound as traders wait for new momentum. If bulls manage to keep $0.048 support and regain $0.055, the next target to the upside is around $0.065–$0.07. A good breakout above that would imply that the downtrend may finally be losing steam.

But if KAS price drops below $0.048, it can drop down to $0.043 or even go as low as $0.035 where the market had strong support a couple of months ago.

Despite this defensive positioning, Kaspa’s fundamentals remain healthy. The project’s BlockDAG technology continues to show real-world progress, and the recent speed milestones reinforce its position as one of the fastest PoW networks in crypto. The ProBit delisting may have hurt sentiment, but it doesn’t change the core strength of the project.

For now, traders should focus on how the price behaves between $0.048 and $0.055, that range will likely decide the next move.

Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.

The post Here’s How High Kaspa (KAS) Price Could Go This Week appeared first on CaptainAltcoin.

KAS2.71%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)