Kaspa ($KAS) is currently trading around $0.0325 after a deep decline from the 2024 peaks above $0.20. On the weekly chart, a descending wedge has formed, within which the price has been compressing since the end of 2024. Such structures most often break upward. In case of a confirmed breakout, the nearest target will be $0.054, followed by an area around $0.075. The main support is around $0.030, a level that has held the price since January 2026. Weekly volumes are decreasing, and BBWP continues to show low volatility. RSI has already broken through its downward trend line and is now testing it from above as support.

KAS-0.23%
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LeekDefinesTheKing
· 05-02 01:52
Kaspa ($KAS) is currently trading around $0.0325, a deep correction from its 2024 high of over $0.20. The weekly chart has formed a descending wedge, with the price contracting within it since the end of 2024. Such structures typically break upward. Upon confirmation of a breakout, the near-term target will be $0.054, followed by the region around $0.075. The main support level is around $0.030, which has been supporting the price since January 2026. Weekly trading volume is declining, and BBWP continues to indicate low volatility. The RSI has broken above its downtrend line and is currently testing it as support.
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