Here’s Where Kaspa (KAS) Price Could Be Headed This Week

CaptainAltcoin
KAS3,76%
SUI4,34%
SOL2,71%
ATR-2,52%

The Kaspa (KAS) is trading around the $0.041 area as the new week begins, with price still struggling to regain momentum after a long corrective phase.

On the development side, Kaspa has continued to expand its real-world narrative. A new non-profit industrial initiative was launched last week to push Kaspa into regulated finance and supply chain use cases.

At the same time, analysts have pointed out that the KAS price needs to clear the $0.046 level to confirm a proper recovery.

The recent launch of K-Social has also added a utility layer to the ecosystem, showing Kaspa’s focus on censorship-resistant communication. Even with these developments, the KAS price remains under pressure on the chart.

  • What the KAS chart is showing
  • What market indicators are saying
  • KAS price short-term outlook for this week

What the KAS chart is showing

On the 4H chart, Kaspa is clearly in a broader downtrend that began after the sharp sell-off in mid-October. That drop changed the structure of the market, and price has not managed to reclaim key resistance levels since.

After that major breakdown, the KAS price attempted a recovery toward the $0.060 area but failed to hold it. Since then, price has been moving lower in a controlled and steady manner. Over the past weeks, KAS has been moving sideways between $0.040 and $0.046.

Right now, price is sitting near the lower end of that range. Sellers have not pushed it much lower, but buyers are also not stepping in with strength yet.

Source: Coinank

What market indicators are saying

OBV is still low, showing that strong buying has not returned yet. It has flattened lately, which means selling is slowing down, but real accumulation is still missing.

ATR has dropped since the big move in October, which tells us volatility is fading. This often happens before price makes its next larger move.

The position data shows that even more traders are taking a short position, and the long position is declining further, which is a confirmation that the overall sentiment of the market is bearish, even though the price is no longer dropping significantly.

Both of these indicate that the market is settling down, but it is not yet giving a clue of reversal.

_****SUI Moves Beyond the “Solana Killer” Label With a Privacy-First Shift**

KAS price short-term outlook for this week

Kaspa is supported in its range of $0.040 to $0.039. So long as it sustains, we consider it stable in terms of price.

If the KAS price rises and sustains its position past $0.046, then the resistance levels are $0.050 and then $0.055. Trespassing $0.055 will be the first clear sign for investors that prices are trying to move higher.

If KAS declines below $0.039, subsequent support levels are at around $0.035 and $0.030.

For the Kaspa price in the upcoming week, it is could range from $0.040 to $0.046. A rise above these values is expected to favor buyers, while a fall below $0.039 is expected to favor sellers.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

XRP Rises 4% as Ripple Partnership and ETF Inflows Drive Recovery

XRP rose 4% to $1.41, boosted by Ripple's partnership with Kyobo Life and increasing institutional interest. Broader market gains and positive community engagement also contributed, though XRP remains 63% below its peak. Key support is at $1.38.

GateNews5h ago

ETH/BTC ratio rebounds—are institutional funds rotating? A deep dive into structural signals in the crypto market

BTC breaks through $75,000; the Iran–Israel ceasefire and fresh highs in U.S. stocks lift risk assets, but the options market remains somewhat cautious. The ETH/BTC ratio rebounds, signaling capital rotation.

GateInstantTrends6h ago

Crypto Market Rebounds 1.5% to $2.54T as Bitcoin Leads Rally Amid Tech Surge and Policy Progress

The crypto market rebounded 1.5% to $2.54 trillion, led by Bitcoin's 7% gain amid easing geopolitical tensions and strong ETF inflows. Analysts predict further gains if Bitcoin surpasses $76K resistance.

GateNews7h ago

Bitcoin bull market index rises to 40 points; Bloomberg: the U.S. and Iran are considering extending the ceasefire agreement by two weeks

Bitcoin’s price as of April 16 is approaching $74,700. The Bullish Sentiment Index (BSI) has risen to 40 points, indicating a rebound in market sentiment. The United States and Iran are evaluating options to extend the current ceasefire agreement, and they are also discussing navigation issues in the Strait of Hormuz, as diplomatic negotiations continue.

MarketWhisper12h ago

Bitcoin holds steady at 74K, and FOMO sentiment is heating up as U.S. stocks hit a record high

Benefiting from positive news about the U.S.-Iran peace agreement, the stock market surged sharply, with the Nasdaq index and the S&P 500 index reaching record highs. Bitcoin remained steady at 74K, market sentiment improved, and the Fear & Greed Index rose to 55. Investor FOMO toward the stock market intensified, and the total market capitalization in the crypto market increased overall, indicating genuine buy-side interest.

ChainNewsAbmedia13h ago
Comment
0/400
No comments