Here’s Where Kaspa (KAS) Price Could Go This Week?

KAS-0,99%
XRP-1,17%

Kaspa (KAS) roadmap is moving forward, even as the broader market keeps pulling prices around. The project confirmed its Covenant hardfork is scheduled for May, bringing native assets and zero-knowledge features directly to Layer 1.

That kind of upgrade adds more depth to Kaspa’s long-term utility. However, the KAS price dropped over 5% on February 13 during a wider crypto sell-off, even after U.S. inflation data came in softer.

This shows how strongly Kaspa still trades with overall market sentiment. For now, the tech story is improving, but price is still reacting to macro pressure. The Kaspa price is trading around $0.03326.

  • Here’s What The Kaspa Chart Is Showing
  • What the Indicators Are Showing Right Now
  • Kaspa Price Targets for This Week

Here’s What The Kaspa Chart Is Showing

Looking at the 4H chart, Kaspa has been stuck in a clear downtrend for months. Price has continued to print lower highs and lower lows, with sellers controlling most rebounds.

The recent breakdown in early February pushed the KAS price sharply lower, followed by a small bounce that has not changed the larger structure yet.

However, the KAS chart shows the price dipped from the $0.04 area to the $0.025 area, which was the bottom. Since then, the price of KAS has stabilized and is trading sideways around the $0.033 area. Bulls need more strength before the trend can shift in a meaningful way.

Right now, this is more of a consolidation after a selloff than a confirmed reversal. The market is watching closely to see if Kaspa can build a base here or if another leg lower develops.

_Source: _****Coinank

What the Indicators Are Showing Right Now

OBV is still low, which means strong buying has not come back yet. Volume also looks light, so this bounce is more of a pause after the drop.

MACD is close to neutral, showing selling pressure is easing, but there is no clear upside signal. Price is still moving sideways instead of starting a real move up.

The long and short positioning data also shows caution. Shorts remain elevated, and long exposure has not recovered, which tells us traders are still hesitant to fully bet on upside until the chart improves.

_****Here’s Where XRP Price Is Headed This Week**

Kaspa Price Targets for This Week

Kaspa has to stay above $0.032 to continue this kind of bounce. If this holds true, we can potentially go back up to the key resistance at $0.038-$0.04. If KAS moves higher, $0.04 is the next level.

If KAS drops under $0.032, support is near $0.028. The low in February was at around $0.025.

However, the Covenant hardfork in May is a positive upgrade for the project, but the chart is still weak right now, and KAS is trading in line with the rest of the market.

This week comes down to whether the Kaspa price can stay near $0.033 and move higher, or slip back toward the recent lows.

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

Scaramucci: 'Yes, We're in a Bear Market' - U.Today

Anthony Scaramucci, despite recognizing the current bear market in cryptocurrency, urges investors to focus on demographic shifts influencing capital. He predicts Bitcoin could reach $150,000 by 2026, attributing recent underperformance to institutional capital's preference for traditional assets.

UToday1h ago

Silver Buyers Step In at $85 as Bulls Target $95 Next

The silver price has rebounded after a significant drop, and analysts predict it could reach the $90–$95 range if it stays above the key $85 support level. Recent patterns suggest a steady ascent rather than a volatile increase.

CaptainAltcoin1h ago

Dogecoin Slides Below $0.10: What’s Next for DOGE Traders?

Dogecoin broke $0.10 support, hitting $0.095 before slightly rebounding to $0.099. Bears dominate markets, with high sell volume and weak bullish momentum persisting. Downside risk remains; recovery needs DOGE to reclaim $0.10 and hold $0.11. Dogecoin — DOGE, has caught traders’

CryptoNewsLand2h ago

Solana Price Faces $80 Test After $90 Rejection

Solana's price faces renewed downside pressure after failing to break above $90, forming bearish engulfing candles. This loss of control shifts focus to key support around $78, aligned with Fibonacci levels, reinforcing the bearish momentum as sellers dominate the market.

CryptoFrontNews3h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 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)