The post Bulls Force a Sharp Reckoning for Prolonged Downtrend appeared on BitcoinEthereumNews.com. Kaspa jumps to $0.057 as buyers push toward the key $0.062 trendline that has blocked every breakout since 2024. Momentum turns bullish with KAS trading above the 20 and 50 day EMAs as community sentiment spikes. Dymsension’s new Kaspa bridge and rising cross-chain utility fuel demand while $0.055 remains the key intraday support. Kaspa price today trades near $0.057 after posting its strongest multi-day rally in weeks. The surge pushes KAS into a direct clash with the long-term descending trendline that has capped every breakout attempt since early 2024. Buyers stepped in aggressively as momentum flipped across intraday charts, but the broader structure still demands confirmation before traders can call a full trend reversal. Buyers Challenge The Long Term Downtrend KAS Price Action (Source: TradingView) On the daily chart, KAS is attempting a breakout from a multi-month falling channel. Price has rallied toward the descending trendline that runs from the November 2024 peak. This line has rejected every major recovery for nearly a year, making it one of the most important barriers for bulls. KAS now trades above the 20 day EMA at $0.0479 and the 50 day EMA at $0.0535, signaling a shift in short-term momentum. The 100 day EMA at $0.0628 and the 200 day EMA at $0.0746 remain overhead. These moving averages form the broader ceiling that still defines the bearish trend. Parabolic SAR flipped bullish earlier this week and continues to print below price. That confirms the near term reversal attempt, although the market has not yet regained the major trendline. A successful breakout requires a clean daily close above $0.062 with rising volume. Ecosystem Catalysts Boost Sentiment And Demand Sentiment surrounding Kaspa improved sharply following two market-moving updates. First, a widely circulated voting dashboard ranked Kaspa fourth among the world’s top cryptocurrencies with more than… The post Bulls Force a Sharp Reckoning for Prolonged Downtrend appeared on BitcoinEthereumNews.com. Kaspa jumps to $0.057 as buyers push toward the key $0.062 trendline that has blocked every breakout since 2024. Momentum turns bullish with KAS trading above the 20 and 50 day EMAs as community sentiment spikes. Dymsension’s new Kaspa bridge and rising cross-chain utility fuel demand while $0.055 remains the key intraday support. Kaspa price today trades near $0.057 after posting its strongest multi-day rally in weeks. The surge pushes KAS into a direct clash with the long-term descending trendline that has capped every breakout attempt since early 2024. Buyers stepped in aggressively as momentum flipped across intraday charts, but the broader structure still demands confirmation before traders can call a full trend reversal. Buyers Challenge The Long Term Downtrend KAS Price Action (Source: TradingView) On the daily chart, KAS is attempting a breakout from a multi-month falling channel. Price has rallied toward the descending trendline that runs from the November 2024 peak. This line has rejected every major recovery for nearly a year, making it one of the most important barriers for bulls. KAS now trades above the 20 day EMA at $0.0479 and the 50 day EMA at $0.0535, signaling a shift in short-term momentum. The 100 day EMA at $0.0628 and the 200 day EMA at $0.0746 remain overhead. These moving averages form the broader ceiling that still defines the bearish trend. Parabolic SAR flipped bullish earlier this week and continues to print below price. That confirms the near term reversal attempt, although the market has not yet regained the major trendline. A successful breakout requires a clean daily close above $0.062 with rising volume. Ecosystem Catalysts Boost Sentiment And Demand Sentiment surrounding Kaspa improved sharply following two market-moving updates. First, a widely circulated voting dashboard ranked Kaspa fourth among the world’s top cryptocurrencies with more than…