Where Could Kaspa (KAS) Price Be Headed This Week?

Kaspa (KAS) has been holding up better than most altcoins lately, even as the wider market struggles to find direction. A recent market-wide “golden cross” has put altcoins on watch for a possible breakout, and Kaspa is one of the names standing out with steady demand and higher lows.

Last week, while Bitcoin slipped, the Kaspa price pushed higher and gained attention after a strong move backed by rising volume. It even broke above its 100-day moving average, which is usually a good sign, although price ran into resistance around the $0.042–$0.047 zone.

On the fundamental side, the launch of the Igra Network mainnet is a big deal. It adds smart contract support to the Kaspa network through an EVM-compatible layer, effectively allowing devs to create apps on the network for the first time.

So overall, things are looking good for the network, but as with the rest of the market, it’s still got a way to go for a big breakout.

What the KAS Chart Is Showing

The Kaspa price is trading around $0.03482. The overall trend is still bearish. Looking at the price chart, it can be seen that there has been a downtrend in the price for a while now, and lower highs are being created after a certain rise in the price. That usually means sellers are still in control.

There was a sharp drop earlier that pushed the price close to $0.01, followed by a quick recovery. Since then, it’s been moving in a tight range, trying to build some kind of base. The problem is, every small rally gets sold before it can build momentum.

Volume has been mixed. There are a few spikes, but nothing consistent enough to show strong accumulation. That’s why price keeps drifting instead of making a clean move in one direction.

What the Indicators Are Saying

The RSI is sitting somewhere between the mid-30s and low-40s. It’s a bit weak, but not at the point where you’d expect a strong bounce yet. So price can still move up or down without much pressure either way.

On the DMI, sellers still have the upper hand since the -DI is above the +DI. But the ADX is low, which just means there’s no strong trend right now, things are moving, but slowly.

As for the Williams %R, it’s close to oversold levels. That usually happens when price is trying to recover but can’t really get going. Buyers are there, just not strong enough yet.

Read Also: Here’s How Much $5,000 in XRP Could Be Worth by 2027 and 2030

Kaspa Price Targets for This Week

For now, the main thing to watch is that $0.038–$0.042 area. If Kaspa can get above it and stay there, the price could climb to around $0.045 and maybe even touch $0.050.

On the flip side, $0.032 is the level holding things up. And if that opens up, then the KAS price might drop down to around $0.028. And if selling really picks up, it might even drop down to around $0.025. 

But until then, it seems like Kaspa is just going to trade between this range of $0.032 and $0.040 until something happens to get it out of this range. And then, of course, we will see some movement.

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

The post Where Could Kaspa (KAS) Price Be Headed This Week? appeared first on CaptainAltcoin.