Kaspa
Short

The Kaspa price asset is displaying bearishness

The Kaspa asset is expressing bearish behavior as Social dominance, volume with price has declined and has the opportunity to fall further on the daily chart. It has attained bad performance in the last month by -8.04%, implying a stable downward direction in the KAS daily chart.

Since then, the crypto has demonstrated a major decline as the price sank from a vital level of around $0.185 on the chart.

The kaspa crypto is almost at a big fall, as it meets the resistance level and could dive to new lows from the current price.

The Kaspa price asset is displaying bearishness and falling tendency as it plunges below major trend 20-day and 50-day EMA bands, reliant on the sellers' surge.

Likewise, the Kaspa price asset is displaying bearish characteristics as MACD is below the zero line at -0.0020 and the RSI is falling smoothly below the median line at 47.30, implying that the KAS asset is losing momentum and can achieve new depths in the coming sessions.

At press time, the Kaspa crypto is experiencing a decline of -0.49% in the last 24 hours, and it is currently trading at $0.13543.

Therefore, if the Kaspa price fails to stay above the $0.11500 level, it could decline further and reach lower lows.

However, if the demand for the crypto remains high, the Kaspa asset price could bounce back from the current level by surpassing the downward trendline. The next goal for the price could be is to reach $0.180, and $0.200.
Chart PatternsTechnical IndicatorsTrend Analysis

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