menu
techminis

A naukri.com initiative

google-web-stories
source image

TheNewsCrypto

4w

read

142

img
dot

Kaspa (KAS) Regains Momentum After Weeks of Decline

  • Kaspa (KAS) surged by 11.16% to reach $0.08117 with a market cap of $2.13 billion.
  • Trading volume spiked by 92.30%, signaling renewed investor interest.
  • Technically, KAS shows signs of recovery after rebounding from a local support near $0.072.
  • Next resistance lies at $0.085, with a potential move towards $0.090 on breakout.
  • RSI climbed to 42.09, indicating renewed momentum, potential upward continuation if it breaches 50.
  • CMF at -0.07, hints at weak capital inflow but flattening out suggests a shift in sentiment.
  • Short-term moving averages indicate a trend reversal, requiring confirmation for a stronger bullish phase.
  • Traders are monitoring for a break above $0.085 or a fallback to $0.072 for future price action.
  • Kaspa's technical backdrop aligns with a bullish undertone, awaiting confirmation from capital flow.
  • Pi Network Community reacts mixedly to .pi Domain Auction Update.

Read Full Article

like

8 Likes

For uninterrupted reading, download the app