Kaspa is struggling as the encryption market strikes an approximate patch. The Bitcoin Altcoins slice has pulled it with it, including Kas that appears in relation to the descending signals.
The artistic plans do not paint a beautiful picture, indicating that more drops may be at the forefront. The main support levels can determine whether the reflection is possible or whether the price will continue to slip.
Kaspa PRICE Action & Trend Analysis
Kas was hit recently, as it decreased more than 9 % to this lines and about 29 % this week. Currently sitting Shortly less than 0.076 dollarsThe declining trend is clear as the classic rises and decreases that indicate the declining direction are clear.
Support level of $ 0.075 is crucial at the present time, coincides with the lower Bollinger Band. If Kas wants to recover, you will need to overcome the difficult resistance at $ 0.10 and a zone of 0.14 dollars. If the sale continues, monitor 0.065-0.070 dollars. The collapse can be sent there are prices less than $ 0.06.
Meanwhile, Polyinger’s domains indicate an increase in fluctuations, as the price is hovering near the lower range at about $ 0.080 – a sign of strong momentum. The average middle range, which represents the simple moving average for 20 days, is $ 0.09730, and Kas must decisively recover the reverse.
Breaking the Ichimoku cloud is also a good sign. The Ichimoku cloud confirms the declining direction, where Kas is trading much lower than the cloud. The red cloud suggests a stronger resistance soon.
Kijun-Sen (the foundation line) indicates at $ 0.10814 and Tenkan-Sen (the transfer line) at $ 0.08777 that recovery efforts are facing severe resistance. Chikou’s extension is still lower than price movement, which supports descending feelings.
Also read: Will Jupiter (JuP) resist the breaking of prices amid incoming re -purchases?
Mass indicators and size of momentum
Size analysis indicates that sellers dominate the market. A sharp increase in trading volume during the last decrease highlights strong sales pressure. The signals of the prominent red size bar signals that remain in control.
Indicators of momentum offer a little optimism to bulls. The MACD line sits on -0.00166, below the signal line at -0.00538, confirming the declining direction. While the chart shows a slight improvement, no signs of reflection appeared.
Deep KAS in the excessive sale area with RSI at 28.93, which usually indicates reversal. However, strong assets on excessive assets can remain longer than you expected before any real recovery.
The declining momentum remains strong in all fields, but there are some things that must be monitored if you are looking for signs of life: RSI climbs over 30 and any bullish difference on MACD will be the first indicators. For something more concrete, watch the level of $ 0.085 near the Tenkan-Sen-clearing line that indicates that Aqaba may indicate that a possible recovery may be formed.
If the sellers remain in control, expect a test from the support zone from 0.065 to $ 0.070. If this fails to keep, the sub -prices amounting to $ 0.060 have become possible, which may lead to another wave of sale.
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