Here’s Where Kaspa (KAS) Price Could Be Headed This Week

CaptainAltcoin
KAS-0,16%
SUI2%
SOL1,91%
ATR-1,67%

The Kaspa (KAS) is trading around the $0.041 area as the new week begins, with price still struggling to regain momentum after a long corrective phase.

On the development side, Kaspa has continued to expand its real-world narrative. A new non-profit industrial initiative was launched last week to push Kaspa into regulated finance and supply chain use cases.

At the same time, analysts have pointed out that the KAS price needs to clear the $0.046 level to confirm a proper recovery.

The recent launch of K-Social has also added a utility layer to the ecosystem, showing Kaspa’s focus on censorship-resistant communication. Even with these developments, the KAS price remains under pressure on the chart.

  • What the KAS chart is showing
  • What market indicators are saying
  • KAS price short-term outlook for this week

What the KAS chart is showing

On the 4H chart, Kaspa is clearly in a broader downtrend that began after the sharp sell-off in mid-October. That drop changed the structure of the market, and price has not managed to reclaim key resistance levels since.

After that major breakdown, the KAS price attempted a recovery toward the $0.060 area but failed to hold it. Since then, price has been moving lower in a controlled and steady manner. Over the past weeks, KAS has been moving sideways between $0.040 and $0.046.

Right now, price is sitting near the lower end of that range. Sellers have not pushed it much lower, but buyers are also not stepping in with strength yet.

Source: Coinank

What market indicators are saying

OBV is still low, showing that strong buying has not returned yet. It has flattened lately, which means selling is slowing down, but real accumulation is still missing.

ATR has dropped since the big move in October, which tells us volatility is fading. This often happens before price makes its next larger move.

The position data shows that even more traders are taking a short position, and the long position is declining further, which is a confirmation that the overall sentiment of the market is bearish, even though the price is no longer dropping significantly.

Both of these indicate that the market is settling down, but it is not yet giving a clue of reversal.

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KAS price short-term outlook for this week

Kaspa is supported in its range of $0.040 to $0.039. So long as it sustains, we consider it stable in terms of price.

If the KAS price rises and sustains its position past $0.046, then the resistance levels are $0.050 and then $0.055. Trespassing $0.055 will be the first clear sign for investors that prices are trying to move higher.

If KAS declines below $0.039, subsequent support levels are at around $0.035 and $0.030.

For the Kaspa price in the upcoming week, it is could range from $0.040 to $0.046. A rise above these values is expected to favor buyers, while a fall below $0.039 is expected to favor sellers.

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