- The RSI is at 64 and it has rapidly jumped to the overbought zone.
- Kaspa crypto price has jumped by 35% in the past 3 days.
Since the last week of November, the Kaspa (KAS) coin price has been declining by facing resistance from the falling trendline. Recently, the KAS coin price gave a strong breakout and has jumped by 35% in the last 3 days.
Current Price – $0.139 Price Prediction – $0.138 (-1.86%)
Market cap – $3.15 billion Fear & Greed Index – 74 (greed)
Volume – $57.72 million Green Days – 13/30 (43%)
Sentiment – Bullish 20-day EMA – $0.112
Volatility – 7.81% RSI – 64.80
The current Kaspa price prediction suggests that the price may drop by -1.86% and reach $ 0.138529 by February 15, 2024. According to our technical indicators, the current sentiment is Bullish, while the Fear & Greed Index shows 74 (Greed). Kaspa recorded 13/30 (43%) green days with 7.81% price volatility over the last 30 days. Based on our Kaspa forecast, now is an excellent time to buy Kaspa.
When writing, the Kaspa crypto price is trading at $0.139, with a fall of 1.25% in the past 24 hours. The market capitalization of Kaspa is 3.15 billion, and the 24-hour trading volume is $57.72.
Kaspa Price Has Formed a Descending Triangle Over the Daily Timeframe
Kaspa crypto price has been bullish since November and rose by 272% in three weeks. The bullish trend was interrupted near the $0.200 mark, and bears dominated further.
On a daily time frame, the KAS coin price has formed a descending triangle, given a breakout from the trendline and sustained. The KAS price is heading toward the $0.200 hurdle. The price may face resistance from the $0.150 because the price spent some quality time before falling last time.
If the KAS coin price surpasses the $0.150 mark, it may reach the $0.200 level and register a new all-time high in the next few weeks.
On the other hand, if the Kaspa coin price fails to sustain after the breakout, buyers may get trapped and face stop losses, resulting in solid selling pressure. RSI is rapidly heading toward the overbought zone, which showcases the bullish trend. Kaspa crypto price is trading over the 20-day moving average, which indicates the bullish momentum.
Kaspa Price Prediction FAQs
What is the KAS price prediction today?
The KAS price is forecasted to gain 0.00% to reach $0.138 today.
What is the Kaspa price forecast for tomorrow?
Based on our analysis, the KAS coin price is forecasted to gain 2.48% and hit $0.142 by tomorrow.
What is the KAS price forecast for this week?
According to our analysis, the KAS price is predicted to perform positively. The KAS price may range between $0.127 and $0.154 by this week.
What is the current KAS price sentiment?
According to our technical analysis, the current Kaspa coin price prediction sentiment is bullish.
Conclusion
In conclusion, the Kaspa (KAS) coin price has experienced a strong breakout and has jumped by 35% in the last three days. The current sentiment is bullish, and the Fear & Greed Index shows greed. Kaspa has recorded 13/30 green days with 7.81% price volatility over the last 30 days. The KAS price may face resistance from the $0.150 level before approaching the $0.200 hurdle and registering a new all-time high in the next few weeks.
Technical levels
Resistance levels: $0.150 & $0.200
Support levels: $0.120 $0.080
Disclaimer
Investing in cryptocurrencies and other Initial Coin Offerings (“ICOs”) is especially volatile and speculative, and this article does not advise investing in cryptocurrencies or other ICOs. Since everyone is unique, a certified professional should be continually consulted before making any economic decisions.