Kaspa (KAS) Breaks Downtrend With 2.58% 24-Hour Gain

Recent developments in the Kaspa (KAS) price chart have signaled a potential breakout following a confirmed reversal in trend. Technical indicators suggest that KAS has broken out of a prolonged downtrend, with the formation of a higher low indicating renewed buying interest. This shift in trend has intensified discussions among traders and analysts about the likelihood of KAS rising toward $0.14 [1].

The chart analysis highlights that $0.14 is positioned as a key Fibonacci extension target, specifically the 1.618 level. Immediate resistance is seen at $0.115, and a successful breakout above this level is expected to accelerate the move toward the $0.14 forecast target. The formation of higher lows and the breaking of a key downtrend line reinforce the bullish setup [1].

Momentum indicators also support the positive outlook. The RSI has broken out of its descending trend and is moving into bullish territory, while rising trading volume confirms increased market participation. Over the past 24 hours, KAS recorded a 2.58% gain, and a 4.87% increase over the week, with a 24-hour trading volume of $79,878,015 [1].

A recent analysis by trader mikro on X (formerly Twitter) highlighted that KAS “looks ready for the next leg toward ~$0.14,” noting that the correction phase has ended and a higher low has been established [2]. The trader also emphasized that KAS is “finally starting to accelerate again,” suggesting a pattern of higher highs and higher lows, aligning with the technical analysis of a confirmed breakout from the descending trend since late July [2].

While the technical signals are favorable, analysts remain cautious. The path to $0.14 is not guaranteed and will depend on continued momentum and the absence of significant bearish factors. Traders are advised to monitor the key resistance level at $0.115 and the possibility of a retest of the breakout zone before further upward movement [1].

The increased trading activity in KAS reflects growing interest among both retail and institutional participants, which can contribute to sustained price movement. However, this is a forecast-based outlook, and actual price action remains subject to market conditions, broader crypto sentiment, and macroeconomic variables [1].

Source:

[1] Kaspa(KAS) Price Prediction – 2025年07月26日

https://www.bitget.com/price/kaspa/price-prediction

[2] https://twitter.com/mikroweller/status/1953448631417360500