After market accidents in February, the price of Kaspa fell to $ 0.055. However, Kas had one of the best of the most wonderful of these bottoms from most of the other heroes and settled quickly above the scale of $ 0.075. Now, after Big Ripple Vs Secret News, the KAS price increased by 6 %. He broke the resistance of $ 0.080 and is now trading above this level.
So, where can the price of Kaspa go today? Let’s take a look at some technicians in the daily time frame, as we usually do when we publish daily prices.
Technical indicators analysis
RSI (14) is 50.982 but Stochrsi (14) is 97.946
RSI’s reading of about 51 shows that KASPA is present in the middle ground at the present time – not too hot, not very cold. This means that the price does not show the harsh conditions in any of the two directions. However, Stochrsi is very high in about 98, and tells us that KASPA may be eloquent in the short term and may need to calm soon.
MACD (12,26) is -0.003
The difference in moving average rapprochement (MACD) is barely negative in -0.003, indicating that the momentum in the short term is almost equal to the long -term direction. This neutral reading means that the price of KASPA can move in either direction, although it is very close to crossing to a positive area.
ADX (14) is 37.935
Average direction index (ADX) In 37.935 it appears relatively strong direction. Values that exceed 25 usually indicate a strong direction, which means that the current price movement has a condemnation behind it.
CCI (14) is 126.0911
CCI reading for 126 means that the price of Kaspa is rising faster than usual. When this number exceeds 100, it shows a strong purchase pressure. This can lead to a short stop or withdrawal because some traders get profits.
The final oscillator is 58.89
The final oscillator of 58.89 is a slightly bullish momentum because it is higher than the center point of 50. The multi -time frame index indicates moderate purchase pressure on the market.
ROC is 7.982
The ROC rate at 7.982 shows that KASPA has gained approximately 8 % compared to its price 14 times. This positive value confirms the last upward trend in the price.
Also read: Kaspa (kas) vs. Binance Coin (BNB): Any encryption is it better to keep it?
Market context and network health
It is clear that the performance of KASPA prices today depends on the behavior of the wider encryption market after a strong day yesterday. In the past few weeks, the market has been slow, and after a green day, it usually follows a red day.
We also informed the KASPA networks decreased by 25 % of its height at all due to the surrender of miners, driven by low fees (a decrease of 99.9 % of the summits) and reduced block bonuses. Although these references indicate instability in the short term, historical patterns indicate that such stages precede the markets of the market in encrypted currencies.
Kaspa predictions for this day
Based on technical indicators and market context, KASPA is likely to trade in a range of $ 0.080 to $ 0.088 today. The neutral RSI, along with the strong ADX, indicates that the current trend has strength, but the Stochrsi and CCI readings indicate indicate a rise in more upward trend in the direct term.
Al -Swario Al -Swami: If the broader encryption market continues to be in its upscale momentum, KASPA may be over $ 0.088 and possibly test 0.095 dollar level. This will be supported by the final ROC readings, which indicates the continued purchase pressure.
Detaire scenario: Looking at the excessive conditions in the peak that Stochrsi and CCI showed, along with the historical style of the red days that follow these green, Kaspa may again return to the support zone from 0.075 to $ 0.078. The surrender of miners, which currently affects the network, can add this downward pressure.
Follow us X (twitter)for Coinmarketcap and Binance Square For more daily encryption updates.
Get all our future calls by joining A free telegram group.
We recommend etoro
The community of active users and social features such as news extracts, and chats to obtain specific metal coins available for trading.
A wide range of assets: cryptocurrencies along with other investment products such as stocks and traded investment funds.
Trading copies: It allows users to copy prominent traders trading, for free.
Easy to use: ETORO web platform on the web -based etoro and the mobile application is easy to use and easy to move.
