KASPA (KAS) has just launched one of its expected promotions, Crescendo. This upgrade has already brought improvements to Blockchain, making it more technically impressive and impressive. Do you think that a step like this would go out at high prices, right?
Not this time. Despite the bullish and gossip feelings across X and Crypto forums, the market response was disappointing, and even disappointing. Instead of the pump, the KASPA price movement turned south.
This separation between the big news and the movement of prices raises an uncomfortable question: Is the market no longer interested in Kaspa anymore? The harsh fact is that the price does not lie and now, the charts do not look great.
Traders were hoping that Crescento would work as an incentive to fracture over $ 0.11, a major resistance level. But KASPA failed to deliver. In fact, it decreased closer to the area of $ 0.08, which is a decisive support level, if lost, can lead to an extended dirt stage.
KASPA processed 300,000 transactions yesterday, completely synchronized with the last Crescendo upgrade. This important support displays the efficiency of the improved network, the ability to expand, and the user’s participation.
Cresndo’s upgrade is clearly up to the level of its name, and accelerating the Kaspa … pic.twitter.com/IEFMXFGHDI
– Kaspa Daily (Dailykaspa) May 6, 2025
Technically, Kaspa flashes several red flags. The moving average has been lost for 50 days, and the famous death cross remains, as the crosses remain for 50 days less than 200 days, intact. This style often indicates weakness for a long time.
The most important, the market ignored many previous “bullish” moments like the KAKEN menu and KRC list. Every time, merchants are enthusiastic, only to see the price collapse. The current silence after Cresndo feels very familiar.
The real issue here may be emotional trading. Many people in the Kaspa community still treat it like the revolutionary project, while in reality, it is just one of the assets that are traded with caution.
The original analysis comes from a video on YouTube by the encryption analyst known as the name EncryptionWho confirms that emotions belong to your personal life, not in your trading account. Whether you are in $ 1,000 or 100,000 dollars, the rules are the same: chart trading, not noise.
So, what now? All eyes are 0.08 dollars to $ 0.11. If Kaspa is broken and more than $ 0.11, we may see a real momentum and perhaps the beginning of a new bull market. But if it decreases and closes to less than 0.08 dollars, traders may be in a long and boring extension or worse than the deeper lower direction.
The bottom line? Crescendo may be impressive technique, but the work is the king. Now, the market seems to ignore music.
Also read: forgot the price – this scale appears quietly quietly Litecoin
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