Kaspa price witnessed some dramatic moves in May. The price started per month by about $ 0.089, but from May 31, it is circulated without this level, currently at $ 0.083 at the time of writing this report.
Initially the price was upward and even broke the main resistance level near $ 0.01. By May 12, Kas was trading about $ 0.013. However, you cannot carry momentum. Since then, it has decreased steadily, and about 36 % of this local high.
June here and the big question now is where the Kaspa price can go after that. But before I look forward, let’s review what happened in May.
What paid the price of Kaspa in May?
Kaspa had a crowded month on the technical and environmental side. It was one of the most important events Tough This was broadcast on May 5. This upgrade strengthened the speed of the network from one block per second to 10 lumps per second, while maintaining the emissions by reducing the mass bonuses from 55 to 5.5 cas. It also brought updated consensus parameters to improve the most smooth safety and operation.
Several artistic promotions were also released:
- Help KIP-9 regulate UTXO storage
- Kip-13 reduced the use of memory
- KIP-10 added a better text programming for advanced transactions
- The network has also been converted into a new rust -based customer
The infrastructure around Kaspa has also improved. Smart contracts and publishing layer 2 to the theoretical TPS pushed more than 100,000. There was also a mobile portfolio, integration of the professor’s notebook, the best archiving, and support for allocated data loads.
The ecological system in Kaspa continued as well. The Defi sector has witnessed the total closed value (TVL) exceeding $ 1 billion. The active portfolio increased from 500,000 in December 2024 to 1.8 million by May. This activity has increased the size of the chain and a larger trading activity.
What can affect the price of Kaspa in June?
Looking at June, several factors can play a role in forming the Kas price. At the protocol level, developers are expected to continue to enhance the network with more updates and error repairs after the Crescendo upgrade.
There are also tips from Defi and NFT platform Launchs, more partnerships, and possibly new exchange lists. It is also important that the wider market conditions are important, especially if Bitcoin or other large hats see major moves. Organizational news, global economic trends, and even social media, can tend to feel or against Kaspa.
Within society, decisions related to governance and the use of treasury and project priorities can affect market confidence.
What the indicators say about the price of Kas
Several indicators indicate caution at the end of May. Here are details on how to apply it to Kaspa:
| name | value | clarification |
|---|---|---|
| RSI (14) | 34.957 | RSI approaches the sale area, which indicates the pressure pressure is still dominant. This usually indicates weakness. |
| Persons (9,6) | 31.077 | This is still in the Habboudia region and indicates that the momentum has not yet turned. |
| MACD (12,26) | -0033 | MACD is less than the signal line, referring to a continuous declining direction. |
| ADX (14) | 33.863 | High direction strength. Since the price decreases, this indicates a strong declining momentum. |
| Williams % p | 75.47 | This confirms that the origin in the scope of sale, which may indicate short -term pressure. |
| CCI (14) | 40.6369 | CCI in a neutral area, no strong trend appears but still tilted. |
| ATR (14) | 0.0023 | ATR shows high fluctuations. This means that we can expect significant price fluctuations. |
| Lower/lower (14) | -001 | This means that the price is less than the last highlands and continues to show weakness. |
| The final oscillator | 46.009 | This is less than 50, indicating that no bullish momentum does not take over. |
All in all, these indicators draw a picture of a weak direction with a strong sale pressure still in play. There are also fluctuations in the market, which means that the price of KASPA may see sharp moves in both directions.
What the moving averages suggest
We have also examined the moving averages for a better feeling of direction. These indicators compare the average prices over time.
Currently, short -term averages (5 and 10 days) began to tend to have a bit positive, but the long -term averages (20, 50, 100 and 200 days) still show a telephone direction.
This means that although there may be short -term connections or recovery operations, the broader trend is still a decline unless something changed in June.
Amnesty International Forenseling KASPA in June
We have asked ChatGPT to provide potential KAS price scenarios based on current market signals, technical data and recent ecosystem changes. Below predictions:
Detate scenario
If the market morale remains low and Kaspa does not see any important new flows or noise, the price may decrease more. There will be a possible scope for the month of June in a declining scenario between 0.072 dollars and 0.078 dollars. This would follow the long -term trend lines and reflect the continued pressure pressure from May.
Neutral scenario
If things are stabilized and no big incentives occur, Kaspa may remain on a side range. In this scenario, the price can move between 0.080 dollars and 0.088 dollars. This would reflect the unification period after the sharp decrease in the May height.
The climbing scenario
If Kaspa starts to attract attention again, especially from Defi platforms or adult traders, and if the broader Altcoin market marches, it may separate from the main psychological level of $ 0.01. In this case, a height of about $ 0.012 or even $ 0.015 can be made. It would restore a cup to its highest previous local levels and reflect the renewed bullish momentum.
Also read: How much is the price of Unyxcoin (XCN) if Bitcoin decreases to 85 thousand dollars?
Kaspa May had impressive and impressive on the development front, but the price movement did not correspond to the progress. Now in June, a lot depends on how the market interacts with the ecosystem promotions and whether traders are recovering. Technical indicators remain declining at the present time, but there is a possibility to transform if the request is back.
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