Where Could Kaspa (KAS) Price Go This Week?

KAS-2,19%
TAO-1,27%

Kaspa (KAS) is showing serious resilience even as its price remains near lows. Kaspa’s hash rate is holding near all-time highs, showing miners aren’t stepping back and the network’s backbone is rock solid.

A major hardfork is coming on May 5, bringing native tokens and more programmability. This could open the door to DeFi, NFTs, and all kinds of new ways for developers to build on Kaspa.

Meanwhile, Rusty Kaspa v1.1.0 is out, making the network faster and smoother for developers. In all these developments, it is clear that the project is playing the long game rather than focusing on the price.

  • Here’s What The Kaspa Chart is Showing
  • Market Indicators
  • Here’s Where Kaspa Price Could Go This Week

Here’s What The Kaspa Chart is Showing

On the 4-hour chart, the KAS price has spent the past few weeks in a steady downtrend, forming lower highs and lower lows. The structure started to change once the price found a footing around $0.0249.

It spent some time drifting sideways, gathering energy, before surging past $0.034 with solid momentum.

That move signaled buyers returning to the market. Right now, KAS is trading near $0.03626, taking a small breather after the recent rally This kind of movement is typical after a sharp push higher, as the market takes time to cool off and reassess direction.

Source: Coinank

Market Indicators

The MACD flipped bullish during the breakout, which showed strong momentum at the time. But now it’s starting to cool off a bit, meaning the rally is slowing down, not necessarily reversing.

Volume tells a similar story. It spiked during the move up, which is a good sign, but it’s dropping now as traders pause and wait for the next direction.

Williams %R went into overbought levels and is pulling back, suggesting the KAS price might take a short break or dip slightly.

CCI is also coming down after the spike, showing that momentum is easing off for now rather than turning fully bearish.

_****Could the Bittensor (TAO) Rally Be Over? Fundamentals and Sentiment Point in Opposite Directions**

Here’s Where Kaspa Price Could Go This Week

$0.034 is the line in the sand right now. As long as buyers keep their grip here, Kaspa could quietly creep up toward $0.038–$0.040.

Breaking past $0.040 with conviction would flip the switch, potentially sending it to $0.042 and even $0.045 if the market mood stays positive.

But if $0.034 cracks, the setup starts to unravel. A fall toward $0.030–$0.031 would be likely, and if selling heats up, $0.027 is the next solid landing spot for KAS price where buyers have stepped in before.

However, Kaspa (KAS) is now displaying early signs of a recovery from a prolonged period of decline. From the above chart, it is evident that the price of Kaspa is breaking out with strong volumes, indicating the entry of buyers into the market. At the same time, the price is also displaying signs of a cooling period.

So long as the Kaspa price trades above the key levels of the chart, the structure of the price is gradually favoring the bulls. With strong fundamentals and upcoming network upgrades, Kaspa is now building a foundation for a possible price action.

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