The Kaspa price surged by 20% today, now trading above $0.176. This marks the highest KAS price since September.
Information source: coingecko
Kaspa Chart Indicates Strong Upward Momentum
Currently, KAS is trading at $0.1763. The price of Kaspa has been quite volatile recently, with significant fluctuations. Notably, it has broken out of the $0.10-$0.12 range where it had been trading for a while.
The overall trend appears promising – higher lows and higher highs are being observed, which is generally considered a bullish signal. Despite some dips, the price has consistently rebounded. There is strong support around the $0.10-$0.12 range, with the price bouncing off these levels multiple times.
KAS often “operates in its own league and pumps when it feels like,” implying that it doesn’t necessarily follow broader market trends. While there is some resistance around the $0.20-$0.25 range, where the price was previously rejected, KAS seems to be making another attempt to reach these levels.
