Kaspa (KAS) has stayed active on the development side even as price remains weak. A new Layer-2 network, new liquidity tools, and rising analyst attention have kept Kaspa in focus despite the broader market slowdown.
Igra Network launched an EVM-compatible Layer-2, bringing smart contract support to Kaspa without changing its base layer. Immediately after this, the Kaspa Industrial Initiative announced a new liquidity system called EigenFlow.
Kaspa was also identified by analysts as a highly profitable altcoin; however, this is subject to prevailing market conditions.
With the Kaspa price at $0.033 for the KAS token, the main concern is whether the fundamentals are in a position to recover or not.
Kaspa Chart Analysis: What the Indicators Show
On the 4H chart, Kaspa remains in a clear downtrend. Price continues to print lower highs and lower lows since mid-January and recently touched the $0.029 area before moving back toward $0.033.
Momentum indicators reflect stress and the beginning of exhaustion. The RSI is in the low 30s, showing strong selling after the drop. This can lead to a brief pause or small rebound.
The CCI is deeply negative and has started to level out. Downside pressure has slowed but has not reversed. This points to weak momentum and limited buying interest for the KAS price.
OBV continues trending lower, showing spot demand remains light. Buyers have not stepped in with conviction, which limits the strength of any rebound.
ATR has moved higher, showing volatility increased during the recent selloff. Price may remain choppy even if a bounce takes place. Indicators show the market is oversold but still fragile.
Source: Coinank
KAS Price Levels to Watch This Week
Kaspa needs to hold the $0.030–$0.031 zone to avoid another drop. This area marked the recent low and remains key support.
If buyers defend that level, a short-term move toward $0.035 is possible. This is the first resistance zone and lines up with earlier consolidation. A break above $0.035 opens a move toward $0.038–$0.040 for the Kaspa price, where sellers have stepped in before.
A break below $0.030 opens a move toward $0.028, with little support in between. Kaspa remains in a reset phase after sustained selling. Any upside this week likely stays corrective unless volume improves and price reclaims key resistance.
Bitcoin (BTC) Price Dropped Below $79k – Here’s Why the Crypto Market Is Down_**
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Market panic too much? MicroStrategy founder: Bitcoin has hit bottom, quantum threats are unfounded worry
Michael Saylor asserts that Bitcoin has already finished bottoming out at $60k, and believes concerns about threats from quantum computers are overstated. He predicts that in the future, Bitcoin will become the core of a digital credit system, and also noted that there is limited selling pressure in the market, which could drive a new bull cycle. Mizuho has a positive assessment of its company’s future performance.
CryptoCity2h ago
XRP CLARITY Act Vote in Focus as XRP Holds $1.34 and Senate Returns April 13
XRP is trading at $1.34 as traders await the Senate's action on the XRP CLARITY Act, with potential for significant ETF inflows. The Banking Committee's markup is expected in late April, crucial for defining XRP’s regulatory status.
Cryptonews3h ago
Bitcoin Price Update: BTC Jumps to $72,400 After March Inflation Comes in Softer Than Expected
Bitcoin moved from $72,000 to $72,400 on April 10 after March core CPI printed below expectations, giving crypto bulls a short-lived reprieve from months of sustained macro pressure.
Summary
March core CPI rose just 0.2%, below the 0.3% consensus forecast, while headline CPI climbed 0.9% on
Cryptonews3h ago
Bitmine Chairman Tom Lee: The market may have already bottomed out; I recommend focusing on the leading assets since the outbreak of hostilities
Bitmine chairman Tom Lee said on the X platform that although there are still doubts in the market, there are signs that the bottom has already formed. He is bullish on Ethereum and related assets and believes crypto is a wartime value-preservation tool. Risk assets may rebound, but it’s important to watch whether the macroeconomic environment and geopolitical situation remain stable.
GateNews4h ago
Is the market in excessive panic? MicroStrategy founder: Bitcoin has already hit bottom, and the quantum threat is an overblown concern
Michael Saylor asserted that Bitcoin had already finished bottoming out at $60k, and he believes concerns about threats from quantum computers are overblown. He predicts that Bitcoin will become the core of a digital credit system in the future, and he mentioned that selling pressure in the market is limited, which could help drive a new bull market. Mizuho also gave a positive assessment of the company’s future performance.
CryptoCity5h ago
DWF Labs co-founder: The current market is boring but it hasn’t gone away—there are still plenty of opportunities for builders and investors
DWF Labs co-founder Andrei Grachev said the market is currently in a “very boring” phase, with genuinely valuable activity taking place quietly. He advised investors to stay patient, wait for better timing, and noted that retail investors should respond rationally to market volatility—continue learning and staying engaged.
GateNews5h ago
