Kaspa is sitting on a razor’s edge as price compresses at the base of a months-long symmetrical triangle while Bitcoin cools from a fresh ATH. With KAS hovering just above a critical support, the next confirmed move could set the tone for Q4 performance. Will buyers defend $0.07250 and rotate momentum back toward $0.10, or does a breakdown open the door to $0.060? Here’s the playbook before the crowd reacts.
What’s happening on the chart
KAS has been carving lower highs and higher lows, converging into a classic symmetrical triangle. Price is currently around $0.07445, testing the triangle’s lower boundary near $0.07250—a zone buyers have defended for months. The 50-day MA sits near $0.08217; reclaiming it would be an early sign of strength. The triangle’s upper boundary clusters around $0.10, a pivotal breakout level that could invite trend acceleration.
Why this level matters
The lower trendline is dynamic support anchoring the broader bullish structure. Hold it, and KAS preserves constructive market structure into year-end. Lose it with confirmation (daily close + rising volume), and the path of least resistance opens toward the prior range shelf near $0.060. With BTC easing from $126,000 to ~$121,000 and ETH at ~$4,350, altcoin beta is elevated—moves can extend quickly in either direction.
Actionable game plan
- Bullish confirmation: Watch for a daily close back above $0.08217 (50D MA) with expanding volume. That sequence signals bulls reasserting control. Initial targets: $0.086–$0.092, then the triangle top near $0.10. Invalidation: a daily close back below $0.079.
- Support sweep setup: An intraday dip through $0.07250 that closes back above the trendline can be a high-reward “sweep and reclaim” entry. Invalidation just below $0.071; aim for the $0.082 retest.
- Bearish confirmation: If KAS prints a daily close below $0.07250 on rising volume, wait for a weak retest of $0.072–$0.074 from underneath. If rejected, downside magnets sit at $0.066 then $0.060.
- Position sizing: Triangle breaks often move fast; size conservatively and add only on confirmed structure (reclaim of MA or successful retest).
Risk controls to keep you in the game
- Prefer daily close confirmations over intraday noise to reduce false breaks.
- Track volume expansion—breakouts without volume are prone to failure.
- Monitor BTC volatility; sharp BTC pullbacks often force alt breakdowns regardless of local setups.
- Use time-based stops if a breakout doesn’t develop within your trade window.
Broader market context
BTC’s cool-off from a record $126,000 to ~$121,000 and ETH at ~$4,350 have tightened conditions across alts. If majors stabilize, KAS can leverage a triangle resolution higher. If majors remain heavy, the triangle’s lower edge is vulnerable. Seasonally, Q4 can favor rotational flows—confirmation will matter more than prediction.
Bottom line
KAS is at a make-or-break support. The clean signals: hold and reclaim the 50D MA for a push toward $0.10, or lose $0.07250 and respect the slide toward $0.060. Patience and confirmation over guessing—let the structure tell you the trade.
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