Kaspa (KAS) Price Just Flashed a Major Buy Signal

The Kaspa price had a solid week with 20% pump and is now trading exactly at $0.10. This is the highest KAS price in over 2 months.

Kaspa price had a decent week with 20% pump and is now trading exactly at $0.10. This is the highest KAS price in over 2 months.

X account ‘Kaspa Daily’ updated their price outlook this morning.

Kaspa has been falling for months, creating lower highs and lower lows on the chart. But recent weeks show a strong reversal. The latest green candles are bigger, showing that buyers are stepping in with more force. The price bounced back from about $0.05 and recently broke through the $0.08-$0.09 resistance area. This breakthrough is significant because this zone might now provide support if the uptrend continues.

The $0.05-$0.06 range proved to be a strong support zone where the price bounced sharply. Now that Kaspa has moved above $0.08-$0.9, this area could become the new floor. Looking ahead, the $0.12-$0.14 range stands as the next major hurdle. If momentum keeps building, we could see prices push toward $0.16-$0.18.

Kaspa Weekly MACD Crossover ConfirmedThe weekly candle has officially closed with a bullish MACD crossover, a major technical signal that often marks the start of a new momentum phase.It demonstrates:•Increasing buying pressure building on higher timeframes•Potential… pic.twitter.com/EcRrqq28Hi

Kaspa Price: The Weekly MACD Signal

The biggest technical sign in the chart is the MACD crossover on the weekly timeframe. The blue MACD line crossed above the orange Signal line for the first time in months. This is a big deal because weekly signals are much stronger than daily ones. They usually mark more reliable trend changes.

The histogram just turned green after being red for a long time, confirming the shift in momentum. The MACD line is curving sharply upward from very low levels. This suggests more buying pressure could build if the trend holds.

This doesn’t look like a short-lived bounce. It has the markings of a real trend change, especially since it’s happening on a weekly chart. The timing lines up with Kaspa’s Crescendo Upgrade coming on May 5th. This upgrade will speed up Kaspa’s network by processing 10 times more blocks per second.

Crypto projects often see price movement before and after major upgrades. Short-term dips to around $0.085-$0.09 might offer good entry points. A clean break above $0.12 would likely target $0.16 next.

The combination of this technical signal and the upcoming network upgrade creates an interesting setup for Kaspa after months of decline.

Read also: How High Can Kaspa (KAS) Go This Bull Run? Analyst Weighs In

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