Kaspa drops 9.44% and tests key support levels
- —KAS trades at $0.0387 after a 9.44% daily drop and a 6.61% weekly decline
- —Daily volume of $18.89M is 7.01% above the 30-day average
- —Price is below the 7-, 15- and 30-day SMAs but above the 50-day ($0.0367), 90- and 200-day averages
- —RSI at 46.1 and stochastic at 19.8 point to heavy selling without a reversal signal
Why it matters: Kaspa's short-term trend is damaged, but its medium-term structure above the 50-day SMA still holds — holders should watch the $0.0367 support.
Source: DiarioBitcoin