Markets· ★★· neutral·

KAS rises 3.48% to $0.0374 but technical picture stays weak

  • —KAS trades at $0.037404, up 3.48% on the day, with $19.98 million in volume
  • —Price sits above the 7- and 90-day SMAs but below the 15-, 30- and 50-day averages
  • —RSI at 47, MACD bearish, annualized volatility at 87.3%
  • —KAS is down 4.04% over seven days and 6.51% over 30 days
Why it matters: The bounce does not confirm a trend reversal: without a break above the $0.0409 30-day SMA and stronger volume, downside risk persists.
#KAS
Source: DiarioBitcoin
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