Markets· ★★· bearish·

Kaspa (KAS) drops 10.58% after 45% monthly rally

  • KAS fell 10.58% in 24 hours to $0.0385
  • Volume of $19.77M was 28.98% above the 30-day average
  • RSI at 59.6 and MACD remains bullish
  • Key support sits at the SMA-7 of $0.03857
Why it matters: The drop looks like profit-taking after a sharp rally, but a close below the SMA-7 would open the door to $0.0366 and lower.
Source: DiarioBitcoin