Kaspa (KAS) saw renewed activity this week as bulls pushed the token higher amid exchange news and a broader crypto market lift.
Price and volume snapshot
- KAS rallied 5.44% over the past 24 hours while daily trading volume surged roughly 102%.
- Market momentum was likely helped by Kaspa’s recent listing on HTX (formerly Huobi) and Bitcoin’s advance toward the $90,000 psychological mark — a dynamic that often supports altcoin strength.
Key technical levels and structure
- Since the October 10 drawdown, KAS has been oscillating in a clearly defined range between $0.036 (range low) and $0.060 (range high) on the daily chart (source: KAS/USDT on TradingView).
- The mid-range at $0.048 is acting as immediate resistance. A clean flip of $0.048 to support would open the path toward the $0.060 range top.
- Alternatively, a pullback to roughly $0.044 would likely create a short-term buying opportunity targeting the mid-range resistance at $0.048.
Order flow and momentum
- On the daily timeframe, On-Balance Volume (OBV) retraced during the last month but has broken its downtrend in the past week — a positive sign that buying pressure is improving if sustained (source: KAS/USDT on TradingView).
- The weekly chart still favors bears: the dominant trend remains downward with swing points at $0.036 and $0.063. A weekly close above $0.063 would be required to shift the bias decisively bullish.
- Weekly OBV remains weak and has not produced notable new highs in recent months, implying that higher-volume buying needs to materialize for a durable rally.
Liquidation landscape
- The liquidation heatmap (source: CoinGlass) shows significant clusters of high-leverage liquidations around $0.0439 and $0.0489. Those pockets often act as magnets for price action as stops and leveraged positions get swept — meaning the token could visit either level first depending on short-term order flow.
- Traders should watch those zones closely: a revisit to $0.044 could be a tactical long entry with a target at $0.048, while a decisive breakout above $0.048 and successful retest would point toward $0.060.
Bottom line
Kaspa’s short-term outlook is constructive if bulls can hold and flip the $0.048 mid-range level, supported by improved OBV and the tailwinds of an HTX listing plus Bitcoin strength. However, the weekly structure remains bearish until KAS decisively clears and closes above $0.063, and sizeable leverage clustered near $0.044–$0.049 raises the potential for volatility or liquidity-driven moves.
Disclaimer: The information presented does not constitute financial, investment, trading, or other advice and is solely the writer’s opinion. AMBCrypto’s content is informational and should not be interpreted as investment advice. Trading cryptocurrencies is high risk — do your own research before making any decisions. © 2025 AMBCrypto
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