Latest Kaspa (KAS) Price Analysis

By CMC AI
09 November 2025 04:02PM (UTC+0)

Why is KAS’s price up today? (09/11/2025)

TLDR

Kaspa rose 2.89% over the last 24h to $0.0523, marking a partial recovery from a 27.49% 30-day decline. This uptick aligns with bullish technical signals and network milestones but remains fragile in a risk-off crypto market.

  1. Technical Rebound: Oversold RSI and bullish MACD crossover suggest short-term momentum.

  2. Network Milestones: Record 158M daily transactions (Oct 5) and Kasia app adoption (Oct 12) underpin utility.

  3. Anniversary Momentum: Community-driven node growth (443 nodes, +47% in Oct) ahead of Kaspa’s 4th birthday (Nov 7).

Deep Dive

1. Technical Rebound (Bullish Impact)

Overview: KAS’s RSI14 (44.2) exited oversold territory, while the MACD histogram turned positive (+0.00057) for the first time since October 26 – signaling waning bearish momentum.

What this means: The 24h bounce likely reflects algorithmic traders capitalizing on oversold conditions. However, the price remains below the 30-day SMA ($0.05395), and Fibonacci resistance at $0.0516 (38.2% retracement) poses a near-term hurdle.

What to look out for: Sustained closes above $0.0544 (November 5 resistance) to confirm trend reversal.

2. Network Activity Surge (Mixed Impact)

Overview: Kaspa processed 158M transactions on October 5 – surpassing Bitcoin’s annual volume – and launched Kasia, a decentralized messaging app with 500K+ messages costing ~$0.74 in total.

What this means: While these milestones showcase Kaspa’s technical capacity (5,700+ TPS, 10 blocks/sec), adoption metrics remain niche. The Kasia app lacks audits, and transaction fees <$0.001 suggest limited revenue potential for miners.

3. Market Sentiment Shift (Neutral Impact)

Overview: Crypto Fear & Greed Index held at 24 (“Extreme Fear”), but Kaspa’s 24h trading volume rose to $40.8M (+3.05% hourly uptick).

What this means: The bounce lacks strong volume confirmation (24h volume down 44.68% vs prior day), suggesting weak conviction. Kaspa underperformed the broader crypto market (+2.32% in 24h), reflecting lingering PoW skepticism.

Conclusion

Kaspa’s rebound appears driven by technical factors and anniversary-related optimism rather than fundamental breakthroughs. Traders should monitor the $0.0516–$0.0544 resistance band and node growth trends post-November 7.

Key watch: Can Kaspa’s hashrate stabilize above 500 TH/s (current: ~443 nodes) to support price recovery amid miner profitability pressures?

Why is KAS’s price down today? (08/11/2025)

TLDR

Kaspa (KAS) rose 0.58% over the last 24h but underperformed the broader crypto market (+1.24%). The muted movement reflects mixed technical signals and lingering bearish sentiment.

  1. Technical Resistance Struggle – Failed breakout above $0.0518 pivot point.

  2. Negative News Sentiment – Proof-of-Work volatility concerns amplified by competitor narratives.

  3. Market-Wide Caution – Fear-driven crypto sentiment (CMC Fear & Greed Index: 25) pressures risk assets.

Deep Dive

1. Technical Resistance Struggle (Bearish Impact)

Overview: KAS faces stiff resistance at the $0.0518 Fibonacci retracement level and pivot point. Despite a bullish MACD crossover (histogram: +0.00038), the RSI-14 (44.55) remains neutral, failing to confirm upward momentum.

What this means: Repeated rejections at $0.0518 signal weak buyer conviction. The 7-day SMA ($0.0494) now acts as near-term support, but a close below could trigger a retest of October’s $0.041 lows.

What to watch: Sustained volume above $74M daily (current: $74.1M) to validate breakout attempts.

2. Negative News Sentiment (Bearish Impact)

Overview: A November 6 Bitcoinist article contrasted Kaspa’s technical struggles with XRP Tundra’s adaptive AMM model, framing PoW chains as outdated for DeFi. While KAS’s node count hit 443 (Oct 27) and throughput reached 5,700+ TPS (Oct 5), narratives favoring liquidity-focused projects diverted attention.

What this means: Competitor comparisons have intensified selling pressure among short-term traders, despite Kaspa’s network growth. KAS’s 24h turnover ratio (0.0546) remains low, indicating thin liquidity exacerbates volatility.

3. Market-Wide Caution (Mixed Impact)

Overview: The crypto Fear & Greed Index (25) reflects extreme risk aversion, with Bitcoin dominance rising to 59.32%. Altcoins like KAS face headwinds as capital rotates to perceived safer assets.

What this means: Kaspa’s 30-day correlation with Bitcoin strengthened to 0.82, per CoinMarketCap data. While this limits downside vs. smaller alts, it caps rallies until macro sentiment improves.

Conclusion

Kaspa’s price reflects a tug-of-war between strong on-chain fundamentals (node growth, throughput) and bearish technicals/market sentiment. While network milestones suggest long-term potential, traders remain cautious amid resistance tests and PoW narrative challenges.

Key watch: Can KAS hold above the 7-day SMA ($0.0494) despite low turnover and BTC dominance pressure?

CMC AI can make mistakes. Not financial advice.