<p>Kaspa spent most of October squeezed inside a narrowing pattern, and the way that squeeze ended matters more than the pattern itself. A fresh chart from an analyst on X <a href="https://captainaltcoin.com/kaspa-community-says-covenants-could-have-prevented-a-binance-style-6-3b-hack/" rel="noopener noreferrer nofollow">shows where KAS</a> trades now and where the next major level could appear. The daily indicators add a few more clues worth checking.</p>
<p>Crypto With Gopal shared a KASUSDT spot chart from Bybit on the 4H timeframe, drawn on TradingView on Nov 2, 2026. The chart marks a triangle that starts near $0.0445 in early October. A descending resistance line connects a series of lower highs, while a flat support line runs near $0.0345.</p>
<p>The analyst described it as<a href="https://www.ig.com/en/trading-strategies/a-guide-on-triangle-patterns-for-traders-241017" rel="noopener noreferrer nofollow"> a symmetrical triangle</a> and called it a major battle between bulls and bears. These are the main points on the chart:</p>
<ul>
 <li>Early October high near $0.0445 starts the descending resistance line</li>
 <li>Lower highs near $0.0430, $0.0395, and $0.0375 follow over the next few weeks</li>
 <li>Flat support near $0.0345 gets tested more than once before the pattern ends</li>
</ul>
<figure class="wp-block-image size-large"><img width="1024" height="526" src="https://captainaltcoin.com/wp-content/uploads/2026/11/image-17-1024x526.png" alt="">
 <figcaption>
  @cryptowithgopal / X
 </figcaption>
</figure>
<h3 class="wp-block-heading" id="kaspa-price-has-already-dropped-below-the-triangle-support">Kaspa Price Has Already Dropped Below the Triangle Support</h3>
<p>The chart shows that the squeeze ended to the downside in late October. A large red candle pushed KAS from near $0.0375 to roughly $0.0325, which put the price below the flat support line. Trading has stayed in a tight sideways range since that move.</p>
<p>The latest 4H candle on the chart opened at $0.03267 and reached a high of $0.03274. It dipped to $0.03230 and closed at $0.03247, a decline of 0.61%. Crypto With Gopal quoted the same $0.03247 price in his post.</p>
<p>The old triangle floor near $0.0345 to $0.0350 now acts as resistance. The analyst marked a support zone around $0.0320 to $0.0325 and said bears hold the short term edge. A reclaim of $0.0350 would weaken that view.</p>
<figure class="wp-block-table table1">
 <table class="has-fixed-layout">
  <thead>
   <tr>
    <th>Level</th>
    <th>Price</th>
    <th>Role</th>
   </tr>
  </thead>
  <tbody>
   <tr>
    <td>Resistance</td>
    <td>$0.0350</td>
    <td>Old triangle support, now a ceiling</td>
   </tr>
   <tr>
    <td>Current price</td>
    <td>$0.03247</td>
    <td>Trading below the broken pattern</td>
   </tr>
   <tr>
    <td>Support</td>
    <td>$0.0320 to $0.0325</td>
    <td>Zone the analyst is watching</td>
   </tr>
   <tr>
    <td>Target</td>
    <td>$0.0230 to $0.0240</td>
    <td>Downside objective after the breakdown</td>
   </tr>
  </tbody>
 </table>
</figure>
<h3 class="wp-block-heading" id="kaspa-price-target-zone-is-close-to-mid-august-trading-levels">Kaspa Price Target Zone Is Close to Mid-August Trading Levels</h3>
<p>The chart draws a target box near $0.0240, and the analyst’s text mentions $0.0230. A drop to that area would mean a decline of roughly 26% to 29% from $0.03247. That zone is close to the $0.0250 to $0.0265 range where KAS traded in mid-August, before the September rally began.</p>
<p>That rally pushed KAS close to $0.0500 in late September. The current price of $0.03247 is roughly 35% below that peak. The chart therefore shows a coin that has given back a large part of its summer gains.</p>
<h2 class="wp-block-heading" id="investing-com-daily-chart-indicators-support-a-downward-decline-for-kas">Investing.com Daily Chart Indicators Support a Downward Decline for KAS</h2>
<p>The 4H chart is only one view of the market. The daily chart on Investing.com adds five more readings, and most of them lean the same way.</p>
<figure class="wp-block-table table1">
 <table class="has-fixed-layout">
  <thead>
   <tr>
    <th>Indicator</th>
    <th>Value</th>
    <th>Action</th>
   </tr>
  </thead>
  <tbody>
   <tr>
    <td>RSI(14)</td>
    <td>33.857</td>
    <td>Sell</td>
   </tr>
   <tr>
    <td>STOCH(9,6)</td>
    <td>7.549</td>
    <td>Oversold</td>
   </tr>
   <tr>
    <td>MACD(12,26)</td>
    <td>-0.002</td>
    <td>Sell</td>
   </tr>
   <tr>
    <td>Ultimate Oscillator</td>
    <td>35.218</td>
    <td>Sell</td>
   </tr>
   <tr>
    <td>Bull/Bear Power(13)</td>
    <td>-0.0050</td>
    <td>Sell</td>
   </tr>
  </tbody>
 </table>
</figure>
<p><strong>RSI(14) at 33.857:</strong> The reading is well under the neutral 50 mark and close to the 30 level that marks oversold territory. Buying strength is weak on the daily chart.</p>
<p><strong>STOCH(9,6) at 7.549:</strong> This is deep oversold territory. It confirms that KAS has been closing near the bottom of its recent range. A short bounce can follow readings like this, but they also show how heavy the selling has been.</p>
<p><strong>MACD(12,26) at -0.002:</strong> A negative value means the short term average is below the longer term one. That matches the downward drift visible on the 4H chart.</p>
<p><strong>Ultimate Oscillator at 35.218:</strong> This tool blends momentum across three timeframes. A reading in the mid 30s means weakness appears across short, medium, and longer periods.</p>
<p><strong>Bull/Bear Power(13) at -0.0050:</strong> A negative value means bears have been stronger than bulls over the last 13 periods. It lines up with the analyst’s comment about the short term edge.</p>
<p>Four of the five indicators carry a sell label, and the fifth is oversold. That mix supports the bearish chart, even if a short relief bounce appears first.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/bitcoin-ethereum-and-xrp-sentiment-is-collapsing-but-theres-a-catch/" rel="noopener noreferrer nofollow">Bitcoin, Ethereum and XRP Sentiment Is Collapsing, But There’s a Catch</a></em></strong></p>
<h2 class="wp-block-heading" id="what-could-happen-next-for-kas-continued-drop-or-recovery-above-0-0350">What Could Happen Next for KAS: Continued Drop or Recovery Above $0.0350</h2>
<p>Two paths remain open for the Kaspa price from here.</p>
<ol>
 <li><strong>Continued drop:</strong> A move below the $0.0320 to $0.0325 support zone would open the road toward the $0.0230 to $0.0240 target area.</li>
 <li><strong>Recovery:</strong> A climb back above $0.0350 would put KAS back inside the old triangle and weaken the breakdown.</li>
</ol>
<p>Broken patterns are sometimes retested before the next move, so a bounce toward $0.0345 would not be unusual. Traders often watch whether that level holds as resistance.</p>
<p><em><strong>Subscribe to <a href="https://www.youtube.com/@Captain-Altcoin" rel="noopener noreferrer nofollow">our YouTube channel</a> for daily crypto updates, market insights, and expert analysis.</strong></em></p>
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio">
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<p>The post <a href="https://captainaltcoin.com/kaspa-price-could-be-setting-up-for-a-bigger-drop/" rel="noopener noreferrer nofollow">Kaspa Price Could Be Setting Up for a Bigger Drop!</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Kaspa Price Could Be Setting Up for a Bigger Drop!

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