Kaspa (KAS) has experienced a 13% price drop this week, reflecting a broader trend in the altcoin market as investors pivot towards Bitcoin. Despite the decline, trading volume remains stable at $16.6 million, indicating that long-term holders are maintaining their positions without panic selling.
Currently priced near $0.046, Kaspa is experiencing weak buying pressure, with technical indicators such as the Relative Strength Index (RSI) and Money Flow Index (MFI) showing market indecision. A price movement above the $0.050–$0.052 range could signal a reversal in momentum, while a further decline might target the $0.042–$0.040 range. The broader altcoin market trends are expected to significantly influence Kaspa's price trajectory in the coming days.
Kaspa (KAS) Faces 13% Weekly Decline Amid Market Shifts
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