Wednesday, July 30, 2025
No Result
View All Result
Coin Digest Daily
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
No Result
View All Result
Coin Digest Daily
No Result
View All Result

KAS price slumps 4%: can it bounce back? – CoinJournal

26 June 2025
in Analysis
Reading Time: 3 mins read
0 0
A A
0
Home Analysis
Share on FacebookShare on Twitter


20-day EMA fails to carry as help in newest transfer.
$0.082 upside goal now appears to be like distant.
Buying and selling quantity stays regular however lacks shopping for power.

Kaspa (KAS), a Layer-1 blockchain protocol identified for its blockDAG structure, had not too long ago emerged because the crypto market’s prime gainer.

Nevertheless, the development has reversed, with KAS now buying and selling at $0.07533, down 4.17% prior to now 24 hours.

Kaspa price
Supply: CoinMarketCap

This shift follows a short rally the place the coin had damaged by a key resistance zone that held for 29 days.

Whereas buying and selling quantity stays elevated, the loss in value indicators renewed stress from sellers, dampening the bullish momentum that had been constructing into the top of the second quarter.

Value breakout loses steam

Kaspa’s earlier transfer above its 20-day exponential shifting common (EMA) recommended a change in short-term market dynamics.

The 20-day EMA typically acts as a key indicator of development power.

KAS had been buying and selling beneath this degree for almost a month earlier than the latest breakout, which initially hinted at a shift in sentiment.

Nevertheless, the present dip again beneath $0.076 confirms that the bullish breakout has not held, and short-term bias could also be turning cautious once more.

On the time of writing, Kaspa is buying and selling at $0.07533, beneath the height hit throughout final week’s rally.

This invalidates the sooner assumption that patrons had absolutely reclaimed management, suggesting that the resistance zone continues to be in play.

MACD sign weakens after the crossover

The latest bullish crossover within the Transferring Common Convergence Divergence (MACD) indicator had hinted at a powerful upside.

The MACD line had crossed above the sign line for the primary time in weeks, sometimes a sign of a strengthening development.

Nevertheless, with the worth now falling, that sign is beginning to lose validity, and merchants could deal with it as a false breakout except the worth recovers swiftly.

Momentum indicators just like the MACD are delicate to cost reversals.

When the MACD crossover just isn’t supported by continued value positive factors, the reliability of the bullish sign comes into query, rising the probability of short-term consolidation or a deeper pullback.

$0.082 stays distant as draw back stress builds

Beforehand, the following resistance degree was seen at $0.082, with potential upside extending to $0.091.

Now, these targets appear extra distant, as Kaspa struggles to keep up upward momentum.

If the worth stays beneath the 20-day EMA, additional decline towards $0.069 turns into extra seemingly.

The short-term outlook has modified considerably with at present’s downturn, and any restoration would wish to first reclaim the $0.076–$0.078 vary earlier than difficult greater resistance ranges.

The zone between $0.069 and $0.076 stays essential for figuring out KAS’s instant path.

Share this articleCategoriesTags



Source link

Tags: BounceCoinJournalKASPriceSlumps
Previous Post

Your crypto could help you get a mortgage now

Next Post

AI Hints and Google Rumors Push Pi Token Price Up

Related Posts

Altcoins update: Dogecoin and Injective signal recoveries as Ethereum eyes $4,000 – CoinJournal
Analysis

Altcoins update: Dogecoin and Injective signal recoveries as Ethereum eyes $4,000 – CoinJournal

29 July 2025
FARTCOIN price dips 20% as top whale takes profit – CoinJournal
Analysis

FARTCOIN price dips 20% as top whale takes profit – CoinJournal

29 July 2025
Dogecoin (DOGE) Dips Again – Healthy Correction or Sign of Weakening Momentum?
Analysis

Dogecoin (DOGE) Dips Again – Healthy Correction or Sign of Weakening Momentum?

29 July 2025
Ethereum Price Stays Strong – Elevated Price Hints at Bullish Continuation
Analysis

Ethereum Price Stays Strong – Elevated Price Hints at Bullish Continuation

29 July 2025
Pendle TVL surpasses $7B ATH as new catalysts emerge: what’s next? – CoinJournal
Analysis

Pendle TVL surpasses $7B ATH as new catalysts emerge: what’s next? – CoinJournal

28 July 2025
Solana price prediction: SOL targets $250 amid ETF buzz
Analysis

Solana price prediction: SOL targets $250 amid ETF buzz

28 July 2025
Next Post
AI Hints and Google Rumors Push Pi Token Price Up

AI Hints and Google Rumors Push Pi Token Price Up

Court Denies Ripple-SEC Push to End XRP Case—Judge Keeps Ruling Intact – Legal Bitcoin News

Court Denies Ripple-SEC Push to End XRP Case—Judge Keeps Ruling Intact – Legal Bitcoin News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
BNB Price Gears Up for Upside Break — Will Bulls Deliver?

BNB Price Gears Up for Upside Break — Will Bulls Deliver?

8 July 2025
Something Big Is Coming For XRP On July 9—Why It Matters

Something Big Is Coming For XRP On July 9—Why It Matters

8 July 2025
XRP could rally higher on steady capital inflow; check forecast

XRP could rally higher on steady capital inflow; check forecast

8 July 2025
10 Most Popular Bitcoin Mining Apps for Android & iOS in 2025 | Earn Crypto Fast

10 Most Popular Bitcoin Mining Apps for Android & iOS in 2025 | Earn Crypto Fast

24 May 2025
Ethereum Price Drops After Bullish Attempt — Support Area Under Pressure

Ethereum Price Drops After Bullish Attempt — Support Area Under Pressure

2 July 2025
Live Best Meme Coins Updates Today: TOKEN6900 Presale Begins with Promises of 1000x, SEC Approves First-Ever ETF with Bitcoin, Ethereum, XRP, and More…

Live Best Meme Coins Updates Today: TOKEN6900 Presale Begins with Promises of 1000x, SEC Approves First-Ever ETF with Bitcoin, Ethereum, XRP, and More…

2 July 2025
Ethereum Leads Futures Rebound As Top Altcoin OI Nears $45B

Ethereum Leads Futures Rebound As Top Altcoin OI Nears $45B

30 July 2025
‘Altseason for TradFi’ Underway As Investors Look To Rotate Profits Into Riskier Bets: Bitwise CIO Matt Hougan – The Daily Hodl

‘Altseason for TradFi’ Underway As Investors Look To Rotate Profits Into Riskier Bets: Bitwise CIO Matt Hougan – The Daily Hodl

30 July 2025
Market Set to Surge as PayPal Introduces ‘Pay with Crypto’ Feature for 100+ Tokens

Market Set to Surge as PayPal Introduces ‘Pay with Crypto’ Feature for 100+ Tokens

30 July 2025
Uprise Teams Up with HoneyBook to Bring Tax Planning to Small Business Owners – Finovate

Uprise Teams Up with HoneyBook to Bring Tax Planning to Small Business Owners – Finovate

30 July 2025
Strategy Purchases 21,021 Bitcoin After $2.52 Billion IPO

Strategy Purchases 21,021 Bitcoin After $2.52 Billion IPO

30 July 2025
Redstone Debuts Oracle for Instant DeFi Liquidations and MEV Capture    – Defi Bitcoin News

Redstone Debuts Oracle for Instant DeFi Liquidations and MEV Capture    – Defi Bitcoin News

29 July 2025
Facebook Twitter Instagram Youtube RSS
Coin Digest Daily

Stay ahead in the world of cryptocurrencies with Coin Digest Daily. Your daily dose of insightful news, market trends, and expert analyses. Empowering you to make informed decisions in the ever-evolving blockchain space.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITEMAP

  • About us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$117,947.00-0.32%
  • ethereumEthereum(ETH)$3,812.600.89%
  • rippleXRP(XRP)$3.140.12%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$806.48-1.87%
  • solanaSolana(SOL)$181.52-0.95%
  • usd-coinUSDC(USDC)$1.000.00%
  • staked-etherLido Staked Ether(STETH)$3,810.540.94%
  • dogecoinDogecoin(DOGE)$0.224274-0.36%
  • tronTRON(TRX)$0.3376674.19%