Bulls Force a Sharp Reckoning for Prolonged Downtrend

• Kaspa jumps to $0.057 as buyers push toward the key $0.062 trendline that has blocked every breakout since 2024.
• Momentum turns bullish with KAS trading above the 20 and 50 day EMAs as community sentiment spikes.
• Dymsension’s new Kaspa bridge and rising cross-chain utility fuel demand while $0.055 remains the key intraday support.

Kaspa price today trades near $0.057 after posting its strongest multi-day rally in weeks. The surge pushes KAS into a direct clash with the long-term descending trendline that has capped every breakout attempt since early 2024. Buyers stepped in aggressively as momentum flipped across intraday charts, but the broader structure still demands confirmation before traders can call a full trend reversal.

Buyers Challenge The Long Term Downtrend

On the daily chart, KAS is attempting a breakout from a multi-month falling channel. Price has rallied toward the descending trendline that runs from the November 2024 peak. This line has rejected every major recovery for nearly a year, making it one of the most important barriers for bulls.

KAS now trades above the 20 day EMA at $0.0479 and the 50 day EMA at $0.0535, signaling a shift in short-term momentum. The 100 day EMA at $0.0628 and the 200 day EMA at $0.0746 remain overhead. These moving averages form the broader ceiling that still defines the bearish trend.

Parabolic SAR flipped bullish earlier this week and continues to print below price. That confirms the near term reversal attempt, although the market has not yet regained the major trendline. A successful breakout requires a clean daily close above $0.062 with rising volume.

Ecosystem Catalysts Boost Sentiment And Demand

Sentiment surrounding Kaspa improved sharply following two market-moving updates. First, a widely circulated voting dashboard ranked Kaspa fourth among the world’s top cryptocurrencies with more than 91 percent bullish votes. The survey highlighted a surge in community conviction while placing KAS ahead of several larger assets.

Second, Dymsension announced that KAS has been voted in as a new base asset. The launch of the first decentralized Kaspa Bridge gives holders access to wrapped KAS on other networks. The bridge allows KAS to interact with Ethereum and DeFi platforms through wKAS, positioning the token for broader usage. Cross-chain utility has historically supported price expansion for assets with strong communities.

Intraday Momentum Strong But Needs Follow Through

On the one hour chart, structure remains firmly bullish. KAS surged through the Supertrend flip zone at $0.039 and has held above the green Supertrend band since. 

The breakout toward $0.060 pushed the RSI above 70, showing strong momentum before cooling back toward 62.

Short term traders are defending the Supertrend support at $0.055, which now acts as the main intraday pivot.  A sustained hold above this zone keeps the bullish microstructure intact and prevents a deeper retracement into the breakout wick.

The key test for intraday traders is the high near $0.062. A move above this level confirms strength and opens the path toward the daily 100 day EMA at $0.0628. Failure to break the high could send KAS back into the range between $0.055 and $0.057.

Outlook. Will Kaspa Go Up?

Kaspa is approaching the most important resistance zone of the year. The breakout attempt is real, but confirmation is still needed.

• Bullish case: A daily close above $0.062 with strong volume breaks the descending trendline and opens a move toward $0.075, where the 200 day EMA sits. Clearing this zone turns the broader structure bullish.
• Bearish case: A move back below $0.052 would signal that buyers failed to defend the breakout. That exposes $0.047 and risks a return to the falling channel near $0.042.

If KAS reclaims the 100 and 200 day EMAs, momentum shifts decisively in favor of a new uptrend. Losing the EMA cluster below keeps the market in corrective mode.