Kaspa Gained 6.37% in Last Month and is Predicted to Drop to $0.016074 By Jun 21, 2023

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

• Kaspa is up 13.93% today against the US Dollar
• KAS/BTC increased by 11.47% today
• KAS/ETH increased by 11.63% today
• Kaspa is currently trading 32.61% above our prediction on Jun 21, 2023
• Kaspa gained 6.37% in the last month and is up 4,952.00% since 1 year ago

KAS price is expected to drop by -24.79% in the next 5 days according to our Kaspa price prediction

is trading at $ 0.021315 after gaining 13.93% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 8.98% in the same time period. KAS performed well against BTC today and recorded a 11.47% gain against the world’s largest cryptocurrency.

According to our Kaspa price prediction, KAS is expected to reach a price of $ 0.016074 by Jun 21, 2023. This would represent a -24.79% price decrease for KAS in the next 5 days.

KAS Price Prediction Chart

Buy/Sell Kaspa

What has been going on with Kaspa in the last 30 days

Kaspa has been displaying a positive trend recently, as the coin gained 6.37% in the last 30-days. The medium-term trend for Kaspa has been bullish, with KAS increasing by 53.30% in the last 3 months. The long-term picture for Kaspa has been positive, as KAS is currently displaying a 4,952.00% 1-year price change. On this day last year, KAS was trading at $ 0.000422.

Kaspa reached its all-time high price on Apr 02, 2023, when the price of KAS peaked at $ 0.042511. The current KAS cycle high is $ 0.032333, while the cycle low is at $ 0.011984. KAS has been displaying high volatility recently – the 1-month volatility of the coin is at 10.59. Kaspa recorded 12 green days in the last 30 days.

Kaspa technical analysis for today – Jun 16, 2023

The sentiment in the Kaspa markets is currently Bullish, and the Fear & Greed index is reading Neutral. The most important support levels to watch are $ 0.019298, $ 0.016172 and $ 0.014480, while $ 0.024117, $ 0.025810 and $ 0.028935 are the key resistance levels.

Bullish sentiment for Kaspa

21 indicators are currently signaling a bullish prediction for Kaspa, while 4 indicators are showing a bearish forecast. With 84% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for Kaspa.

Crypto market is currently experiencing Neutral

Currently, the Fear & Greed index is at 47 (Neutral), which signals that investors have a neutral outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Kaspa moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Kaspa is positioned in the market right now.

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Kaspa is at 66.94, suggesting that KAS is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Kaspa over the last 50 days. Currently, Kaspa is trading below the SMA 50 trendline, which is a bearish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the KAS closing price for the last 200 days. KAS is now trading below the SMA 200, signaling that the market is currently bearish.

The bottom line about this Kaspa prediction

After considering the above factors, we can conclude that the current forecast for Kaspa price prediction is Bullish. KAS would have to decrease by -24.79% to hit our $ 0.016074 target within the next five days. Moving forward, it will be important to monitor the KAS market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Kaspa price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.