Is Kaspa crypto set for a breakout above $0.2 next, or can bears take control?
Kaspa crypto (KAS) experienced a 24.6% increase last week, with a bullish trend since mid-May when $0.13 became a strong support level. The resistance level to watch is $0.184, with a potential for KAS to consolidate around $0.184-$0.193. Fibonacci retracement levels showed supports at $0.13 and $0.106. Though a short-term rally saw RSI indicating bullish momentum, the OBV did not clear resistance levels from April, suggesting an unstable uptrend. The $0.12-$0.14 region provided liquidity for a climb towards $0.196 and $0.2, where KAS might establish a trading range.