Kaspa (KAS) Regains Momentum After Weeks of Decline

• Kaspa (KAS) climbs to $0.08117 with an 11.16% daily gain and $2.13B market cap.
• Trading volume surges 92.30%, signaling renewed investor interest.

Kaspa (KAS) surged today, posting an impressive 11.16% intraday gain to trade at $0.08117. The token touched a daily high of $0.08281. Its market capitalization rose to $2.13 billion, marking an 11.17% increase. 

With a total supply of 26.32 billion KAS and a fully diluted valuation (FDV) of $2.33 billion, its market cap-to-FDV ratio sits at approximately 0.91. The 24-hour trading volume also jumped 92.30% to $79.55 million, pushing the volume-to-market-cap ratio to 3.72%, a bullish liquidity signal.

KAS Shows Signs of Recovery

Technically, KAS appears to be recovering from a prolonged downtrend. It recently rebounded from a local support near $0.072. If bullish pressure sustains, the next resistance lies at $0.085. 

A breakout above this level could set the stage for a move toward $0.090. However, if price fails to hold $0.072, it may revisit $0.068 as a short-term floor. Price action indicates growing buying interest as green candles outnumber red ones in recent sessions.

The Relative Strength Index (RSI) shows a reading of 42.09, climbing above its moving average of 38.97. Although still below the 50-neutral line, this crossover reflects renewed momentum. If RSI breaches 50, upward continuation could follow. The RSI’s slope, now positive, underscores strength building at the lower end of the chart.

The Chaikin Money Flow (CMF) rests at -0.07, still below the zero threshold, suggesting weak capital inflow. Despite this, the CMF has flattened out, which hints at a shift in investor sentiment.

On moving averages, a short-term crossover remains elusive, but recent price action moves above the 10-day moving average, suggesting a mild trend reversal. Sustained closes above both short and mid-term averages could confirm a stronger bullish phase.

Kaspa’s technical backdrop aligns with a broader bullish undertone. Yet, confirmation from capital flow and sustained momentum is required. Traders now watch for either a clean break above $0.085 or a fallback to $0.072. 

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