Bitcoin

Kaspa Is a Top Bullish Coin on CoinMarketCap

Kaspa (KAS) continues to show strong signs of retail confidence with #2 in bullish sentiment on CoinMarketCap’s trending coins list today. With a 92.3% bullish rating, it’s right behind XDC Network and ahead of heavyweights like Arbitrum, Floki, and Hedera. This level of optimism from retail traders is notable, especially during a market phase where Bitcoin dominance has started slipping and altcoin narratives are heating up again.

Despite not being the loudest project on Crypto Twitter, Kaspa consistently commands a loyal following – and today’s sentiment data proves it. The strong community conviction suggests KAS might be preparing for a renewed push, but let’s dig into the price chart to see whether that optimism has technical backing.

Kaspa Price Analysis: Bulls Hold Above 200-Day EMA

Kaspa is currently trading at $0.099, down slightly on the day, but still above the critical 200-day EMA, which now sits around $0.092. The 200 EMA had been acting as a major resistance level for months – so flipping it into support in July was a major technical victory for bulls.

After surging from sub-$0.07 in June to over $0.118 in mid-July, KAS pulled back, but has so far respected the $0.09–$0.095 support zone. This is a key area to watch. If KAS holds above it in the coming days, the structure remains bullish.

Source: TradingView

The daily RSI is neutral at 57.8, suggesting there’s still room to move higher without being overbought. However, momentum has cooled slightly, and bulls will need to reclaim $0.105–$0.11 to reestablish a near-term breakout setup.

What to Watch Next

  • If bulls defend $0.095, Kaspa could retest $0.11 and then challenge the recent high near $0.118.
  • A break below $0.092 (200 EMA) would weaken the bullish structure and open up downside risk toward $0.085.
  • Sentiment remains a strong tailwind – but follow-through needs volume, especially if it’s going to revisit the $0.13–$0.14 zone.

With strong community support and a rising technical trend, Kaspa remains one of the more promising mid-cap altcoins to watch during this phase of the cycle.

Read also: Kaspa (KAS) Price Drops, But ‘Diamond Hands’ Are Growing – Here’s What That Means

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