Kaspa (KAS) Price Prediction Today (March 20): Following Market Crashes, the Price Dipped to $0.055 Lows.

Following market crashes in February, the Kaspa price dipped to $0.055 lows. However, KAS had one of the best bounces of these lows

Kaspa price today dipped to $0.055 lows following market crashes in February. However, KAS had one of the best bounces of these lows out of most other altcoins and quickly stabilized above the $0.075 range.

Now, following big Ripple vs SEC news, the KAS price is up 6%. It broke the $0.080 resistance and is now trading above this level.

So, where could the Kaspa price be headed today? Let’s look at some technicals on a daily timeframe as we usually do when we post our daily price predictions.

RSI(14) is 50.982 but STOCHRSI(14) is 97.946

The RSI reading of around 51 shows that Kaspa is in the middle ground right now – not too hot, not too cold. This means the price isn’t showing extreme conditions in either direction.

However, the StochRSI is extremely high at nearly 98, telling us that Kaspa might be overheated in the short term and could need to cool down soon.

MACD(12,26) is -0.003

The Moving Average Convergence Divergence (MACD) is just barely negative at -0.003, suggesting that the short-term momentum is nearly equal to the longer-term trend.

This neutral reading implies that the Kaspa price could move in either direction, though it’s very close to crossing into positive territory.

ADX(14) is 37.935

The Average Directional Index (ADX) at 37.935 shows a relatively strong trend strength. Values above 25 typically indicate a strong trend is present, meaning the current price movement has conviction behind it.

CCI(14) is 126.0911

The CCI reading of 126 means Kaspa’s price is rising faster than usual. When this number goes over 100, it shows strong buying pressure. This can lead to a brief pause or pullback as some traders take profits.

Ultimate Oscillator is 58.89

The Ultimate Oscillator reading of 58.89 indicates slightly bullish momentum as it’s above the midpoint of 50. This multi-timeframe indicator suggests moderate buying pressure in the market.

ROC is 7.982

The Rate of Change (ROC) at 7.982 shows that Kaspa has gained nearly 8% compared to its price 14 periods ago. This positive value confirms the recent uptrend in price.

Related Article: Kaspa (KAS) vs. Binance Coin (BNB): Which Crypto Is Better to Hold?

Where Could The KAS Price Be Headed Today?

Obviously, Kaspa’s price performance today will depend on broader crypto market behavior following a strong day yesterday.

In the past few weeks, the market has been sluggish, and after a green day, a red day usually followed.

As we reported yesterday, Kaspa’s network hashrate declined 25% from its all-time high due to miner capitulation, driven by plummeting fees (down 99.9% from peaks) and reduced block rewards.

Even though this signals short-term instability, historical patterns suggest such phases often precede market bottoms in cryptocurrencies.

This could be a factor to watch out for as it might lead to lower lows in the coming days.

Overall, technical indicators hint at further gains, but overbought conditions and the potential for increased miner capitulation suggest limited upside potential and a possible retracement to the $0.075-$0.078 support zone.

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output: Kaspa price today dipped to $0.055 lows following market crashes in February. However, KAS had one of the best bounces of these lows out of most other altcoins and quickly stabilized above the $0.075 range.

And now, following big Ripple vs SEC news, the KAS price is up 6%. It broke the $0.080 resistance and is now trading above this level.

So, where could the Kaspa price be headed next? Let’s look at some technicals on a daily timeframe as we usually do when we post our daily price predictions.

RSI(14) is 50.982 but STOCHRSI(14) is 97.946

The RSI reading of around 51 shows that Kaspa is in the middle ground right now – not too hot, not too cold. This means the