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The weighted sentiment data reveals that the Kaspa price may show more bearishness in the near term.
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The Kaspa crypto was hovering near $0.135, reporting a positive development of 1.80% intraday.
The Kaspa price is struggling to gain traction on Thursday after a three-day losing streak. The bulls are attempting to break the losing streak and recover the losses.
Moreover, the crypto could not add gains after closing near the weekly high value in the previous week. The bears attacked on Monday and were successful in closing the price in Red for the last three sessions.
The bulls’ failure in the last few sessions has validated the presence of bears near the 20 and 50 days EMAs. The 20 and 50-day EMAs have turned into a dynamic resistance level and may act as a hurdle for the bulls on the higher side.
Moreover, the long term trend is still tilted towards the buyer’s side as the Kaspa price has not invalidated the 200-day EMA and is
We współpracy z: https://www.thecoinrepublic.com/2024/03/28/can-kaspa-price-kas-transcend-soon-or-keep-deteriorating/
