1
The Kaspa crypto price dropped below the key EMAs of 20 and 50 days, suggesting weakness in the daily chart.
2
The KAS price hovered close to $0.116, reporting a negative intraday development of 3.62%.
The Kaspa crypto is extending the losses on the second consecutive day and trades and is attempting to break below the lower boundary of the consolidation. At the time of writing, the crypto was trading close to $0.116 after losing 3.62% in intraday.
Earlier, the KAS crypto experienced a drop in the last week of February and slumped lower, breaking below the 20-day and 50-day exponential moving averages. The breakdown below the key EMAs indicates a short-term correction in the price.
Currently, the KAS crypto seems stuck between the 50-day EMA on the higher side and the 200-day EMA on the lower side. The price is consolidating in the range, and unable to find a clear direction as of now.
The breakout above the 50-day EMA or a break
We współpracy z: https://www.thecoinrepublic.com/2024/04/16/will-kaspa-crypto-completely-consume-its-gains-or-break-upside/
