Kaspa, a cryptocurrency that has shown significant volatility, is currently trading at $0.139992, reflecting a 3.29% increase over the last 24 hours. Despite this short-term gain, the broader market sentiment remains bearish. Over the past month, KAS has dropped by 21.66%, and it is trading 22.66% below the predicted price of $0.181018 for October 19, 2024.
Technical indicators further underscore the bearish outlook, with 23 out of 31 indicators signaling a negative trend. Key support levels to watch include $0.132419, $0.129495, and $0.126992, while resistance levels are at $0.137845, $0.140348, and $0.143272.
The Fear & Greed index currently reads 48, indicating a neutral market sentiment. However, given the high volatility and the bearish technical indicators, caution is advised for investors.