Kaspa price is trying to recover after falling to roughly $0.0321, with KAS trading near $0.0335 as November begins.

The rebound comes after a difficult week. Market data from KAS Watch places KAS down around 7.6% over the previous seven days, with the token trading near the lower end of its recent range.

The 2-hour chart now shows the first meaningful improvement in momentum since the latest selloff. However, several indicators also show that the initial bounce may already be getting stretched.

That creates an important setup for November 2 through November 8.

Kaspa Price Is Recovering From the $0.0321 Support Zone

The most important level on the current KAS chart is $0.03212.

Kaspa tested this area during the latest decline and buyers have so far defended it. The price has since moved back toward $0.0335.

The structure is still fragile.

Before the drop, KAS traded repeatedly around $0.0350 to $0.0375. Losing that range pushed the price into its current lower zone.

For bulls, recovering $0.0350 would therefore be the first technical improvement worth watching.

The indicators support the idea that buyers are returning.

The short-term RSI on the 2-hour chart has reached approximately 71.5, putting it into overbought territory. The medium RSI is around 55.5, however, and the slower reading remains near 47.5.

That difference is important.

It means the latest move upward has been much stronger over the last few candles than it has been across the broader 2-hour structure.

Kaspa could therefore cool off or move sideways before another attempt higher.

The CCI tells a similar story. It has moved above 160, another sign that short-term momentum has become stretched.

KAS MACD Gives Bulls Their Best Signal

The MACD setup is more encouraging.

The MACD line is around -0.00018, compared with a signal line near -0.00036. The histogram has also turned positive.

This means momentum is recovering even though both primary MACD lines remain below the zero level.

That is usually a much earlier stage of a recovery than a fully established bullish trend.

If the positive histogram continues to expand and the MACD lines move toward zero, the probability of KAS retesting higher resistance levels would improve.

If momentum fades quickly, the current move could end up being only a relief bounce from $0.0321.

These Kaspa Price Levels Could Decide Next Week

The first resistance zone is extremely close.

KAS recently traded as high as roughly $0.0336, making the $0.0335 to $0.0340 area the immediate test.

Above that, $0.0350 becomes much more important.

A move from the current $0.03347 price to $0.035 would represent a gain of roughly 4.6%.

If buyers can reclaim $0.035 and then push through $0.036, the chart becomes considerably more interesting.

Source: CoinANK

The next targets would be:

$0.0375, roughly 12% above the current price.

$0.0390, roughly 16.5% higher.

The $0.0375 region has already acted as resistance several times on the chart, so it would likely be much harder to reclaim than $0.035.

On the downside, $0.0321 remains the key invalidation level.

Losing that support could expose approximately $0.031 next, followed by the psychological $0.030 level.

A fall from $0.03347 to $0.030 would represent another decline of slightly more than 10%.

Kaspa Price Prediction for November 2-8

Based on the current chart, the most realistic scenario appears to be consolidation mixed with another recovery attempt.

Our base range for the Kaspa price next week is:

$0.0325 to $0.0360.

Within that scenario, KAS could initially test $0.034 to $0.035, cool off as short-term RSI resets, and then make another attempt at $0.036 later in the week.

A stronger bullish scenario begins if KAS can establish itself above $0.036.

That would open a path toward $0.0375, with $0.039 becoming an extended target if broader crypto market conditions also improve.

A bearish scenario becomes much more likely if $0.0321 fails.

In that case, the next area to monitor would be $0.030 to $0.031.

Based solely on the current technical structure, we would assign roughly a 55% probability to consolidation or a moderate recovery inside the $0.0325-$0.036 range, a 25% probability to an extension toward $0.0375-$0.039, and around a 20% probability to another drop toward $0.030-$0.031.

Those probabilities can change quickly if Bitcoin or the broader altcoin market makes a large move.

Kaspa Development Continues Despite Weak KAS Price Action

The price has struggled, but Kaspa development activity has remained active.

One of the newest developments involves work on a covenant ID index for Rusty Kaspa.

A recent Rusty Kaspa pull request adds an optional covenant index along with a paginated RPC that can locate UTXOs connected with specific covenant IDs. In simple terms, this could make it easier for applications and infrastructure to locate all coins belonging to a given token or contract structure. The work was still going through development and testing in late October.

This becomes more relevant as Kaspa’s programmable ecosystem grows.

The Toccata upgrade, activated on mainnet on June 30, introduced native covenant functionality, transaction introspection and zero-knowledge verification support. Kaspa’s own developer documentation describes vProgs and other application infrastructure as areas still under construction.

Kaspa researchers have also continued working on DAGKnight.

Kaspa co-founder Yonatan Sompolinsky and core developer Michael Sutton discussed DAGKnight at the Mid-Chain DeFi Conference on October 26. DAGKnight aims to let proof-of-work consensus adapt to real network conditions instead of relying on a fixed network-delay assumption. It remains research and development work, not a currently active Kaspa mainnet upgrade.

Another recent proposal, KIP-22, focuses on addresses that can keep public keys hidden until coins are spent. The idea is designed to reduce future exposure to quantum-computing risks. Some wallet experimentation has already taken place, although parts of the standard are still being finalized.

These developments are not automatic price catalysts. They do, however, show that the technical roadmap continues moving even during weak KAS market performance.

Read also: Kaspa Community Says Covenants Could Have Prevented a Binance-Style $6.3B Hack

Can Kaspa Price Reach $0.04 Next Week?

A move to $0.04 cannot be ruled out, but the current chart does not support using it as the base-case target.

From approximately $0.03347, KAS would need to rise close to 20% to reach $0.04.

Before that happens, buyers would first need to reclaim $0.035, $0.036 and the much stronger resistance around $0.0375-$0.039.

That makes $0.036 the price to watch first.

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The post Here’s Where Kaspa (KAS) Price Could Be Headed This Week, November 2-8 appeared first on CaptainAltcoin.