Kaspa price prediction: Sell-the-news reaction wipes out recent gains

The Kaspa [KAS] community’s Toccata laborious fork was accomplished efficiently on Tuesday, June 30. This improve introduces sensible contract performance whereas including help for KRC-20 tokens.

The worth of the KAS token rallied 20.38%, from a low of $0.0266 on Thursday, June 25, to $0.032 on the day of writing. This worth surge doubtless got here because of speculators and merchants positioning themselves for the laborious fork.

Nevertheless, the altcoin has shed 7.8% inside 10 hours of buying and selling. What ought to KAS merchants count on subsequent?

The Kaspa long-term worth downtrend

On the 1-day timeframe, the construction of Kaspa has been steadily bearish. The most recent bearish leg was made earlier in 2026, from $0.0532 to $0.0249. Since February, KAS has lacked a decisive long-term development and has twice managed to problem the $0.04 provide zone.

It was rebuffed in March and Could, and the market-wide sell-offs prior to now two months have pushed KAS nearer to the $0.025 swing low.

The MACD was shifting under the zero line to point out bearish market momentum. In the meantime, the CMF was at -0.17, effectively under the -0.05 threshold that indicators important capital outflows.

The worth construction and technicals agree on a bearish long-term outlook.

Merchants’ name to action- Promote the information occasion confirms bearish sentiment

On the 1-hour timeframe, the current good points tilted the MACD briefly in bullish favor, and the CMF additionally signaled elevated shopping for strain over the previous 5 days. The $0.03 native resistance was overcome briefly because the hardfork acquired nearer to going reside.

In current hours, the swift sell-off confirmed that the short-term good points have been solely used as a promoting alternative.

The liquidation heatmap additionally famous a build-up of quick liquidation ranges simply above the $0.03 round-number resistance. The worth transfer above swept this magnetic zone neatly and has already begun to reverse.

Within the coming days and weeks, a worth drop to $0.0249 and $0.020 was a risk swing merchants and traders have to be ready for.

Ultimate Abstract

• The current Kaspa token worth good points have been a part of a sell-the-news sort occasion because the Tocatta Hardfork acquired nearer.
• The long-term worth development was bearish and a drop under the February 2026 swing low at $0.0249 appeared doubtless.