Overview
- Kaspa (KAS) climbed roughly 9% in 24 hours to about $0.048, rebounding from recent lows and outpacing much of the market.
- HTX, formerly Huobi, has opened deposits and plans to launch KAS spot trading on Dec. 24, according to the exchange and reporting.
- Chart analysis highlights a weekly falling-wedge setup near an upper-trendline break, with MACD nearing a bullish crossover and Aroon readings signaling waning bearish pressure.
- Nansen data shows KAS balances on exchanges fell nearly 3% over the past week to 3.28 million, a shift often read as reduced near-term selling supply.
- Analysts flag $0.056 as near-term resistance with a potential move toward ~$0.085 on a breakout, while community chatter about a Crypto.com listing remains unconfirmed.