Markets

Should you refrain from Kaspa chips despite the scary price?


Kaspa Price Action has been a coarse look lately. After this month's earlier rally, things have cooled again. Whether Price had almost doubled during this race, but when it reached a high resistance to about $ 0.10, it hit the wall. After that, the momentum has faded.

During the post, Kaspa trades about $ 0.088, which is nearly 20% of the recent higher level, just yesterday saw a sharp 9% decline. If there is no great new interest, things could continue to decline

What is going on with Kaspa right now?

The mood is clearly shifted. For a while it seemed like Kaspa had found a new life, but that excitement hit the ceiling. The 0.10 -dollar sign has proven to be a difficult break in the past and this time did not differ. If Kaspa could not push through, sales pressure came back quickly. Now people are closely monitoring whether it collides or simply slides.

But here is an interesting part. Despite the scary chart, the Kaspa community is still incredibly confident. In fact, some of the voices in space can say that this sauce may actually be a good test in the project.

What analysts say

One of these votes is Floatwho described this moment as “The most difficult detention we've ever faced as Caspian.” But this is not because of fear or doubt. Quite the opposite. He believes that Kaspa is something special, with something true.

He talks about how Kaspa is built differently, decentralized, scalable and fairly triggered while working clean Proof of work. There are no shortcuts or tricks. Just pure architecture and long -term vision.

Delicious is also a bold point. He thinks the real reason Kaspa has not exploded yet is that it threatens big players. According to him, when Kaspa breaks into the center of the attention, it just doesn't compete.

He not only sees it as a sign of crypto but also as a movement. And while the rest of the market may be slow, long -term owners have not faded.

What do market data show

There are also some signals on the technical side that things may not be as bad as they look. Kaspa every day They reported an increase in interest between larger shifts in the last lessons. During the post, the funding rates are still positive.

Kaspa Daily / x

This means that most traders still contribute to the price of the rise, not down. Jumping with positive funding often suggests that more people open long positions. This is not a setback guarantee, but it shows that there is still some optimism.

Read also: How high can Kaspa (is) run this bull? Analyst weighs

Should you hold on?

It really depends on your prospect. If you are only in a short period of time, this recent dive can be nervous. Kaspa Price sits under strong resistance, and if nothing new jumps, it can constantly work hard. But if you believe in what the project is building, it may be another of the moments that shake the weak hands.

During the post, Kaspa's chart may not look good. But for those who see a bigger picture, this whole story does not tell. Sometimes the most promising project takes the longest recognition and can be one of these stories.

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