- The crypto market faced heavy turbulence with over $1 billion in liquidations, causing Kaspa (KAS) to drop more than 6% in 24 hours to around $0.07825.
- KAS is testing crucial support at $0.074, the lower boundary of a symmetrical triangle pattern that has been forming on the daily chart.
- If support holds, KAS could bounce toward its 200-day moving average at $0.08555, with potential upside to the triangle's upper boundary near $0.1022.
- A breakdown below $0.074 support would break the bullish structure and could push KAS down to the $0.060 support zone.
Date: Mon, Sept 22, 2025 | 06:50 AM GMT
The cryptocurrency market is experiencing heavy turbulence after over $1 billion in liquidations, with Ethereum (ETH) sliding more than 6% to trade under the $4,200 mark. The selloff has dragged down most altcoins, including Kaspa (KAS), which has lost more than 6% in the past 24 hours.
But despite the drop, KAS is now trading at a crucial technical level — one that could define whether the token stages a rebound or extends its decline.
Symmetrical Triangle In Play
On the daily chart, KAS has been trading inside a symmetrical triangle pattern, a neutral setup that usually precedes a strong breakout in either direction.
Currently, the ongoing correction has pushed KAS to test the lower boundary of this triangle near $0.074, where buyers are showing resilience by holding the support, with the token now trading around $0.07825.
This trendline has been serving as dynamic support for months, and a reclaim of the 200-day moving average ($0.08555) could be the first major aim for bulls to keep the structure intact and regain momentum.
What’s Next for KAS?
If buyers manage to protect the $0.074 support, KAS could mount a bounce and attempt to reclaim its 200-day moving average. Regaining this line would be a bullish trigger, potentially opening the door for a move toward the upper boundary of the triangle near $0.1022. A breakout above that level could unleash strong upside momentum.
However, failure to hold this support would break the bullish structure. A confirmed breakdown could drag KAS down toward the $0.060 support zone.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
The opinions and market insights shared on CoinsProbe represent the views of individual authors based on prevailing market conditions at the time of publication. Cryptocurrency investments carry significant risk and volatility. Readers are encouraged to conduct their own research and seek professional financial advice before making investment decisions. CoinsProbe and its contributors do not accept responsibility for financial losses or decisions made based on published content.
CoinsProbe may publish sponsored articles, affiliate links, or promotional collaborations. All sponsored material is clearly labeled to maintain transparency with our audience. Our editorial decisions remain fully independent, and advertising partnerships do not influence reviews, rankings, or published opinions.
Since 2023, CoinsProbe has delivered reliable insights on cryptocurrency, blockchain, and digital assets. Our content is created by experienced researchers and analysts who follow strict editorial standards focused on accuracy, transparency, and credibility. Every article is carefully reviewed and verified using trusted sources and current market data. We provide unbiased analysis and timely updates covering everything from emerging crypto projects to major industry developments.
