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Kaspa Price Prediction – Could a 93% Fall Be on the Cards in 2025?
As KAS (Kaspa) continues to struggle with attracting significant market interest, its price performance has been nothing short of underwhelming. Despite recently setting a new record with over 538,000 addresses now holding the asset, this milestone has failed to translate into any substantial gains for investors.
In fact, Kaspa has seen a significant decline in value, plummeting by 21.92% over the past month alone. And, unfortunately, things may only get worse before they get better.
A closer examination of KAS’s chart reveals that it is approaching a critical support level, which could be breached at any moment, leading to a catastrophic drop on the charts. This could see Kaspa lose as much as 93% in value, with its price potentially plummeting to $0.00795.
But why might this be happening? A closer look at market indicators suggests that sellers are firmly in control of the market. The Average Directional Index (ADI) and Bull Bear Power (BBP), both widely used tools for measuring trend strength and momentum, indicate a strong bearish sentiment around Kaspa.
Source: ambcrypto.com
