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.
Source: Coinmarketcap
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.
Kaspa (KAS) Daily Chart/Coinsprobe (Source: Tradingview)
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.
