Kaspa and XRP are both at critical technical junctures after sharp rallies, with traders watching key support and resistance levels. Kaspa's KAS token has broken out of a multi-week consolidation range, while XRP is testing the $1.55 barrier following its strongest weekly advance in months.
Kaspa began July near $0.031, then slid to about $0.025 in early August. From August 1 through August 17, KAS traded in a narrow band between $0.025 and $0.028 on weak volume. On August 19, however, the token broke above $0.028 and surged toward $0.032 as trading volume spiked. It has since pulled back to roughly $0.02953, putting the prior breakout level under scrutiny as support.
Analysts note that the $0.028 area is now a decisive line. If buyers continue to defend that level, the breakout remains intact and the next upside targets are $0.032 and then $0.035. A failure to hold $0.028 could send KAS back toward the early August support around $0.025. Momentum indicators are mixed: the RSI sits at 57.95, above neutral but below overbought territory, while the Ultimate Oscillator has cooled to 44.48.
Binance Pool is also adding a catalyst for Kaspa. The mining pool is offering zero-fee Kaspa mining through November 5 for miners using kHeavyHash-compatible hardware. The promotion arrives as Kaspa's hashrate recovers toward 325 PH/s. With roughly 96% of KAS already mined, lower pool fees could improve miner profitability and support network participation, though analysts caution that sustained demand is still needed to turn the technical breakout into a larger trend.
XRP, meanwhile, has rallied about 53% in a single weekly candle and is trading near $1.47, according to CoinMarketCap. The token's 24-hour range on August 24 was approximately $1.46 to $1.54, and its market capitalization stood near $92.65 billion. The move follows a rebound from roughly $0.985 and has brought XRP to its strongest level in nearly seven months.
Crypto Patel has identified $1.55 as immediate resistance. A confirmed move above that level could extend the bullish leg, while rejection could spark a retracement toward lower accumulation zones. The $1.45 area is also seen as important support, with buyers reportedly defending that zone.
Derivatives activity has picked up. CoinGlass data shows XRP futures open interest near $3.72 billion, with 24-hour futures volume around $8.84 billion and spot volume near $1.89 billion. While increased open interest signals greater trader participation, it can also amplify downside risk if momentum fades. U.S. spot XRP exchange-traded funds recorded $39.78 million in net inflows during August 17–21, the strongest weekly inflow since May, bringing cumulative net inflows to about $1.55 billion.
Ripple's XRP disclosures show 37.66 billion XRP in company holdings as of June 30, with 32.6 billion XRP in on-ledger escrow. Ripple has also announced investments in ZILO and Licuido on August 3, expanding regulated transfer agency, issuance, and collateral mobility capabilities for the XRP Ledger.
For both assets, the next trading sessions are likely to determine whether recent volatility has follow-through. Kaspa needs to hold $0.028, and XRP needs a confirmed break above $1.55 to strengthen the bullish case.
