Kaspa (KAS) has rallied more than 80% over the past month, climbing back above $0.04 and trading near $0.042 after spending much of the summer at lower levels. The move places the token squarely inside a major resistance band between $0.04 and $0.044, leaving traders divided on whether Kaspa has finally established a long-term bottom.
Analyst V describes the current setup as one of the hardest calls to make. He says Kaspa 'might have bottomed', but he is not ready to confirm it. His chart outlines two scenarios. In the bullish case, KAS corrects from current resistance but holds the $0.0293 to $0.035 zone, then turns higher toward roughly $0.045 to $0.046. His original bearish path remains open, with a deeper drop into a 'high risk buy-zone' between $0.0153 and $0.0213. A decline from $0.042 to $0.0213 would be about 49%, while a move to $0.0153 would mark a roughly 64% correction. V says the strongest confirmation would only arrive with an impulsive move above approximately $0.066.
Separately, analyst Invest With Doc said he bought more KAS after the token touched $0.04. He framed a sustained hold above that level as the immediate test, with next targets at $0.05 and about $0.062. His longer-term view is more aggressive: KAS could eventually pass $1 if Bitcoin reaches his cycle target of $300,000. He also pointed to Bitcoin trading around $81,000 and above its 50-week simple moving average, while expecting Bitcoin dominance to fall, USDT dominance to drop below 4%, and Ethereum dominance to climb toward 20% — conditions he believes would benefit altcoins like Kaspa.
Doc also cited on-chain activity, including a report of more than 32,000 covenants used within an hour, and highlighted upcoming developments such as the Crescendo hard fork and potential Day and Night evolution. Supply data discussed in his video show roughly 27.7 billion KAS in circulation out of a maximum supply of 28.7 billion. Still, both analysts agree the next correction will be critical: holding the $0.029 to $0.035 area would strengthen the bottom case, while a deeper slide below $0.0213 would keep the possibility of new lows alive.
