Price Position and Structural State
Kaspa (KAS) closed at 0.02766 USDT on August 29, 2026, down 1.32%. The asset now sits in a sideways structure inside its 55-day range. Current 55-day support is near 0.02498 USDT, with resistance near 0.03196 USDT. Price is near the middle of the range, so the market has no clear structural edge until it closes outside these levels.
Moving Averages and Trend Context
KAS is trading below short-term moving averages while still holding above longer-term support. MA14 at 0.027827 USDT may cap short-term recovery attempts, while MA50 at 0.027444 USDT remains the more significant structural support area. The structure resembles a pullback within a broader trend more than a full trend failure.
Trading Friction and Price Efficiency
KAS shows moderate trading friction, with a 3-day friction score of 58.9. The score combines price progress, wick rejection, and volume confirmation. Recent candles show mixed acceptance, so price is moving but still showing some noise. Moves near support or resistance need a cleaner daily close before they carry stronger weight.
Open Interest, Funding, and Positioning
Open interest fell -11.27% in one day and remains near the lower side of its 180-day range. This shows participation is weak and exposure is still being reduced.
Funding is positive on the 24-hour average at +0.005000%, with the 7-day average also positive at +0.005000%. This shows sustained long-side cost pressure across both short and medium windows.
The long/short ratio is 1.94, sitting near the upper side of its 60-day range at 82.01%. This means long accounts are unusually dominant compared with recent history.
Correlation, Beta, and Index Relationship
KAS remains strongly linked to the broader crypto market (Sigloid Index), with beta showing normal sensitivity to index movements. Correlation confirms that KAS moves closely with the index, while R² shows that index behavior explains a significant share of its movement. This means broader market direction carries meaningful weight when interpreting KAS. Over the 30-day window, the relationship is stable. Over the 60-day window, the relationship is stable. Over the 180-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.859 | 0.889 | 0.738 | Strong linkage |
| 60D | 0.777 | 0.818 | 0.604 | Strong linkage |
| 180D | 0.549 | 0.701 | 0.301 | Moderate linkage |
Momentum, Volatility, and Indicator Pressure
KAS is showing wider movement, but participation is not fully backing it. ATR% reads 5.77, near the lower side of its full historical range, while Bollinger Band width% reads 23.09, near the upper side of its 90-day range. 20-day Volume Z-score is -0.78, showing slightly below-normal participation.
Impulse and acceleration are improving, but broader momentum is still weaker. MACD histogram is positive and ROC14 is +7.04%, while RSI is 50.37.
The read is still incomplete: momentum is improving, but volatility or participation has not confirmed the move strongly enough.
Broader Market Regime
The Sigloid Index remains in a bullish regime, showing broad strength across the market. KAS stays closely linked to that market condition, so broader market strength can support price behavior and keep market direction important for this asset.
Key Levels for the Next State Change
For KAS, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 0.03196 USDT establishes a bullish regime, while a daily close below 55-day support at 0.02498 USDT confirms a bearish regime.