Kaspa market sentiment turns positive: What this means for KAS

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KAS has surged by 6.47% over the past week. Kaspa's trading volume has increased by 14.21% showing increased demand and favorability

Kaspa’s trading volume has increased by 14.21%, indicating increased demand and favorability.At press time, KAS was trading at $0.172. This marked a 6.47% increase over the past seven days.

The price recovery is widely supported by increasing demand, as illustrated by trading volume. As such, KAS’s trading volume increased by 14.21% toAccording to AMBCrypto’s analysis, Kaspa was experiencing a strong upswing. The uptrend has strengthened the altcoin to break out from the descending trendline on the daily timeframe.For instance, the Kaspa Directional Movement Index showed a strong uptrend. At press time, the Positive Index at 21.6 was sitting above the negative index at 16.6%.

 

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