Kaspa Price Could Be Setting Up for a Bigger Drop!

Kaspa spent most of October squeezed inside a narrowing pattern, and the way that squeeze ended matters more than the pattern itself. A fresh chart from an analyst on X shows where KAS trades now and where the next major level could appear. The daily indicators add a few more clues worth checking. Crypto With Gopal shared a KASUSDT spot chart from Bybit on the 4H timeframe, drawn on TradingView on Nov 2, 2026. The chart marks a triangle that starts near $0.0445 in early October. A descending resistance line connects a series of lower highs, while a flat support line runs near $0.0345. The analyst described it as a symmetrical triangle and called it a major battle between bulls and bears. These are the main points on the chart: Early October high near $0.0445 starts the descending resistance line Lower highs near $0.0430, $0.0395, and $0.0375 follow over the next few weeks Flat support near $0.0345 gets tested more than once before the pattern ends @cryptowithgopal / X Kaspa Price Has Already Dropped Below the Triangle Support The chart shows that the squeeze ended to the downside in late October. A large red candle pushed KAS from near $0.0375 to roughly $0.0325, which put the price below the flat support line. Trading has stayed in a tight sideways range since that move. The latest 4H candle on the chart opened at $0.03267 and reached a high of $0.03274. It dipped to $0.03230 and closed at $0.03247, a decline of 0.61%. Crypto With Gopal quoted the same $0.03247 price in his post. The old triangle floor near $0.0345 to $0.0350 now acts as resistance. The analyst marked a support zone around $0.0320 to $0.0325 and said bears hold the short term edge. A reclaim of $0.0350 would weaken that view. Level Price Role Resistance $0.0350 Old triangle support, now a ceiling Current price $0.03247 Trading below the broken pattern Support $0.0320 to $0.0325 Zone the analyst is watching Target $0.0230 to $0.0240 Downside objective after the breakdown Kaspa Price Target Zone Is Close to Mid-August Trading Levels The chart draws a target box near $0.0240, and the analyst’s text mentions $0.0230. A drop to that area would mean a decline of roughly 26% to 29% from $0.03247. That zone is close to the $0.0250 to $0.0265 range where KAS traded in mid-August, before the September rally began. That rally pushed KAS close to $0.0500 in late September. The current price of $0.03247 is roughly 35% below that peak. The chart therefore shows a coin that has given back a large part of its summer gains. Investing.com Daily Chart Indicators Support a Downward Decline for KAS The 4H chart is only one view of the market.