The Toccata hard fork of the Kaspa (KAS) network was successfully completed on Tuesday. June 30. This upgrade introduces smart contract functionality while adding support for KRC-20 codes.
The price of the KAS token has increased 20.38%from the lowest level $0.0266 On Thursday, June 25 to $0.032 On writing day. This rise in prices is likely the result of speculators and traders positioning themselves for a hard split.
However, the altcoin has declined 7.8% inside 10 hours of trading. What should KAS traders expect next?
Kaspa price downtrend in the long term
on One day time frameKaspa’s structure has been steadily bearish. The last bearish leg was made earlier in 2026, from… $0.0532 to $0.0249. Since February, KAS has lacked a decisive long-term trend and twice managed to challenge the trend $0.04 Display area.
It was rejected in March and May, and the market-wide sell-off in the past two months has pushed KAS closer to the desired level. $0.025 Low swing.
the MACD was moving below the zero line To show bearish market momentum. At the same time, The CMF was at -0.17It is well below the threshold of -0.05 that indicates significant capital outflows.
Price structure and technical technicals agree on a long-term bearish outlook.
Call to Action for Traders – Selling the news event confirms the downtrend
On the 1-hour time frame, recent gains have briefly tilted the MACD in favor of an uptrend, with the CMF also indicating increased buying pressure over the past five days. the $0.03 Local resistance was briefly overcome as the hard fork approached startup.
In the final hours, rapid selling confirmed that short-term gains were only used as a selling opportunity.
The liquidation heatmap also indicated a buildup of short liquidation levels just above $0.03 Ring number resistance. The price action above swept this magnetic zone neatly and has already started to reverse.
In the coming days and weeks, the price will drop to… $0.0249 and $0.020 This was a possibility that traders and investors needed to prepare for.
Final summary
- The Kaspa token’s recent price gains were part of a news sell-off type event as the Tocatta Hardfork approaches.
- The long-term price trend has been bearish, and a drop below the February 2026 low of $0.0249 appears likely.
