Kaspa (KAS) is currently trading at $0.086606, reflecting a 24-hour decline of 1.60%. The daily price range has been narrow, with a high of $0.089838 and a low of $0.086561, indicating limited volatility within the session.

The trading volume stands at approximately 59.9 million, which represents 2.62% of the market cap, suggesting moderate interest from traders. The hourly moving averages show a bearish trend across short-term SMA indicators, with the 8, 13, and 21 SMAs indicating losses ranging from 1.29% to 1.36%, while the 144 SMA shows a slight gain of 0.25%.

The current RSI readings are indicative of a neutral market; the 1-hour RSI is at 43, and the 7-day RSI is at 50, suggesting a lack of momentum. However, the 7-day and 14-day price changes of -5.83% and -14.26% respectively signal a weakening short-term trend, while the 30-day change of +14.05% indicates some recovery over the longer term.

Kaspa's price is significantly below its all-time high of $0.207411 reached on August 1, 2024, which adds to the potential for upside recovery. With the current price being 58% off its all-time high, there is room for growth if market conditions shift positively.

Given the mixed technical indicators and the recent downtrend, a cautious approach is warranted. Therefore, I recommend a Hold rating on KAS, as the short-term bearish indicators need to stabilize before considering a buy, while the long-term potential remains intact.