Kaspa token surges 7% with doubled volume but faces risk of short-term pullback.

Kaspa token (KAS) rose over 7% in 24 hours with trading volume doubling to $22.28 million, driven by increased whale activity and market participation. The token is trading above key EMAs, indicating bullish momentum, with the next target price at $0.043. However, overheating signals suggest a risk of short-term volatility or pullback if buying pressure fades or profit-taking occurs. Maintaining support above EMAs is crucial for sustaining the rally.

Kaspa (KAS) shows a more modest 0.98% gain on Pluang as of Oct 22, 2026 12:21 WIB, contrasting with the article's noted 7% rise. Trading volume on Pluang is Rp249.61 million, significantly lower than the $22.28 million reported. Kaspa's price at Rp682 remains well below its recent highs, reflecting a more cautious market stance despite bullish momentum signals in the news.