- KAS tests $0.105 resistance post-descending channel breakout, targeting $0.15; ADA eyes $0.72 after bullish triangle pattern.
- ADA’s 90% 6-month gain faces regulatory headwinds; KAS’s Crescendo V1 upgrade (May 5) fuels bullish momentum.
- PI consolidates near $0.64 with low volatility; breakdown below $0.62 risks downtrend continuation amid mainnet delays.
Kaspa (KAS) surges 9.98% to $0.09319, testing $0.105 resistance post-descending channel breakout, while Cardano (ADA) rallies 6.77% to $0.6666, buoyed by a bullish triangle pattern targeting $0.72. KAS eyes its Crescendo V1 mainnet upgrade (May 5) as a key catalyst, while ADA contends with regulatory risks from Oregon’s securities lawsuit.
Meanwhile, Pi Network (PI) consolidates near $0.64 amid low volatility, lacking mainnet progress. KAS’s $0.083 support and ADA’s $0.61–$0.63 demand zone remain critical, whereas PI risks a downtrend below $0.62. Technical momentum favors KAS and ADA, but PI’s speculative status and ADA’s legal overhang underscore divergent risk-reward in a macro environment.
Kaspa (KAS) is currently trading at $0.09319, reflecting a strong +9.98% gain in the last 24 hours, and marking a broader +18.74% increase over the past week. This recent rally signals bullish momentum returning to the project, though the token is still down 18.63% year-to-date and 28.88% lower over the last 6 months. That said, Kaspa remains one of the best-performing cryptocurrencies in terms of long-term growth, up over 50,000% since inception.
From a technical standpoint, KAS has broken out from the lower bound of a long-standing descending channel, and appears to be in the early phase of a recovery. With current resistance near $0.103–$0.105, a breakout could see price retesting key levels at $0.125 and eventually $0.15—both of which served as prior supply zones.
On the downside, support lies around $0.083–$0.087, and any break below that could bring the token back to the $0.075–$0.07 region. The overall technical sentiment is neutral, though volume has surged, and oscillators are trending toward bullish.
Crescendo v1.0.0 Upgrade Report
~14 days left until the Crescendo HF.
Node agent count = 57.76% (Kasnodes .com)
Mining share = 52.38% (kaspalytics .com)Current data as of time of post https://t.co/AdQmZbBzOf pic.twitter.com/cWoEBVnV3b
— Kaspa (@KaspaCurrency) April 21, 2025
On the fundamentals, Kaspa has a highly scalable proof-of-work structure built on a blockDAG architecture, offering near-instant confirmations. It recently gained more visibility with listings on Kraken and Nexo, and its upcoming Crescendo V1 mainnet upgrade (May 5) is a major catalyst that could attract fresh investor attention. With an actively growing community and roadmap milestones, Kaspa continues to appeal to both miners and long-term holders.
Cardano (ADA) is currently trading at $0.6666, showing a strong +6.77% daily gain and building on a +5.11% weekly rise, signaling a potential shift toward a bullish trend. Despite this positive momentum, ADA remains down 20.96% year-to-date, and approximately 59.38% below its all-time high of $1.76. However, over the last 6 months, it has gained 90.68%, reflecting growing market confidence in its long-term potential.
From a technical perspective, ADA has broken out of a multi-week triangle consolidation pattern, a classic bullish signal suggesting the start of a new upward move.
If this breakout is sustained with volume, ADA could target the next resistance zones at $0.72, and then $0.81, with potential for a more extended rally toward $0.90–$1.00 in the medium term. On the downside, support is forming around $0.61–$0.63, and a breakdown below this range could invalidate the bullish setup.
Fundamentally, ADA is facing some legal headwinds—it’s one of the 31 cryptocurrencies named in a lawsuit by Oregon’s Attorney General against Coinbase, which claims these assets were sold as unregistered securities.
While this raises short-term regulatory risk, the long-term outlook remains strong due to Cardano’s continued evolution as a peer-reviewed Layer 1 smart contract platform. Upcoming protocol updates, growing dApp activity, and institutional staking interest may support further price appreciation if broader crypto market sentiment remains favorable.
Pi Network (PI) is currently trading at $0.6434, registering a +1.22% daily gain, though it remains -2.77% lower over the past 7 days. The token has shown mild positive momentum in the short term, but the broader trend remains cautious, particularly as PI is still 78.43% below its all-time high of $2.99.
Its market cap stands at approximately $4.48 billion, with 6.9 billion tokens in circulation, and a 24-hour trading volume of over $83 million, signaling moderate activity.
Technically, PI is ranging between $0.6282 and $0.6446, a narrow consolidation band that suggests low volatility but potential for a breakout. If PI can reclaim and hold above the $0.65–$0.68 resistance zone, it may begin to target the psychological level of $0.75, followed by $0.85, where previous selling pressure has emerged.
Conversely, a break below $0.62 could push the price back toward $0.58, threatening a continuation of its downtrend.
Fundamentally, Pi Network is still in a speculative phase, with trading occurring mainly on centralized exchanges like Gate.io, OKX, and Bitget, despite lacking full mainnet integration for many users. The project has a strong community base and an ambitious vision to become a mobile-first Web3 ecosystem.
