Kaspa Price Faces Make-or-Break Moment at Falling Wedge

Kaspa's price has been consolidating around $0.02575 since early February but is now trading at $0.02894, flipping the 50-day EMA in a bullish sign.

The token is sitting close to the upper edge of a long-standing falling wedge, which could be a critical breakout point for Kaspa's next major move.

If the price breaks above the wedge, it could pave the way for higher targets at $0.06280 and $0.07469, representing a significant distance from its current level.

However, if sellers defend the upper boundary of the wedge and Kaspa's price loses the $0.02575 support, the token could slide towards $0.01038 and potentially establish a new all-time low.