Digital currency KAS has recently shown poor performance, experiencing a 20% price drop in the past month due to a significant market correction. Analysis suggests a possibility of further decline with some predictions indicating a 93% price fall if a crucial support level is breached. The number of addresses holding at least 1 unit of KAS has reached a new record of 538,030 in the last 24 hours, potentially indicating asset accumulation by traders. Despite a 2.7% price increase, the classic head and shoulders pattern on the KAS chart suggests a potential further price decrease. Technical indicators like the Average Directional Index (ADX) and Buyers and Sellers Power (BBP) confirm this bearish outlook, hinting at a possible future price drop for KAS.
