KAS rises, but technical signals remain weak on Nov. 1
BROBROK News · Based on reporting by DiarioBitcoin ·
KAS gained 1.90% from the open and moved back above its 200-day SMA, but it still trades below shorter-term moving averages. Volume was well below its recent average, while the MACD remains bearish, leaving the rebound unconfirmed.
Key points
- Price is above the 200-day SMA but below the 7, 15, 30 and 50-day SMAs
- Daily volume was 49.52% below the 30-day average
- RSI is 37.8 and the MACD is still bearish
- No derivatives or on-chain data were available to confirm the move
- The setup points to caution rather than a confirmed trend change
Why it matters
For crypto investors, this is a short-term bounce without strong evidence that momentum has improved. Thin volume and bearish trend signals mean the move may not be durable.
Original headline: “KAS el 1 de noviembre de 2026: rebote con señales técnicas todavía frágiles”
Read the original on DiarioBitcoin
Summary and analysis written by BROBROK News from the original report. Read the full story on the source website. Not investment advice.