Kaspa (KAS) rises ~9.5% to $0.047 as HTX listing (Dec. 24), lower exchange balances and falling-wedge setup point to potential breakout toward $0.085

Kaspa (KAS) gained about 9.5% in 24 hours to $0.047 and trades ~17% above its weekly low with a $1.26B market cap. KAS is scheduled for an HTX listing on Dec. 24 and there is community speculation about a possible Crypto.com listing — events that can lift short-term demand. Nansen on-chain data shows exchange-held KAS fell ~3% to 3.28M, which may reduce selling pressure. Weekly technicals form a falling wedge near the upper trendline with MACD and Aroon indicating waning bearishness; immediate resistance is $0.056 and a breakout could target ~$0.085 (38.2% Fib).
AI Analysis
Price up ~9.5% and imminent HTX listing (Dec. 24) increase short-term visibility; exchange-held balances fell ~3% (less potential sell-side supply); weekly chart shows a falling-wedge breakout setup with MACD/Aroon weakening bearish signals and defined resistances/targets cited in the summary.