Kaspa (KAS) took a heavy hit today. The KAS price dropped about 9% in just 24 hours after failing to break past the $0.10 mark earlier this week. The move has reminded traders that volatility is still very much alive in August trading.
KAS is now trading around $0.0914. It’s sitting just above the 200-day moving average at $0.0883. This level has been a key support in recent weeks, with buyers repeatedly stepping in to prevent deeper losses.
Looking back, Kaspa pushed above this moving average in late April and climbed to $0.13 in May. That rally was short-lived. By late June, the price had dropped to $0.066 before starting a slow but steady recovery through July and into early August.
This month, Kaspa has tried twice to clear the $0.10 level, but both attempts were rejected. That area is now the short-term ceiling. The RSI sits at 49, showing a balanced market without strong buying or selling pressure.
If the 200-day average holds, KAS could make another run toward $0.10–$0.11. A confirmed break above $0.11 would put the May high of $0.13 back in play. On the downside, losing the $0.088 support could see price sliding toward $0.080, where buyers might step in again.
ChatGPT’s Kaspa Price Target for 2025
We asked ChatGPT to project where Kaspa could peak during this bull run. Based on past market cycles, typical altcoin behavior when Bitcoin is strong, and current market structure, the model suggests a target range between $0.28 and $0.34 in 2025.
Reaching this zone would mean more than tripling from current prices. For long-term holders, that might be the point to start locking in profits. Selling too early could mean missing the biggest gains of the cycle.
Kaspa’s fundamentals haven’t changed overnight. The network continues to attract attention in the proof-of-work space, and liquidity has been building over the past months. This pullback could simply be a pause before the next upward leg – especially if Bitcoin keeps setting the tone for the market.
Read also: Kaspa (KAS) vs Cardano (ADA): Which Is Going to $5 First?
Key Levels to Watch
Support: $0.088 and $0.080
Resistance: $0.10, $0.11, then $0.13
2025 Target Zone: $0.28–$0.34
Today’s drop may feel like a setback, but in bull markets, pullbacks often set the stage for bigger rallies. If the projection plays out, the real breakout might still be ahead.
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