Kaspa hasn’t had the smoothest ride lately. After peaking in late July, the KAS price has been sliding lower, and just a few days ago KAS even dipped under $0.07 before quickly bouncing back.
Right now, it’s holding around the $0.080 level, and traders are asking whether this recovery has legs or if it’s just a short break before another drop.
What you'll learn 👉
What the KAS Chart Is Showing
The 4H chart makes the picture pretty clear. From the high near $0.118 in late July, Kaspa price has been in a steady downtrend, carving out lower highs and lower lows.
The most forceful shove was at the start of September, when selling pushed KAS below $0.07, but by the time buyers reacted quickly to hold that level, it had been too late.
The price has been fluctuating around $0.080 since. This level is turning into a key pivot. If KAS price can stay above it, there’s room for a push back toward $0.085–$0.090. But if the price slips again, it wouldn’t be surprising to see another test of the $0.070 support area.
Market Indicators
Trading activity tells its own story. Volume spiked during the big sell-off, showing how aggressive the bears were, but the rebound hasn’t had the same level of conviction from buyers.
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Open interest is sitting around 400M, which means traders are still very engaged, though it has been drifting lower since August.
Looking at positioning, net longs have dropped off sharply while shorts remain strong at around 320M. That tilt toward bearish bets explains why upside moves have been capped quickly and why it’s been tough for bulls to build momentum.
KAS Price Short-Term Outlook for Today
In the short term, everything comes down to the $0.080 mark. If KAS price can defend it, we could see the price grind higher and test $0.085 or even $0.090.
If it loses that level, though, momentum will likely swing back to the bears and put $0.070 back on the table.
For today, the overall mood is cautious. Kaspa is showing signs of stabilization, but until it can push above $0.090 with some strength, the bears still have the upper hand.
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