The Kaspa price action has been frustratingly quiet while many altcoins are rallying. Right now, KAS trades around $0.088, barely changed after weeks of sideways movement. Let’s break down what the chart and on-chain data reveal.
What you'll learn 👉
Price Movements: Flat Inside $0.08 – $0.09
On the 4-hour CoinAnk chart, Kaspa has been locked between support near $0.08 and resistance at roughly $0.09 since mid-August. The coin dipped as low as $0.0726 earlier this month but quickly recovered to the middle of the range. Every attempt to push above $0.09 has failed, showing strong supply pressure.
This lack of a decisive breakout stands out as other altcoins like MNT and TON are breaking key resistances and making new highs.
Kaspa’s Relative Strength Index (RSI) sits near 64, with short-term peaks at 75 on the latest push higher. That means the token is leaning slightly toward overbought territory, but not enough to spark a strong rally. The RSI has mostly stayed between 40 and 70 for weeks, confirming the sideways mood.
Net Long vs. Net Short
The net long position is about 286M KAS, down from 283M at the highs, while net shorts remain higher at around 302M KAS. In other words, bears still control a bigger share of the market. This imbalance suggests traders are cautious or even looking for another pullback if the $0.09 cap holds.
The fact that shorts outweigh longs while the price barely moves hints that buying pressure isn’t strong enough to squeeze shorts out.
Open interest is flat to slightly negative (around –2M KAS on the chart). That means fewer new futures or perpetual contracts are opening. Low or declining open interest usually signals weak conviction among both bulls and bears, which matches Kaspa’s low-volatility behavior.
Read also: Kaspa Secures an Exchange Listing
Short-Term Kaspa Price Prediction
Unless the Kaspa price breaks above $0.09 with real volume, it’s likely to keep drifting sideways. A failure to hold $0.08 support could send the price back to $0.075–$0.072 over the coming weeks.
To turn positive, bulls need a decisive close over $0.09, which could target $0.10–$0.11, but there’s no sign of that yet.
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