Kaspa (KAS) Price Prediction for the Week

Kaspa price is kicking off the week near $0.083, up a little over 3% in the latest 4-hour move. The token had a nice recovery earlier in September, but for now it’s back to moving sideways. 

For almost two months KAS has been trapped inside a broad $0.07 to $0.10 range, and so far neither bulls nor bears have managed to force a real breakout.

What the KAS Chart Is Showing

Looking at the 4H chart, the Kaspa price is stuck in a range. The September rally that pushed price from $0.072 to around $0.095 has cooled off, and price has drifted back toward the middle of the channel. 

Right now the big level to watch is $0.082 to $0.083. Buyers have stepped in at that spot several times this month, so it’s a key support zone.

If that floor holds, the next target is the resistance zone around $0.090 to $0.095. A strong close above $0.095 could finally open the way to $0.10 or even $0.11, which were the highs back in late July. 

But if Kaspa price slips under $0.082, traders will start eyeing the early September low near $0.072, and from there a deeper dip toward $0.068 becomes possible.

Image Source: Coinank

Market Indicators

The indicators are showing the same neutral picture. The RSI is sitting near 52, right in the middle, which means momentum is balanced and neither side is in charge. 

Open interest is holding around $424 million, a bit lighter than earlier peaks, so there’s less leveraged action in the market at the moment.

Net long positions are close to $136 million, while net shorts are about $171 million. That’s a slight lean toward shorts, but it isn’t strong enough to set a clear direction. 

There aren’t any major bullish or bearish divergences showing up on the RSI either, which keeps the outlook steady for now.

Read Also: Can Shiba Inu (SHIB) Price Hit $0.5 or Even $1? Let’s Break It Down

Kaspa Price Short-Term Outlook for the Week

The key for this week is what happens around $0.082 to $0.083. If buyers keep defending that zone and trading volume picks up, Kaspa price could push back to $0.090 and maybe test $0.095 again. 

Breaking through that resistance would be a strong sign and could set up a move toward $0.10 or $0.11. If the support gives way instead, the chart points to a return to $0.072 and possibly a slide into the high $0.06 area. 

Until a bigger move shows up, Kaspa price looks set to keep drifting between support and resistance, waiting for the next catalyst to decide the trend.

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Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.

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