In our last KAS weekly prediction, we said the Kaspa price needed to reclaim the $0.0290-$0.0300 resistance zone to open the door toward $0.0325 and $0.0350. We also warned that losing $0.0270 could expose $0.0255 and even $0.0240.
That’s almost exactly how the week unfolded. Buyers failed to generate enough momentum to break resistance, the rally faded below $0.0300, and KAS slipped back toward support.
The focus now turns to whether this decline is setting up a stronger rebound or if another leg lower is coming. This week brings a major catalyst too, with Kaspa’s block reward reduction scheduled for August 5, adding fresh attention to the KAS price after a quiet few weeks.
What you'll learn 👉
Catalysts Driving the Kaspa Price
One of the bigger events this week is Kaspa’s block reward reduction coming on August 5. Miners will get fewer KAS per block, dropping from 2.450 down to a lower number. That means less new supply hitting the market, which could ease some of the selling pressure that usually comes from miners cashing out.
On the technical side, analysts are watching for a daily close above $0.02983. That could open the door toward $0.041. But here’s the thing, trading volume is still pretty light right now. The volume-to-market-cap ratio is hovering around 0.606%, which tells us buyers aren’t exactly piling in yet. So before anyone gets too excited about a breakout, we need to see some real buying volume step up first.
Community sentiment also remains one of Kaspa’s strongest points. KAS ranks third on CoinMarketCap’s community sentiment leaderboard, showing holders remain optimistic despite the token trading more than 90% below its all-time high. Strong conviction alone does not move markets, but it often helps establish support during prolonged corrections.
Development activity also continues to improve. Community members continue promoting Kaspa’s potential for retail payments because of its fast settlement and low transaction fees. Also, developers are paying closer attention to Kaspa’s programmable features. Early interest is encouraging, though production applications will matter far more than social media discussions over the coming months.
Here’s What the Kaspa Chart Is Showing
We had a look at the chart, and sellers are still controlling the short-term trend. The KAS price has printed a series of lower highs and lower lows since failing near $0.0295, with price trading near $0.0268 after another rejection from resistance. That keeps the broader downtrend intact heading into the new week.
The indicators are flashing caution signs. The RSI is at 35.17, which is getting close to oversold territory, but we haven’t seen any real bullish divergence yet to indicate a turnaround.
The Stochastic Oscillator has ticked up a little from low levels, with readings around 23.20 and 31.04. That hints that selling might be slowing down, but buyers still aren’t in control.
The levels are pretty clear. Immediate support is at $0.0265, with $0.0255 below that. Resistance is up at $0.0290–$0.0300, the same zone that turned buyers away last week. Until the Kaspa price can close above that area with stronger volume, any bounce back up is probably going to run into sellers waiting at the door.
Related Kaspa News: Kaspa Price Flashes a Rare Reversal Signal as KAS Suddenly Breaks From Bitcoin
Where Will the Kaspa Price Go This Week?
If things go well:
Kaspa needs to hold that $0.0265–$0.0270 support and then push above $0.0300 after the block reward reduction. That first move would open up $0.0325, with $0.0350 as the next target. And if we see a strong daily close above those levels? Then $0.041 could actually come into play.
What’s more likely:
We probably see more sideways action. If buyers defend $0.0265 but can’t break $0.0300, Kaspa could spend another week bouncing between $0.0265 and $0.0295. Everyone will be waiting to see if that supply reduction actually does anything to boost demand.
If things go wrong:
The trouble starts if $0.0265 gives way. That would likely push the Kaspa price down to $0.0255, with $0.0240 as the next floor below that. Losing those levels would keep the broader downtrend alive, and any real recovery would have to wait until buyers show up with more conviction and volume behind them.
Frequently Asked Questions
Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.
