Kaspa has been stuck in a frustrating sideways zone for weeks, bouncing between short-lived breakouts and quick rejections. As the new week kicks off, traders are closely watching the $0.075 level to see whether bulls have any real strength left – or if this is just another pause before another leg lower.
Let’s break down the current technical setup to get a better sense of what’s next.
What you'll learn 👉
📉 Kaspa Chart Overview
Wee had a look at the 4-hour chart, and it’s clear that Kaspa remains trapped below its 200-day moving average, which is currently hovering around $0.0948. That long-term resistance has been untouched for nearly two months now, and the KAS price hasn’t managed a close above it since early May.
A large descending channel, drawn from early 2024 highs, still dominates the structure. Every attempt to break out of this pattern has been rejected. Short-term bounces tend to run into resistance between $0.085 and $0.090 before fading. The most recent bounce, from the June low around $0.06, has now stalled just under $0.078.
This price compression below key moving averages signals indecision – or accumulation. But unless something changes, it still leans bearish.
📊 Weekly Technical Indicators
Let’s now zoom out and look at what some of the key weekly indicators are telling us.
| Indicator | Value | Interpretation |
|---|---|---|
| MACD | -0.013 | Bearish momentum remains in play |
| CCI | -50.6096 | Slightly oversold, but not extreme |
| ATR | 0.0191 | High recent volatility, range-bound action |
| Ultimate Oscillator | 41.425 | Neutral zone, no strong momentum |
| ROC (Rate of Change) | 20.779 | Mild upside bounce from June’s local bottom |
Most of these indicators point to one thing: we’re not in a trending move yet. Momentum is weak, volatility is still present, and the bounce off $0.06 has not flipped the broader structure bullish.
The MACD staying negative shows that any bullish scenario is not yet confirmed. Meanwhile, the CCI near -50 signals there’s still some selling pressure, but it’s not yet at panic levels.
🧠 Kaspa Price Prediction (July 7–13)
So what does all this mean for price action this week?
🔴 Bearish Scenario:
If KAS fails to hold above $0.075 and breaks back below $0.072, a move back toward the $0.065 support zone seems likely. Further downside could target $0.060 again, especially if Bitcoin turns bearish.
🟡 Realistic Scenario:
Sideways movement continues between $0.073 and $0.080. The price may test $0.081–$0.083, but unless volume picks up or BTC rallies, it’s unlikely we see a breakout.
🟢 Bullish Scenario:
A clean breakout above $0.085 could flip momentum and open up the path to $0.095 and eventually $0.10. But for that to happen, bulls need to reclaim the 200-day MA with confidence – something they’ve failed to do since May.
Read also: Here’s Kaspa Price If KAS Reaches Cardano’s Market Cap
🧭 Wrapping Up
Right now, Kaspa still hasn’t broken out of its long-term pattern. While some signs of strength are there, the bulls haven’t followed through in weeks. This week may just extend the chop unless Bitcoin triggers a broader market rally.
But if Kaspa does break $0.085 with strong volume, the chart changes quickly. For now, patience is key.
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