Kaspa (KAS) Price Prediction for Today (August 16)

Kaspa price has been stuck in a tight range lately, just hovering around a key price level while traders wait for a real move. Momentum’s pretty balanced right now, there are a few bullish signs on the charts, but also a bit of selling pressure holding things back.

After failing to push past $0.121 in late July, KAS has been moving sideways and is now sitting just under $0.089.

Let’s take a closer look at what’s going on today.

📅 What We Got Right Yesterday

In yesterday’s prediction, we talked about how holding above $0.089 could keep the chance alive for a push toward $0.10-$0.105, but that dropping below $0.087 might send the price toward $0.084-$0.080.

That’s exactly how it played out, KAS held $0.089 but didn’t have enough juice to break above $0.10. The result? More sideways action, just like we expected in the neutral scenario.

📊 Kaspa Daily Overview (August 16)

  • Current Price: $0.088985
  • 24h Range: $0.0853 – $0.0899
  • Volume: Steady, nothing dramatic

KAS price is still dancing around the $0.089 pivot, sometimes acting as support, sometimes as resistance. The ceiling is still $0.10-$0.105, while $0.085 is the short-term safety net below.

🔍 What the Kaspa Chart Is Showing

Looking at the bigger picture, KAS price bounced back from December’s $0.0525 low, built a strong base, and rallied into that tough $0.10–$0.12 resistance zone.

Source: CoinAnk

Since then, we’ve seen a pattern of lower highs, with price stuck in a narrowing range. Right now, $0.089 is acting like a neckline from an inverse head-and-shoulders setup, and price is basically retesting it from above.

If $0.085 breaks, we could see a quick drop to $0.078 or $0.075. But if it holds, bulls might take another shot at $0.10 and beyond.

📈 Technical Indicators (Daily)

IndicatorValueSignal
MACD0.001Mild bullish momentum
ADX(14)23.522Weak trend strength
CCI-8.48Neutral
RSI47.18Balanced market
ROC5.093Positive momentum
Bull/Bear Power-0.0052Slight bear edge

Summary: Momentum’s mixed. MACD and ROC show some bullish energy, but Bull/Bear Power says sellers still have a small advantage. The rest point to a market just drifting sideways.

🔮 Kaspa Price Scenarios

Bullish:

Break $0.10 with volume, and we could be looking at $0.105-$0.110, maybe even $0.118-$0.120.

Neutral:

Keep chopping between $0.085 and $0.10 until something big changes.

Bearish:

Close under $0.087 and KAS might revisit $0.084-$0.080, with $0.075 as the deeper floor.

Read Also: Sell Your Kaspa… When It Hits This Level

🧠 Wrapping Up

Kaspa price is in a holding pattern, still above its key pivot, but not breaking past resistance. Until we see a clean break in either direction, expect more range-bound trading between $0.085 and $0.10.

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Funbi Afe
Funbi Afe

Funbi Afe is content strategist with a strong background in technical writing, cryptocurrency, journalism, and copy editing. Passionate about simplifying complex topics, Funbi crafts clear, engaging content that informs and inspires diverse audiences. With expertise spanning blockchain technology, SEO strategy, and market analysis, Funbi is dedicated to helping brands and communities deliver impactful, polished messaging in the fast-evolving digital space.

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