Kaspa price is trading around $0.08837, showing not much action as price keeps moving sideways. Buyers are holding up the lower end of the range, and sellers are stepping in at the top, and this has kept the token consolidating within the range.
Volume is less than when the token was on the huge rallies in the first part of this year, which generally suggests traders are holding out for a clear break before making big moves.
What you'll learn 👉
What We Got Right Yesterday
In yesterday’s prediction, we talked about the $0.082 level as the key support to watch. The idea was simple: if KAS dropped below it, the next step would likely be $0.080-$0.075, with a bigger risk of $0.052-$0.055 if that floor gave way.
So far, bulls have done their job holding above $0.082, which means price is still bouncing inside the $0.082-$0.090 range.
We also said that only a breakout above $0.093-$0.095 with real volume could unlock the next push toward $0.100-$0.103 and maybe $0.110-$0.115. That move hasn’t come yet, which leaves Kaspa price stuck in the same sideways zone.
📊 KAS Daily Overview (August 29)
- Current Price: $0.08837
- 24h Change: +1.58%
- Volume: 153M (lighter than during the big rally)
- Open Interest / Market Cap Ratio: 0.059
- Net Longs: -1.22B
- Net Shorts: 1.17B
📊 What the KAS Chart Is Showing
If you zoom out, Kaspa price had a huge run-up to nearly $0.20, but sellers quickly took control and pushed the price back down to about $0.05. Since then, it’s been stabilizing in a sideways range between $0.08 and $0.12.
Right now, buyers are stepping in around $0.082-$0.085, showing they’re still willing to defend that level. But every time KAS gets close to $0.093-$0.095, it gets rejected, which shows sellers are still keeping a lid on things.
Volume has thinned out a lot, so most traders are waiting on the sidelines. Open interest hasn’t really moved, which means positions are still loaded, and when the range finally breaks, it could make the next move sharp. Shorts are a bit heavier than longs, so bears have the edge, but if bulls push through resistance, those shorts could fuel a quick rally.
Read Also: Analyst Calls Kaspa “Life-Changing Money,” Reveals Why a Top 5 Spot Looks Certain
KAS Price Scenarios for August 29
Bullish Scenario 🚀
If Kaspa breaks above $0.093-$0.095 with volume, the next stops are $0.100-$0.103, and possibly $0.110-$0.115.
Neutral Scenario ⚖️
Most likely, the KAS price just keeps moving sideways. As long as KAS stays between $0.082 and $0.090, range trading continues.
Bearish Scenario 📉
If Kaspa loses $0.082, the chart flips bearishly. That could drag the price to $0.080-$0.075, and if that doesn’t hold, a drop back toward $0.052-$0.055 comes into play.
Final Thoughts
The Kaspa price is still stuck between $0.082 and $0.090, but this won’t last forever. Once price breaks out, expect a fast move in either direction.
If bulls take control, KAS could be heading back toward $0.100-$0.115. If bears win, then the mid-$0.070s or even the $0.050s could be back on the table. For now, it’s just a waiting game while the market builds pressure under the surface.
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