Kaspa price is holding steady after a sharp pullback, and right now, it’s stuck between trendline support and short-term resistance. Price action has been quiet, but it’s hovering just under a key moving average that could tip things either way.
After rallying above $0.12 in late July, KAS slid back toward $0.08, where it’s been finding some support on the rising trendline. At the time of writing, it’s trading around $0.08794.
Let’s break down what’s going on today.
What you'll learn 👉
📅 What We Got Right Yesterday
In yesterday’s prediction, we pointed out how important the $0.082 support level was, and that’s exactly where buyers stepped in. Price held above it, keeping KAS in a neutral zone between $0.082 and $0.090.
We also mentioned that if KAS price could push above the $0.0885–$0.0912 area, it might rally toward $0.095 or even $0.10. So far, the price has approached the 9-day moving average at $0.0884, but hasn’t broken it yet.
It’s still respecting that rising trendline, which has been in place since mid-June, so the setup remains intact for now.
📊 Kaspa Daily Snapshot (August 7)
- Current Price: $0.08794
- 24h Change: +1.32%
- SMA (9-day): $0.0884
Kaspa price is trading between support and resistance, caught between the trendline and its 9-day SMA. Price action is leaning neutral at the moment, not enough momentum for a breakout, but bulls are still defending key levels.
🔍 What the Kaspa Chart Tells Us
The chart shows that Kaspa is still respecting the uptrend that started back in June. Every time it touches that trendline, it bounces, and this time looks no different.
Right now, the next challenge is $0.0885–$0.0890. A clean move above that could open the door to $0.093 and $0.095.
Support is holding around $0.080. If that breaks, the next zones to watch are $0.077 and $0.072. Further down, $0.065 comes into play if selling picks up again. So far, volume hasn’t picked up, so this move still lacks punch.
📈 Key Technical Indicators (Daily)
| Indicator | Value | Signal |
| RSI (14) | 47.33 | Neutral to slightly bearish |
| ADX (14) | 28.21 | Moderate trend, but leaning bearish |
| MACD (12,26) | 0 | Bullish crossover just formed |
| CCI (14) | -79.70 | Bearish momentum still hanging on |
| Ultimate Oscillator | 44.80 | Mild selling pressure |
| Bull/Bear Power (13) | -0.0072 | Bears still have the edge (slightly) |
Summary: Most indicators still lean bearish, but MACD just flipped to buy, hinting that a shift could be coming.
🔮 Kaspa Price Scenarios
Bullish Scenario:
If buyers step up and push KAS above $0.090, the next stops could be $0.095 and possibly $0.10–$0.11, especially if the breakout comes with volume.
Neutral Scenario:
If KAS price stays above $0.082, we might just see more sideways movement between $0.082 and $0.090 while the market decides.
Bearish Scenario:
But if KAS drops below $0.082, danger of declining to $0.077 or even $0.070, lower downside target at $0.065.
🧠 Bottom Line
Kaspa price is holding the line, literally at its rising trendline, and buyers are trying to regain control. MACD is starting to shift in their favor, but momentum across other indicators is still mixed.
Unless there is a clean breakout above $0.090 with increased volume, the most likely route today is more sideways trading in the $0.082-$0.090 range. That said, the setup is tight, and breakout or breakdown may happen at any moment.
Read Also: With Big August Upgrade Ahead, Is Kaspa (KAS) Finally Headed to Binance?
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