Kaspa (KAS) Price Prediction For Today (July 16)

Kaspa price has been quietly building momentum over the past few weeks. After bouncing from around $0.066 in late June, the price has been making higher lows and slowly grinding upward. 

Now, it’s right back at a big resistance level near $0.090, and traders are watching closely to see if this is finally the breakout moment.

The 9-day moving average is pointing up, and KAS price has been holding above it for most of July. Momentum looks solid, but a clean breakout hasn’t happened just yet.

📅 What We Got Right Yesterday

In yesterday’s prediction, we mentioned that if KAS couldn’t break above $0.090, it would likely stay stuck between $0.080 and $0.090. 

That’s pretty much what played out. KAS price ran into resistance right around $0.089, then pulled back slightly, finishing the day at $0.0874. 

Buyers stepped in when it dipped near $0.083, which we also flagged as a strong support zone. That level held well and helped keep the uptrend intact.

📊 Kaspa Daily Overview (July 16)

  • Current Price: $0.087
  • 24h Change: +2.10%
  • 9-Day SMA: $0.0833
  • Volume: Steady, not explosive

Kaspa price is still moving in the right direction. It’s forming a rising channel, and it’s getting squeezed right under a long-term trendline that has rejected every major rally since May.

🔍 What the KAS Chart Is Showing

Kaspa chart looks constructive. The price is putting in higher lows and higher highs. It’s been climbing steadily, and it’s testing that orange descending line drawn from the $0.13 top back in May.

Support is holding well. The $0.083–$0.084 area, just above the 9-day SMA, has acted like a safety net. If that breaks, the next support level is around $0.078. But so far, buyers are defending.

Source: TradingView.com

If the price of KAS can close above $0.090, breakout is underway, and targets like $0.098 and even $0.11 start looking more realistic.

📈 Technical Indicators (Daily Timeframe)

IndicatorValueSignal/Interpretation
RSI (14)60.086Bullish momentum, not yet overbought
ADX (14)36.431Strong trend in place
MACD (12,26)0.002Slightly positive, Buy signal
CCI (14)95.3294Near Buy threshold, positive momentum
ROC18.289Strong upward movement
Bull/Bear Power (13)0.0062Bulls slightly in control

Summary: All indicators are pointing towards sustained bullish pressure. ADX guarantees a rising trend, and RSI, MACD, and ROC are all pointing towards continuation. There are no divergences of the bearish kind at present.

🔮 What Could Happen Next?

Bullish Scenario:

A close over $0.090 on the day might unlock the gates to $0.098, and if momentum continues, perhaps even a shove towards $0.11

Neutral Scenario:

If KAS price gets rejected again, expect more chop between $0.080 and $0.090 as traders wait for a stronger push.

Bearish Scenario:

If KAS slips below $0.080, control shifts back to the bears. Then $0.075 or even $0.066 might be back in the mix.

🧠 Final Thoughts

Kaspa price action has been dull, no crazy volatility, just steady, controlled drift upwards. That downtrend line around $0.090 is still the key obstacle.

Get past it, and momentum might really start to build up fast. Meanwhile, the $0.083–$0.090 zone is the area to watch. What happens to KAS there might set the tone for the rest of the week.

Read Also: ChatGPT Predicts Kaspa (KAS) Price When Bitcoin Hits $200K

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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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