Kaspa (KAS) Price Prediction For Today (July 8)

Kaspa price is still stuck in a tight range after its bounce in late June. It had a decent rally, but so far, it hasn’t been able to push through resistance. 

The charts are starting to lean bearish again, and miner selling isn’t helping. Reports suggest that miners are offloading KAS in favor of BTC and TAO, which is adding more selling pressure.

Right now, KAS price is trading around $0.075, sitting right in the middle of its consolidation zone. Volume has picked up a bit, but the price is still struggling to break above that key $0.0775 level.

Let’s take a closer look at today’s setup.

📊 Kaspa Daily Overview (July 8)

  • Current Price: $0.07519
  • 24h Change: -2.97%
  • 4H RSI (14): 41.36
  • Volume: Up 23% from the previous day

Kaspa price has been trading between $0.0735 and $0.0775 for several sessions, showing no clear breakout or breakdown. The recent drop follows reports that miners are swapping KAS for BTC and TAO, adding downward pressure. Despite this, rising volume suggests market participants are active and awaiting direction.

🔍 What the Kaspa Chart Is Showing

The 4H chart displays a strong rebound from the $0.060 support zone in late June, followed by two confirmed breaks of structure (BOS), one around June 23 and another shortly after. These marked the end of the prior downtrend.

Since then, the price has been stuck in a tight consolidation box. The $0.0775 level has acted as resistance, while $0.0735 has provided soft support. Price action remains undecided, with no strong directional moves.

If buyers can push through $0.0775 on volume, a move toward $0.082 may follow. A breakdown below $0.0735, however, could lead to a retest of the $0.060 demand zone.

Source: TradingView.com 

Read Also: 4 Top AI Tools Predict the XRP Price in 2025

📈 Technical Indicators (Hourly Timeframe)

IndicatorValueSignal / Interpretation
RSI (14)41.36Weak momentum, leaning bearish
ADX (14)54.71Strong trend, likely downward
MACD (12,26)0.00Bearish crossover, signals uncertainty
CCI (14)-43.73Mild bearish tone, still within neutral range
ROC (Rate of Change)-1.326Negative momentum, selling bias
Bull/Bear Power (13)-0.0001Slight bearish dominance

Summary: Indications are in the direction of bearish control on the short-term chart. RSI and ROC indicate weakening strength, while ADX suggests that a strong trend has formed. The MACD is zero, indicating no bullish sentiment.

🔮 Kaspa Price Prediction Scenarios

Bullish Scenario:

If Kaspa can break above $0.0775 on strong volume, buyers may target $0.082–$0.085 in the short term.

Neutral Scenario:

Sideways movement between $0.0735 and $0.0775 is likely for KAS price if no new catalyst appears. Volume remains key.

Bearish Scenario:

A close below $0.0735 will likely expose downside toward previous support around $0.060–$0.062, where demand last operated.

🧠 Wrapping Up

Kaspa price action remains range-bound as the market digests miner sell pressure and overall altcoin weakness. Although volume is rising, the token is still in consolidation, waiting for a breakout. For the time being, traders will be monitoring closely around the $0.0735 and $0.0775 levels to determine what to do next.

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Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

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