During the ongoing market recovery, the Kaspa price is doing fairly well since it’s up around 6.5% and is now trading just slightly below an important resistance zone at $0.90. We decided to take a look at the Kaspa chart and see where the KAS price might be headed today.
What you'll learn 👉
📊 Kaspa Daily Overview (June 10)
Kaspa is currently trading at $0.08898, just under the key $0.090 level. This price zone has become important because of a large short squeeze setup that traders have been watching closely.
According to a recent CaptainAltcoin’s article, a breakout above $0.090 could liquidate nearly 12 million short positions. That would likely trigger a fast move to the upside.
Over the last 24 hours, Kaspa has slipped by about 0.49%, but it’s still holding higher than it was a day ago. On the 4-hour chart, the RSI is at 51.69, which shows that momentum is neutral. Traders aren’t showing extreme fear or greed right now.
Meanwhile, trading volume has jumped 30%, a sign that more participants are stepping in as the price tests this critical level.
🔍 What the Kaspa Chart Is Showing
Kaspa’s price action over the past few weeks shows a clear shift from a steep downtrend to a sideways range. After falling from its May high near $0.135, KAS found support near $0.075.
Since then, it has slowly climbed back up and is now stuck between $0.085 and $0.090. This zone has acted like a pressure point. Buyers and sellers have been fighting to take control, but neither side has broken through with force.
$0.090 now acts as the next big test. It’s not just a resistance level on the KAS chart – it’s also a key trigger for a short squeeze. If bulls manage to push above it, the move could be quick and sharp.
On the other hand, if the price drops below $0.085, sellers may gain confidence again and pull the price back down to the $0.080 or $0.075 zone.
📈 Technical Indicators (Daily Timeframe)
| Indicator | Value | Interpretation |
|---|---|---|
| MACD | -0.004 | Bears are still slightly in control |
| ADX | 41.93 | Strong trend is active, likely bearish |
| CCI | 3.70 | Market is balanced, no strong signal |
| Ultimate Oscillator | 46.03 | Price is in a neutral zone |
| ROC | -16.08 | Momentum has turned negative |
| Bull/Bear Power | +0.0007 | Buyers are trying to regain control |
The indicators show that Kaspa is still under pressure. The MACD remains slightly negative, which means bearish momentum is not fully gone. ADX is above 40, so the current trend is strong.
Since the trend has been down, this number supports the bearish side. The CCI and Ultimate Oscillator are neutral, which means buyers and sellers are still in balance. ROC shows that Kaspa has lost speed recently, while Bull/Bear Power turning barely positive shows that bulls are trying to push back.
🔮 Kaspa Price Prediction Scenarios for June 10
If Kaspa breaks through $0.090 with solid volume, the price could jump quickly. This would confirm a short squeeze and open the door for a move toward $0.095 or even $0.100. It would also bring new buyers into the market.
If Kaspa stays below $0.090 but holds above $0.085, the price will likely move sideways for the rest of the day. This would show that the market is still waiting for a clear breakout or breakdown. In that case, the price could stay between $0.086 and $0.089 until something stronger happens.
If Kaspa fails to hold $0.085, sellers could take control again. The price might fall toward $0.080 or $0.075. That would signal that the short-term recovery is fading and the bearish trend is returning.
Right now, everything depends on the battle at $0.090. If bulls win it, the day could turn explosive. If not, expect more sideways action or a deeper pullback.
Read also: How High Can KAS Price Go in 2025 if Binance and Coinbase List Kaspa?
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