Kaspa price is trading around $0.08517 at the time of writing, holding steady after days of slow, sideways action.
Price has been stuck in a tight range for weeks, and traders are watching to see if today finally brings a breakout or if the token drifts lower again.
What you'll learn 👉
What We Got Right Yesterday
Yesterday we noted that Kaspa’s trading volume has cooled a lot compared to the summer rally, sitting near 137M. That still lines up with what we see now, with fewer traders jumping in to push the market.
We also mentioned that open interest had eased but was still active. The OI-to-market cap ratio is still about 0.059, which tells us leverage is around but not excessive.
On top of that, long positions have been slipping toward -1.25B, while shorts climbed to about 1.20B. That slight edge for bears is still in play today.
What the Kaspa Chart Is Showing
The daily chart shows how Kaspa made a big move earlier this year, running up to $0.18-$0.20 before sellers took control. After that, every recovery attempt in the $0.12-$0.14 range failed, sending the token down to $0.052 in early summer, where it finally found a solid base.
Since then, the Kaspa price has bounced back to $0.11–$0.12 but couldn’t stay there. Now it’s moving mostly sideways, with lower highs forming a tighter range between $0.08 and $0.11.
Buyers keep defending the $0.08–$0.082 support area, while the next ceiling sits around $0.10–$0.11. A strong daily close above that with bigger volume could open a run to $0.12–$0.14, maybe even $0.18.
Market Indicators
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CoinAnk data shows trading volume holding near 206M, with predicted volume around 233M, still much lighter than earlier rallies.
Long and short positions remain close, but shorts still have a small advantage. With the open interest-to-market cap ratio steady at 0.059, the market isn’t leaning hard in either direction. A sharp rise in that number alongside price could point to fresh momentum.
Kaspa Price Short-Term Outlook for Today, September 12
For now, the key level to watch is $0.08. If buyers keep that floor intact, Kaspa price could make another push toward $0.10-$0.11.
If sellers break that support, a drop back toward $0.052 is possible. Until one of those levels gives way, expect more sideways action as Kaspa waits for a stronger move.
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