Kaspa (KAS) Price Prediction for Today, September 29

Kaspa is starting the week with a quiet but steady rebound after several days of pressure. Over the past two weeks, the KAS price has lost ground from the mid-$0.08 area, but fresh buying interest is beginning to show up around key support. 

At writing, KAS trades near $0.077, up slightly on the day, and traders are watching to see if this early strength can turn into a stronger move before the session ends.

What the KAS Chart Is Showing

The 4H chart highlights a gradual downtrend from early September peaks near $0.096. Lower highs have defined the pattern, with KAS sliding toward a key floor near $0.0727, where buyers repeatedly stepped in over the past week.

The latest candles show a small recovery from that support. After a temporary retreat to $0.073 on September 27, KAS price recovered above $0.077, where it is currently range-bound. This is just beneath a short-term resistance band between $0.080, which will be critical to overcome if momentum is to be maintained.

However, price structure suggests that $0.072–$0.073 remains the main defense zone, while $0.080–$0.082 is the first ceiling bulls need to break to aim for the mid-$0.08s.

Image Source: Coinank

Market Indicators

Momentum signals are beginning to turn more constructive. The RSI on multiple settings sits in the 46–58 range, rising slightly from oversold territory. This points to a market that is neutral but edging toward bullish if buying continues.

Open interest holds near $520 million, showing steady derivatives participation. 

Net shorts are around $358 million, while net longs sit near $270 million, a balance that suggests no heavy one-sided positioning. 

The lack of aggressive short buildup reduces the risk of a sudden downside cascade and gives room for a short-term bounce.

Read Also: Ethena (ENA) Price Flashes Bearish Signal – Here Are the Key Levels Analysts Are Watching

KAS Price Short-Term Outlook for Today, September 29

The immediate focus is whether KAS can stay above $0.075–$0.077 and challenge the $0.080 resistance before the daily close. 

A clean break and sustain above that band would most likely pave the way for a run towards $0.084–$0.086, levels tapped earlier this month.

If bulls cannot sustain $0.075, the market can test the $0.072 support line which has held many times before. A strong break below that would turn sentiment bearish and expose the next lower range around $0.070.

For now, Kaspa price is showing early signs of stabilization. A steady defense of the $0.072 base, combined with rising RSI and firm open interest, keeps the door open for a mild recovery through the rest of the day.

Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.

Tags:

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.

CaptainAltcoin
Logo