Kaspa has spent the past weeks trading sideways, but can KAS price next big move be a double-digit rally? Looking at the chart, the short answer is no for now, but that could change under certain conditions.
The KAS price has been stuck under a descending trendline since July. Each attempt to push higher has failed, creating a pattern of lower highs. Despite that, support at around $0.08 has managed to hold firm, preventing a sharper drop. This support has become the line in the sand for KAS bulls, who have defended it several times already.
Charts often tell a story, and right now the story leans slightly bearish. When an asset makes consistent lower highs, it usually signals weakening momentum. If the $0.08 support level breaks, the next stop for KAS price could be around $0.072. That would represent a double-digit dip of roughly 10%.
The bears have been testing this zone for weeks, and pressure is building. If buyers lose control here, the market could quickly slide to that lower support.
What Is Needed for a Double-Digit Rally?
For Kaspa to mount a strong rally, the descending trendline is the first barrier that must be cleared. A breakout above it would flip the structure from bearish to bullish. After that, the focus would shift to the July highs near $0.11.
Reclaiming that level would mark a 40% rise from the current KAS price around $0.083. This kind of move would not just be a bounce but a proper rally that could change sentiment. Until then, the setup suggests patience, as the market has not yet confirmed such a shift.
Kaspa Price Outlook for September
The overall picture shows Kaspa stuck in a tight range, caught between firm support and heavy resistance. September could turn into a defining month. A breakdown below $0.08 opens the door to more losses, while a clean breakout above the trendline could spark a rally toward $0.11.
Read Also: Analysts Warn September Could Be Rough for Bitcoin (BTC) Before Year-End Rally
For now, the chart favors caution. KAS has been moving more like a coiled spring under pressure rather than a rocket ready for lift-off. That makes the next move all the more important.
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