Kaspa (KAS) has exhibited challenging price action over the past few weeks, facing pressure despite the general rise in altcoin markets.
How Did Kaspa Price Perform in June?
Kaspa started June around $0.096 but quickly entered a steep downtrend. By mid-June, it was already trading below $0.08, with little sign of momentum. Overall, KAS dropped nearly 20% throughout the month, spending most of the time ranging between $0.075 and $0.085. This bearish action occurred despite the broader market holding steady, which further emphasizes Kaspa’s underperformance.
Kaspa Chart Analysis
An analysis of the KAS/USDT chart shows that Kaspa is still struggling below the 200-day moving average, which currently sits at $0.096. The downtrend from early June continues to press downward, and although there’s some sideways accumulation happening now, we’re not seeing any confirmation of a breakout. There were a few small bullish attempts around June 25–28, but all of them failed to push KAS above the $0.08–$0.081 zone, which clearly acts as short-term resistance. Support seems to be building in the $0.072–$0.074 area, but revisiting these levels could open the door for another downturn.
Kaspa Price Forecast for July
Two realistic scenarios are forecasted for Kaspa in July. In the bearish scenario, if Bitcoin remains flat or dips, Kaspa risks losing its $0.072–$0.074 support. If that cracks, we could see the price slide toward $0.065 or even revisit the May low around $0.06. In the bullish scenario, if KAS somehow breaks above $0.081 and reclaims $0.085, it could flip short-term sentiment, potentially leading to a move towards the 200-day MA at $0.096. However, this would require serious volume and market support, which looks unlikely at this moment.
For now, Kaspa appears range-bound and weak. Without clear catalysts or strong altcoin recovery in July, more downside or sideways action could be expected.
